Suriname

Suriname
Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
Total Pages: 46
Release: 2013-12-04
Genre: Business & Economics
ISBN: 1475562357

This Selected Issues paper focuses on constructing a high-frequency economic growth indicator for Suriname. Most economic data for Suriname are available only with a substantial time lag and on a low-frequency basis, impeding such analyses. This paper presents a simple econometric model that closely approximates GDP in recent years. The model estimates are used to construct a monthly indicator of economic activity for Suriname. The indicator provides information about the pace of economic activity close to real time, typically with a one- to two-month lag.