Country Info >> Suriname

The economy is dominated by the mining industry, with exports of alumina, gold, and oil accounting for about 55% of GDP, 85% of exports, and 25% of government revenues, making the economy highly vulnerable to mineral price volatility. The short-term economic outlook depends on the government's ability to control inflation and on the development of projects in the bauxite and gold mining sectors. 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. In 2000, the government of Ronald VENETIAAN, returned to office and inherited an economy with inflation of over 100% and a growing fiscal deficit. He quickly implemented an austerity program, raised taxes, attempted to control spending, and tamed inflation. These economic policies are likely to remain in effect during VENETIAAN's third term.

Source:  CIA-The World Factbook

Per Capita GDP
$7,800 as of (2007 est.) Source: CIA-The World Factbook

Main-Line Phones
81,500 as of (2006) Source: CIA-The World Factbook

Mobile Phones
320,000 as of (2006) Source: CIA-The World Factbook

Internet Users
32,000 as of (2006) Source: CIA-The World Factbook

Cable TV Households
40,000 as of (2007) Source: LMS est.

Time Zone Vs. Eastern Time (New York, Miami)
+1 hour, during Daylight Standard Time