Inflation Suriname 2021
Average inflation: 58.8%
Current Inflation
Inflation is very high at 58.8%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 74.4%. The lowest inflation was in May at 43.5%.
- Highest month
- August: 74.4%
- Lowest month
- May: 43.5%
- Difference
- 30.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 61.2%. The lowest price increase was in Energy with an average of 54.0%.
- Highest increase
- Food: 61.2%
- Lowest increase
- Energy: 54.0%
Historical Context
Current inflation is 33.1% higher than the 5-year average of 25.7%. This approaches the highest level since records began (58.8% in 2021).
- 5-year average
- 25.7%
- 10-year average
- 20.1%
- All-time high (2021)
- 58.8%
- All-time low (2009)
- 0%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +24.1 percentage point.
- Change vs. previous year
- +24.1 percentage points
- Largest monthly swing
- January: +59.5 percentage points
ECB Target
Inflation is 56.8% 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 €158.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 63.8% | +59.5 |
| February | 61.9% | +55.0 |
| March | 50.4% | +32.8 |
| April | 44.4% | +18.5 |
| May | 43.5% | +12.1 |
| June | 54.0% | +18.8 |
| July | 58.8% | +20.6 |
| August | 74.4% | +34.5 |
| September | 69.5% | +24.4 |
| October | 60.6% | +6.2 |
| November | 63.3% | +6.9 |
| December | 60.7% | 0.0 |
| Average | 58.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.