Inflation Suriname 2018
Average inflation: 6.9%
Inflation in 2018
Inflation is very high at 6.9%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 9.6%. The lowest inflation was in October at 5.2%.
- Highest month
- February: 9.6%
- Lowest month
- October: 5.2%
- Difference
- 4.4 percentage points
- Months with data
- 10 of 12
Category Insights
The highest price increase was in Food with an average of 8.9%. The lowest price increase was in Energy with an average of 0.8%.
- Highest increase
- Food: 8.9%
- Lowest increase
- Energy: 0.8%
Historical Context
Inflation is 12.3 percentage points lower than the 5-year average of 19.2%.
- 5-year average
- 19.2%
- 10-year average
- 12.8%
- All-time high (2016)
- 55.2%
- All-time low (2009)
- 0%
Trend
Over the period 2016-2018, inflation shows a downward trend. Compared to 2017, inflation has fallen by 16.9 percentage points.
- Change vs. previous year
- -16.9 percentage points
- Largest monthly swing
- January: -39.4 percentage points
ECB Target
Inflation is 4.9 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for SRD 100 this year will cost approximately SRD 106.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 9.1% | -39.4 |
| February | 9.6% | -35.5 |
| March | 8.7% | -32.9 |
| April | 7.9% | -23.0 |
| July | 6.0% | -13.3 |
| August | 6.2% | -10.0 |
| September | 5.5% | -6.2 |
| October | 5.2% | -5.6 |
| November | 5.5% | -3.7 |
| December | 5.4% | -3.9 |
| Average | 6.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026. Not all months available yet.