Suriname is experiencing a recovery led by the mining sector. Much of this recovery is due to strengthened activity in the gold industry, which is also contributing to dynamism in other sectors, including manufacturing, electricity, gas and water and transportation.
Inflation and the exchange rate have stabilised from their sharp spikes in 2015, contributing to increased stability in the macroeconomic environment. Although the pace of fiscal consolidation has slowed, the fiscal deficit is narrowing. Commercial banks’ financial soundness indicators are improving but critical vulnerabilities remain.