Inflation Suriname 2020
Average inflation: 34.7%
Current Inflation
Inflation is very high at 34.7%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 60.7%. The lowest inflation was in January at 4.3%.
- Highest month
- December: 60.7%
- Lowest month
- January: 4.3%
- Difference
- 56.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 43.0%. The lowest price increase was in Energy with an average of 8.2%.
- Highest increase
- Food: 43.0%
- Lowest increase
- Energy: 8.2%
Historical Context
Current inflation is 9.7% higher than the 5-year average of 25.0%.
- 5-year average
- 25%
- 10-year average
- 16%
- All-time high (2016)
- 55.2%
- All-time low (2009)
- 0%
Trend
Inflation shows an upward trend. Compared to 2019, inflation has risen by +30.4 percentage point.
- Change vs. previous year
- +30.4 percentage points
- Largest monthly swing
- December: +56.5 percentage points
ECB Target
Inflation is 32.7% 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 €100 this year will cost approximately €134.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 4.3% | -1.1 |
| February | 6.9% | +2.6 |
| March | 17.6% | +13.5 |
| April | 25.9% | +21.3 |
| May | 31.4% | - |
| June | 35.2% | - |
| July | 38.2% | +33.8 |
| August | 39.9% | +35.9 |
| September | 45.1% | +41.1 |
| October | 54.4% | +50.2 |
| November | 56.4% | +52.1 |
| December | 60.7% | +56.5 |
| Average | 34.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.