The minimum monthly wage in Suriname is not regulated by the government. Suriname has a government debt of 29.% of the country's Gross Domestic Product (GDP), as assessed in 2013. With regard to consumer prices, the inflation rate in Suriname is 4.2%. The currency of Suriname is Surinamese dollar. The plural form of the word Surinamese dollar is dollars. The symbol used for this currency is $, and it is abbreviated as SRD. The Surinamese dollar is divided into cent; there are 100 in one dollar. Each year, consumers spend around $466 million. The ratio of consumer spending to GDP in Suriname is 0.01%, and the ratio of consumer spending to the world consumer market is 0.13%. The corporate tax in Suriname is set at 36%. Personal income tax ranges from 38% to 38%, depending on your specific situation and income level. VAT in Suriname is 0%, and it is known as Sales Tax. In 2013, Suriname received 39.6 million USD in foreign aid.In 2014, the foreign aid amounted to 90.5 USD.
Gross Domestic Product
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Suriname is $8,987 billion. The Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) per capita in Suriname was last recorded at $15,813,803. PPP in Suriname is considered to be very good when compared to other countries. Very good PPP indicates that citizens in this country find it easy to purchase local goods. Local goods can include food, shleter, clothing, health care, personal care, essential furnishings, transportation and communication, laundry, and various types of insurance. Countries with very good PPP are safe locations for investments. The total Gross Domestic Product (GDP) in Suriname is 5,299 billion. Based on this statistic, Suriname is considered to have a medium economy. Countries with medium economies support an average number of industries and opportunities for investment. It should not be too difficult to find worthwhile investment opportunities in medium economies. The Gross Domestic Product (GDP) per capita in Suriname was last recorded at $9,324,284. The average citizen in Suriname has very high wealth. Countries with very high wealth per capita have an extended life expectancy and very high standard of living. Highly skilled workers can be found in many industries, and labor is very expensive in these countries. Countries with very high wealth offer opportunities for safe investments, as they are often supported by a diverse and thriving financial sector. GDP Annual Growth Rate in Suriname averaged 3.3% in 2014. According to this percentage, Suriname is currently experiencing modest growth. Countries that are experiencing modest growth offer safe opportunities for investment; their expanding economy indicates that businesses, jobs, and income will expand accordingly.
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