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Suriname - Trade & Marketing Information
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ALIGN="RIGHT" SRC="/cgtd/global/america/suriname.gif"> Suriname - key economic data 

Economy Overview:

    The economy is dominated by the bauxite industry, which accounts for 15% of
    GDP and about 70% of export earnings. Paramaribo has failed to initiate the
    economic reforms necessary to stabilize the economy or win renewed Dutch aid
    disbursements. The government continues to finance deficit spending with
    monetary emissions. As a result, high inflation, high unemployment,
    widespread black market activity, and hard currency shortfalls continue to
    mark the economy.


National product:
    GDP - purchasing power parity - $1.2 billion (1994 est.)
National product real growth rate:
    -0.8% (1994 est.)
National product per capita:
    $2,800 (1994 est.)
Inflation rate (consumer prices):
    225% (1994 est.)
Unemployment rate:
    NA
Budget:
  revenues:
    $300 million
  expenditures:
    $700 million, including capital expenditures of $70 million (1994 est.)



Industrial production:

    growth rate 3.5% (1992 est.); accounts for 18% of GDP
Electricity:
  capacity:
    420,000 kW
  production:
    1.4 billion kWh
  consumption per capita:
    3,123 kWh (1993)



Economic Activity


Industries:

    bauxite mining, alumina and aluminum production, lumbering, food processing,
    fishing

Agriculture:
    accounts for 15% of GDP and 25% of export earnings; paddy rice planted on
    85% of arable land and represents 60% of total farm output; other products -
    bananas, palm kernels, coconuts, plantains, peanuts, beef, chicken; shrimp
    and forestry products of increasing importance; self-sufficient in most
    foods
Suriname - key foreign trade data 




Exports:

    $443.3 million (f.o.b., 1993 est.)
  Commodities:
    alumina, aluminum, shrimp and fish, rice, bananas
   Major Trade Partners::
    Norway 33%, Netherlands 26%, US 13%, Japan 6%, Brazil 6%, UK 3% (1992)



Imports:

    $520.5 million (f.o.b., 1993 est.)
  Commodities:
    capital equipment, petroleum, foodstuffs, cotton, consumer goods
   Major Trade Partners::
    US 42%, Netherlands 22%, Trinidad and Tobago 10%, Brazil 5% (1992)
External debt:
    $180 million (March 1993 est.)
Suriname - Trade, Industry & Marketing information

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