Inflation, CPI (Average) fell to 5.98% in Suriname in 2019

Inflation, CPI (Average) (%)
Economy | Suriname | January 01, 2020
$2.99
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Average inflation measured by CPI reached 5.98 % in 2019 in Suriname, according to the National Statistical Office. This is 23.3 % less than in the previous year.

Historically, average inflation measured by CPI in Suriname reached an all time high of 7.80 % in 2018 and an all time low of -0.007 % in 1996. When compared to Suriname's main peers, average inflation measured by CPI in Brazil amounted to 4.18 %, 2.92 % in Guyana, 3.12 % in Trinidad and Tobago and 10,000,000 % in Venezuela in 2019.

Suriname has been ranked 35th within the group of 174 countries we follow in terms of average inflation measured by CPI, 119 places above the position seen 10 years ago.

Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.

Inflation, CPI (Average) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Bolivia % 0.028% 3.17% 4.19% 4.46% 4.47%
Brazil % 0.034% 3.67% 4.18% 4.08% 4.00%
Colombia % 0.043% 3.21% 3.37% 3.00% 3.04%
Guyana % 0.019% 1.30% 2.92% 3.11% 3.37%
Peru % 0.028% 1.40% 2.01% 2.01% 1.99%
Puerto Rico % 1.75% 2.71% 1.23% 1.13% 1.05%
Suriname % 0.220% 7.80% 5.98% 5.66% 9.29%
Trinidad and Tobago % 0.019% 2.33% 3.12% 3.04% 3.78%
Venezuela % 1,088% 1,370,000% 10,000,000% ... ... ... ...