However, after the departure of Alcoa, the economy depended on the exports of crude oil and gold.
[11] A member of CARICOM, Suriname also exports in small numbers rice, shrimp, timber, bananas, fruits, and vegetables.
However, proposals for exploitation of the country's tropical forests and undeveloped regions of the interior traditionally inhabited by indigenous and Maroon communities have raised the concerns of environmentalists and human rights activists both in Suriname and abroad.
[14] The banana producer Surland was remodeled as Stichting Behoud Bananen Sector Suriname (SBBS).
[16] With an export value of USD 1.83 billion in 2023, the gold sector makes an important contribution to the economy.
[19] The exploration and exploitation of oil adds substantially to the economy of Suriname at about 10% of the GDP.
[21] Staatsolie currently refines 16,500 barrels a day at Tout Lui Faut refinery in the District of Wanica.
Other players in the off-shore oil industry in Suriname are Total Energies, Apache, Shell and Petronas.
These companies have signed product sharing contracts with STAATSOLIE for the exploration and extraction of off-shore oil.
[30] Moreover, in January 2002, the government renego STAATSOLIE and other local players are anticipating on the development of the off-shore oil industry.
On March 26, 2003, the Central Bank of Suriname (CBvS) adjusted the exchange rate of the U.S. dollar.
The Central Bank of Suriname spent much of Suriname's foreign currency reserves supporting the official exchange rates as inflation and other factors caused the real value of the Surinamese dollar to decline against other reserve currencies.
In June 2021, the central bank devalued the SRD by 33% and announced the currency would float freely.
Suriname retained French investment bank Lazard to act as its financial advisor during the restructuring.
The exchange was established in 1994 by the Association for Securities Trading in Suriname (VvES), founded on January 1, 1994.
[43] The following table shows the main economic indicators in 1980–2021 (with IMF staff estimates for 2020–2028).