Inflation rates by country and year
Data: World Bank, annual %. For information only — not financial advice.
Behind the curve
Turning points in Suriname
- 2008↑ Upward pressure
The world food price crisis ↗ — Wikipedia (opens in a new tab)
Food and fuel prices pushed Suriname's twelve-month inflation into double digits in 2008. The IMF also identified faster credit growth and exchange-rate depreciation as domestic sources of the price pressure.
- 2020↑ Upward pressure
The Surinamese dollar's collapse ↗ — Wikipedia (opens in a new tab)
Monetary financing of fiscal deficits depleted reserves and created a large parallel-market premium. The resulting exchange-rate depreciation passed through strongly to prices, driving inflation to about 61 percent at end-2020.
- 2022↑ Upward pressure
The post-pandemic inflation surge ↗ — Wikipedia (opens in a new tab)
Delays to fiscal adjustment and higher spending increased local-currency liquidity in 2022. Without sufficient monetary tightening, that liquidity put renewed pressure on Suriname's exchange rate and consumer prices.
These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.