Doing Business In Suriname

  1. Suriname is ranked 164 out of 185 economies in Doing Business 2013, recording a decline of 4 points compared to last year.
  2. According to Enterprise Surveys (2010), an Inadequately Educated Workforce, Customs and Trade Regulations, and Access to Finance are the top 3 obstacles that firms face in Suriname. It takes 12.6 days for direct exports to clear customs, compared to a regional average of 9.4 days.
  3. According to the recent World Bank’s Worldwide Governance Indicators (2011), Suriname ranked around the 50th percentile for each indicator except for the Regulatory Quality indicator, which ranked just above the 25th percentile.
  4. Suriname’s economic freedom score is 52.0, making its economy the 135th freest in the 2013 Index. Its score is 0.6 point lower than last year, reflecting substantial declines in monetary freedom, freedom from corruption, and labor freedom. Suriname is ranked 23rd out of 29 countries in the South and Central America/Caribbean region, and its overall score is lower than the world and regional averages.

Source: World Bank


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