Development of inflation rates in Suriname
The inflation rate for consumer prices in Suriname moved over the past 38 years between -0.7% and 368.5%. For 2017, an inflation rate of 22.0% was calculated.
During the observation period from 1979 to 2017, the average inflation rate was 37.2%
per year. Overall, the price increase was 1,113,998.06 %. An item that cost 100 Dollar in 1979 was so charged 1,114,098.06 Dollar in the beginning of 2018.
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Suriname