ouble width), white, red
(quadruple width), white, and green (double width); there is a large yellow
five-pointed star centered in the red band

- Economy
Overview: The economy is dominated by the bauxite industry, which
accounts for about 80% of export earnings and 40% of tax revenues. The
economy has been in trouble since the Dutch ended development aid in
1982. A drop in world bauxite prices that started in the late 1970s and
continued until late 1986, was followed by the outbreak of a guerrilla
insurgency in the interior. The guerrillas targeted the economic
infrastructure, crippling the important bauxite sector and shutting down
other export industries. These problems have created both high inflation
and high unemployment. A small gain in economic growth of 3.6% was
registered in 1988 due to reduced guerrilla activity and improved
international markets for bauxite.

GDP: $1.27 billion, per capita $3,215; real growth rate 3.6%
(1988 est.)

Inflation rate (consumer prices): 50% (1988 est.)

Unemployment rate: 27% (1988)

Budget: revenues $466 million; expenditures $716 million,
including capital expenditures of $123 million (1989 est.)

Exports: $425 million (f.o.b., 1988 est.);
commodities--alumina, bauxite, aluminum, rice, wood and wood
products, shrimp and fish, bananas;
partners--Netherlands 28%, US 22%, Norway 18%, Japan 11%,
Brazil 10%, UK 4%

Imports: $365 million (f.o.b., 1988 est.);
commodities--capital equipment, petroleum, foodstuffs, cotton,
consumer goods;
partners--US 34%, Netherlands 20%, Trinidad and Tobago 8%,
Brazil 5%, UK 3%

External debt: $65 million (1989 est.)

Industrial production: growth rate - 3.1% (1986)

Electricity: 458,000 kW capacity; 2,018 million kWh produced,
5,030 kWh per capita (1989)

Industries: bauxite mining, alumina and aluminum production,
lumbering, food processing, fishing

Agriculture: accounts for 11% of both GDP and labor force; paddy
rice planted on 85% of arable land and represents 60% of total farm
output; other products--bananas, palm kernels, coconuts, plantains,
peanuts, beef, chicken; shrimp and forestry products of increasing
importance; self-sufficient in most foods

Aid: US commitments, including Ex-Im (FY70-83), $2.5 million; Western
(non-US) countries, ODA and OOF bilateral commitments (1970-87), $1.4 billion

Currency: Surinamese guilder, gulden, or florin (plural--guilders,
gulden, or florins); 1 Surinamese guilder, gulden, or florin