suriname - oecd · earmarked funds (2013) % of total government expenditures pre-assigned public...

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Government at a Glance Latin America and the Caribbean 2014 Country Fact Sheet Public Finance & Economics Public Procurement Budget Practices & Procedures Public Employment & Pay Average of OECD countries in green Government revenues (2011) % of GDP Government expenditures (2011) % of GDP 10% 20% 30% 40% 50% 27.8% 26.9% Suriname -10% -5% 0% 5% 10% 0.94% -2.1% Suriname Fiscal balance (2011) % of GDP 0% 50% 100% 150% 200% 40.9% 20.4% 100% 100% Suriname Government debt (2011) % of GDP % of GDP 1% 2% 3% 4% 5% 2.6% n.a. Suriname Source: IMF World Economic Outlook Source: IMF World Economic Outlook Source: IMF World Economic Outlook Source: IMF World Economic Outlook Source: IMF Government Finance Statistics Did you know? Average of LAC country values in purple Country value in blue (not represented if not available) Range of LAC country values in grey How to read the figures: Values have been rounded Public Finance & Economics 10% 20% 30% 40% 50% 25.6% 40.8% 31.6% 40.8% 36.6% 34.4% 51.2% 35.7% 44.4% 33.3% 32.2% 45.0% 38.4% 57.3% 42.0% 45.6% 22.7% 41.5% 33.1% 46.2% 40.2% 41.7% 34.9% 53.8% 42.4% 44.6% 50.6% 54.1% 37.4% 55.7% 40.0% 40.8% 38.5% 49.5% 48.3% 27.8% Suriname Government investment spending (2011) Towards Innovative Public Financial Management Suriname Suriname features one of the highest general government fiscal surpluses in LAC: close to 1%. The government debt of Suriname is 20.4% of the GDP, one of the lowest in the region. Suriname is the LAC country where the growth of government revenues per capita between 2009 and 2011 was the closest to the regional average: about 8%. Suriname

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Page 1: Suriname - OECD · Earmarked funds (2013) % of total government expenditures pre-assigned Public Procurement In how many countries is this information always available?

Government at a GlanceLatin America and the Caribbean 2014

Country Fact Sheet

Public Finance & Economics Public ProcurementBudget Practices & ProceduresPublic Employment & Pay

Average of OECD countries in green

Government revenues(2011)

% of GDP

Government expenditures(2011)% of GDP

10% 20% 30% 40% 50%

27.8%

26.9%Suriname

-10% -5% 0% 5% 10%

0.94%

-2.1%

Suriname

Fiscal balance(2011)

% of GDP

0% 50% 100% 150% 200%

40.9%

20.4%

100%

100%

Suriname

Government debt(2011)% of GDP

% of GDP

1% 2% 3% 4% 5%

2.6%n.a.Suriname

Source: IMF World Economic Outlook Source: IMF World Economic Outlook Source: IMF World Economic Outlook Source: IMF World Economic Outlook

Source: IMF Government Finance Statistics

Did you know?

Average of LAC country values in purple

Country value in blue (not represented if not available)

Range of LAC country values in grey

How to read the figures:

Values have been rounded

Public Finance & Economics

10% 20% 30% 40% 50%

25.6%

40.8%31.6%40.8%36.6%34.4%51.2%35.7%44.4%33.3%32.2%45.0%38.4%57.3%42.0%45.6%22.7%41.5%33.1%46.2%40.2%41.7%34.9%53.8%42.4%44.6%50.6%54.1%37.4%55.7%40.0%40.8%38.5%49.5%48.3%27.8%Suriname

Government investment spending (2011)

Towards Innovative Public Financial Management

Suriname

Suriname features one of the highest general government fiscal surpluses in LAC: close to

1%.

The government debt of Suriname is 20.4% of the GDP, one of the lowest in the region.

Suriname is the LAC country where the growth of government revenues per capita between 2009 and 2011 was the closest to the regional

average: about 8%.

Suriname

Page 2: Suriname - OECD · Earmarked funds (2013) % of total government expenditures pre-assigned Public Procurement In how many countries is this information always available?

