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Suriname Econom�a 2000 Econom�a - descripci�n: The economy is dominated by the bauxite industry, which accounts for more than 15% of GDP and 70% of export earnings. After assuming power in the fall of 1996, the WIJDENBOSCH government ended the structural adjustment program of the previous government, claiming it was unfair to the poorer elements of society. Tax revenues fell as old taxes lapsed and the government failed to implement new tax alternatives. By the end of 1997, the allocation of new Dutch development funds was frozen as Surinamese Government relations with the Netherlands deteriorated. Economic growth slowed in 1998, with decline in the mining, construction, and utility sectors. Rampant government expenditures, poor tax collection, a bloated civil service, and reduced foreign aid in 1999 contributed to the fiscal deficit, estimated at 11% of GDP. The government sought to cover this deficit through monetary expansion, which led to a dramatic increase in inflation and exchange rate depreciation. Suriname's economic prospects for the medium term will depend on renewed commitment to responsible monetary and fiscal policies and to the introduction of structural reforms to liberalize markets and promote competition. Producto Bruto Interno (PBI): purchasing power parity - $1.48 billion (1999 est.) PBI - Indice de Incremento real: -1% (1999 est.) PBI - por capital: purchasing power parity - $3,400 (1999 est.) PBI - Composici�n por Sector:
Poblaci�n bajo linea de pobertad: NA% Ingreso en casa o porcentage de consumci�n:
Indice de Inflaci�n (precios del consumidor): 170% (1999 est.) Fuerza Laboral: 100,000 Fuerza Laboral - por ocupaci�n: agriculture NA%, industry NA%, services NA% Indice de desempleo: 20% (1997) Presupuesto:
Industrias: bauxite and gold mining, alumina and aluminum production, lumbering, food processing, fishing Industrial production growth rate: 6.5% (1994 est.) Electricidad - Producci�n: 2.008 billion kWh (1998) Electricidad - producci�n por fuente:
Electricidad - consumci�n: 1.867 billion kWh (1998) Electricidad - exportaciones: 0 kWh (1998) Electricidad - importaciones: 0 kWh (1998) Agricultura - productos: paddy rice, bananas, palm kernels, coconuts, plantains, peanuts; beef, chickens; forest products; shrimp Exportaciones: $406.1 million (f.o.b., 1998) Exporationes - comodidades: alumina, aluminum, crude oil, lumber, shrimp and fish, rice, bananas Exportaciones - socios: Norway 24%, Netherlands 23.8%, US 21.7%, France 7.3%, Japan 4.9%, UK (1998 est.) Importaciones: $461.4 million (f.o.b., 1998) Importaciones - comodidades: capital equipment, petroleum, foodstuffs, cotton, consumer goods Importaciones - socios: US 31.2%, Netherlands 17.3%, Trinidad and Tobago 16.1%, Japan 4.3%, UK 4%, Brazil (1998) Deuda - externa: $175.6 million (1998 est.) Ayuda economica - recipiente: Netherlands provided $37 million for project and program assistance, European Development Fund $4 million, Belgium $2 million (1998) Moneda: 1 Surinamese guilder, gulden, or florin (Sf.) = 100 cents Indice de intercambio:
Surinamese guilders, gulden, or florins (Sf.) per US$1 - 995 (December 1999), 710 (May 1999), 850 (January 1999); central bank midpoint rate: 639.50 (1st Qtr 1999), 401.00 (1998), 401.00 (1997), 401.26 (1996), 442.23 (1995); parallel rate: 1,325 (December 1999), 2000 (May 1999), 800 (December 1998), 412 (December 1995)
A�o Fiscal: calendar year |