Suriname is a country located in Northern South America bordering the North Atlantic Ocean. Neighboring countries include Brazil, French Guinea, and Guyana. The geography of Suriname consists of rainforests, savanna, coastal swamps, and two mountain ranges: the Bakhuis and Van Asch Van Wijck Mountains. The government system is a constitutional Majority rule, by which the biggest proportion of members of...; the chief of state and head of government is the president. Suriname has a mixed economic system, but private-sector development is hampered by the government’s presence in the The management of money, currency and trade of a nation. The.... Suriname is a member of the Caribbean Community (CARICOM).
The The management of money, currency and trade of a nation. The... is dominated by the mining industry, with exports of oil, gold, and alumina accounting for about 85% of exports and 27% of government revenues, making the The management of money, currency and trade of a nation. The... highly vulnerable to mineral The amount of money required to purchase something or to bri... volatility. An increase in a region's or nation's production of goods an... has declined annually from just under 5% in 2012 to 1.5% in 2015. In January 2011, the government devalued the currency by 20% and raised taxes to reduce the Allocation of funds or the estimation of costs for a departm... deficit. As a result of these measures, Normally referring to the economy of a country, inflation is... receded to less than 4% in 2015.
Suriname’s economic prospects for the medium term will depend on continued commitment to responsible monetary and fiscal policies and to the introduction of structural reforms to liberalize markets and promote competition. The government’s reliance on revenue from extractive industries will temper Suriname’s economic outlook, especially if gold prices continue their downward trend.
- Country ISO3 : SUR
- Country Code : 740
- Income Group : Upper middle income
- Lending Category : IBRD
- Region : Latin America & Caribbean
- Currency Unit: Suriname dollar
- WTO Member : Yes
- The buying and selling or exchange of goods and services. Th... organisations : WTO, Unasur
- world rank : 134
- Regional Ranking : 23rd in the South and Central America/Caribbean Region