Budget Practices and ProceduresFiscal rules: Types and legal foundation (2013) Use of performance budgeting practices

at the central level of government (2011)

Index

Source: OECD 2013 Survey on Budget Practices and Procedures Source: OECD 2013 Survey on Budget Practices and Procedures

In how many countriesdo these types of support exist?

Independent in-house budget o�ce

Fiscal council

In-house specialised research unit

Specialised sta� of Budget Committee 6

03

Specialised sta� in political parties

Individual member’s sta�

Other

5

131

n.a.

n.a.n.a.

n.a.n.a.n.a.n.a.

Suriname

Source: OECD 2013 Survey on Budget Practices and Procedures

Types of support available to parliamentfor specialized advice on budget (2013)

Source: OECD 2013 Survey on Budget Practices and Procedures

How many countries have such % of their budgets pre-assigned?

Percentage of budgetpre-assigned

81-100%

61-80%

41-60%

21-40%

2

1

3

1

40-20%

n.a.

Suriname

Earmarked funds (2013)% of total government expenditures pre-assigned

Public Employment and PayWomen in general government (2010)

49.6%

50%

0%

100%

n.a.Suriname

% of general government employment

Source: International Labour Organization (ILO)

Women ministers (2012)% of central government

19.8%

50%

0%

100%

n.a.Suriname

Source: Inter-Parliamentary Union

Women parliamentarians (2012)% in lower or single house of parliament

19.8%

50%

0%

100%

n.a.Suriname

Source: Inter-Parliamentary Union

Compensation in central government (2011)Ratio of average annual compensation of senior manager (D1) and

secretarial positions in central government

0

4

8

12

6.7

8

0

4

12

n.a.

Suriname

0

4

8

12

Source: OECD Survey on Compensation of Employees, Central/Federal Government

In how many countriesdo these types of rules exist?

If yes, what is thelegal foundation?

Do these types of rules exist?

Expenditurerule(s)

Revenuerule(s)

Budget balancerule(s)

Debtrule(s)

Legal foundations:

ConstitutionInternationalTreaty

Primary and/orSecondary Legislation

InternalRules/Policy

C IT L R

6

0

8

4

n.a.

n.a.

n.a.

n.a.

Suriname

0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.37

0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7

n.a.0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

Suriname

Page 3: Suriname - OECD · Earmarked funds (2013) % of total government expenditures pre-assigned Public Procurement In how many countries is this information always available?

Earmarked funds (2013)% of total government expenditures pre-assigned

Public Procurement

In how many countries is this informationalways available?

Laws and policies

General information for potential bidders

Speci�c guidance on application procedures

Procurement plan of anticipated tenders 8

10

11

Tender documents

Selection and evaluation criteria

Contract award

10

11

10

10

Justi�cation for awarding contract to selected contractor

Contract modi�cations

Tracking procurement spending

8

9

8

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

Availability:

Always

Upon request

Sometimes

Not available

Suriname

Public availability of procurement informationat the central level of government (2013)

General government procurement (2011)% of total government expenditures

0% 20% 40% 60% 80%

26.1%40.8%31.6%40.8%36.6%34.4%51.2%35.7%44.4%33.3%32.2%45.0%38.4%57.3%42.0%45.6%22.7%41.5%33.1%46.2%40.2%41.7%34.9%53.8%42.4%44.6%50.6%54.1%n.a.55.7%40.0%40.8%38.5%49.5%48.3%n.a.Suriname

Source: IMF Government Finance Statistics

Source: OECD 2013 Survey on Public Procurement

Government at a Glance: Latin America and the Caribbean 2014Towards Innovative Public Financial Management

This first edition of Government at a Glance: Latin America and the Caribbean 2014, Towards Innovative Public Financial Management is a joint

publication by the Organization for Economic Co-operation and Development (OECD) and the Inter-American Development Bank (IDB), which

offers a dashboard of around 30 indicators to help decision makers and citizens analyse and benchmark government performance both within

the LAC region and compared to the average for OECD countries. The model is the OECD Government at a Glance, which is a fundamental

reference, backed by a well-established methodology for OECD member countries. The publication focuses on four broad areas: public finance and

economics; public employment and pay; budgeting practices and procedures and public procurement.

For more information and to consult all other Country Fact Sheets:

www.oecd.org/gov/government-at-a-glance-lac.htm