Inflation Suriname 2023
Average inflation: 52.8%
Current Inflation
Inflation is very high at 52.8%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 65.4%. The lowest inflation was in December at 32.6%.
- Highest month
- April: 65.4%
- Lowest month
- December: 32.6%
- Difference
- 32.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 58.9%. The lowest price increase was in Energy with an average of 41.6%.
- Highest increase
- Food: 58.9%
- Lowest increase
- Energy: 41.6%
Historical Context
Current inflation is 12.0% higher than the 5-year average of 40.8%.
- 5-year average
- 40.8%
- 10-year average
- 30%
- All-time high (2021)
- 58.8%
- All-time low (2009)
- 0%
Trend
Inflation shows a downward trend. Compared to 2022, inflation has fallen by +0.7 percentage point.
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- December: -22.0 percentage points
ECB Target
Inflation is 50.8% 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 €152.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 55.6% | -5.9 |
| February | 57.9% | -4.2 |
| March | 59.5% | -2.7 |
| April | 65.4% | +5.6 |
| May | 64.9% | +7.4 |
| June | 54.6% | -0.5 |
| July | 56.6% | +7.4 |
| August | 53.5% | +14.4 |
| September | 50.8% | +8.9 |
| October | 42.9% | -6.1 |
| November | 38.7% | -10.8 |
| December | 32.6% | -22.0 |
| Average | 52.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.