This overview provides a summary of the selected indicators, including their latest values, changes over time, and key statistics.
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Suriname GDP (Current USD) represents the total monetary value of all final goods and services produced within Suriname during a specific period, expressed in current U.S. dollars. This indicator is a fundamental measure of a nation's economic output and size. Economists and policymakers monitor this metric to assess the overall health and performance of the Surinamese economy. It provides insights into growth trends, employment levels, and consumer spending power. A rising GDP generally signals economic expansion, increased production, and potentially higher living standards. Conversely, a declining GDP often points to an economic slowdown or recession, which can lead to job losses and reduced investment. The calculation involves summing up consumption, investment, government spending, and net exports. Changes in Suriname GDP (Current USD) reflect shifts in these components, influenced by factors such as commodity prices (especially gold and bauxite for Suriname), government policies, international trade dynamics, and global economic conditions. Consistent growth in this indicator is a key objective for sustainable economic development in Suriname.
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