The economy of Guyana is one of the fastest growing in the world with a gross domestic product (GDP) growth of 19.9% in 2021. In 2023, Guyana had a per capita gross domestic product of Int$60,648 and an average GDP growth of 4.2% over the previous decade. Guyana's economy was transformed in 2015 with the discovery of an offshore oil field in the country’s waters about 120 miles from Georgetown. Making the first commercial grade crude oil draw in December 2019, sending it abroad for refining.
The Surinamese dollar has been the currency of Suriname since 2004. It is divided into 100 cent. The Surinamese dollar is normally abbreviated with the dollar sign $, or alternatively Sr$ to distinguish it from other dollar-denominated currencies. In spoken Surinamese Dutch, it is widely referred to by its acronym SRD, with "dollar" generally being understood as meaning the US dollar.
Petrocurrency is a word used with three distinct meanings, often confused:
- Dollars paid to oil-producing nations —a term invented in the 1970s meaning trading surpluses of oil-producing nations.
- Currencies of oil-producing nations which tend to rise in value against other currencies when the price of oil rises.
- Pricing of oil in US dollars: currencies used as a unit of account to price oil in the international market.
The guilder or florin was the currency of the Netherlands from 1434 until 2002, when it was replaced by the euro.
The Netherlands Antillean guilder is the currency of Curaçao and Sint Maarten, which until 2010 formed the Netherlands Antilles along with Bonaire, Saba, and Sint Eustatius. It is subdivided into 100 cents. The guilder was replaced on 1 January 2011 on the islands of Bonaire, Saba and Sint Eustatius by the United States dollar.
The rijksdaalder was a Dutch coin first issued by the Republic of the Seven United Netherlands in the late 16th century during the Dutch Revolt which featured an armored half bust of William the Silent. It was the Dutch counterpart of the Reichsthaler of the Holy Roman Empire but weighed slightly less, at 29.03 g of 0.885 fine silver, reduced to 0.875 fine by the 17th century. Friesland, Gelderland, Holland, Kampen, Overijssel, Utrecht, West Friesland, Zeeland, and Zwolle minted armored half bust rijksdaalders until the end of the 17th century.
The guilder was the currency of Suriname until 2004, when it was replaced by the Surinamese dollar. It was divided into 100 cents. Until the 1940s, the plural in Dutch was cents, with centen appearing on some early paper money, but after the 1940s the Dutch plural became cent.
The West Irian rupiah was a distinct currency of West Irian between 1963 and 1973. It replaced the West New Guinea gulden at par and was replaced by the Indonesian rupiah at the rate of 1 West Irian rupiah = 18.9 Indonesian rupiah.
Paranam is a town in the Para District, Suriname. Paranam was created in 1938 for a bauxite factory. In 1965, an aluminium smelter was added. The factories closed down in 2017.
Aluminium in Africa originates from bauxite, and within Africa is primarily found in Guinea, Mozambique and Ghana. Guinea is by far the biggest producer in Africa, and is a world leader in bauxite production.
Diplomatic relations between the United States and Suriname were established on 23 January 1976. Suriname has an embassy in Washington, D.C. since 1976, and a consulate in Miami. The United States had a consulate in Paramaribo since 25 November 1975, the date of independence which was upgraded to an embassy on 18 February 1976.
Robert Ameerali is a Surinamese politician who was the Vice President of Suriname from 2010 to 2015. Previously he was the chairman of the Chamber of Commerce. He was nominated by the General Liberation and Development Party, which was founded and is still chaired by Ronnie Brunswijk. He was inaugurated as Vice President on 12 August 2010 and left office on 12 August 2015.
Surinam, also unofficially known as Dutch Guiana, was a Dutch plantation colony in the Guianas, bordered by the equally Dutch colony of Berbice to the west, and the French colony of Cayenne to the east. It later bordered British Guiana from 1831 to 1966.
Krishnakoemarie "Krishna" Mathoera is a Surinamese senior policewoman who became a politician in 2015. She was a member of the National Assembly in Suriname for the Progressive Reform Party (VHP). On 16 July 2020, Mathoera was appointed as Minister of Defense.
Karin B. Refos is a Surinamese former model, entrepreneur, and public speaker on child welfare and women's rights. She founded the brand consultancy STAS International.
The Suriname-Guyana Chamber of Commerce (SGCC) is an international chamber of commerce that is aiming at strengthening the economic ties between Suriname and Guyana.
The Chamber of Commerce and Factories, native name Kamer van Koophandel en Fabrieken (KKF), is a Surinamese institution that offers advice to companies before, during and afther the start, and registers them in the company register. The company register is being published at the website of Suriname Directory.
The Suriname-Netherlands Chamber of Commerce, native name Suriname-Nederland Kamer van Koophandel, is a chamber of commerce with the goal to improve the entrepreneurial infrastructure en promote commerce between Suriname and the Netherlands.
The Ghana-Suriname Chamber of Commerce, Surinamese name Ghana-Suriname Kamer van Koophandel, is a chamber of commerce with the goal to improve the trade relation between Suriname and Ghana.
The Embassy of Suriname in The Hague is located at 2 Alexander Gogelweg.
$2.51 billion (2018)
