| Table Name | Suriname |
| 1.0 Contact Information | |
| 1.1 Name | Mr. Shared Boejhawan/Ms. G. Archangels/Ms. P. Meghoe |
| 1.2 Designation (Job Title) | Chief External Sector Division/Staff members |
| 1.3 Organization | Central Bank of Suriname |
| 1.4 Mailing Address | Waterkant 20, Suriname-Paramaribo |
| 1.5 Country | Suriname |
| 1.6 Email | sboejhawan@cbvs.sr/garchangels@cbvs.sr/pmeghoe@cbvs.sr |
| 1.7 Telephone | +597 473741 ext 2242/ext 2240/ext 2311 |
| 2.0 Concepts, Definitions and Scope | |
| 2.1 Statistical frameworks for the compilation of external debt data | 2013 External Debt Statistics Guide (2013 EDS Guide)/6th Edition of Balance of Payments and International Investment Position Manual (BPM6) |
| 2.2 Consistency with the external debt liabilities of the International Investment Position (IIP) | Yes |
| 2.3 Additional Information on Concepts, Definitions and Scope | The EDS compiles data on the outstanding amount of external debt in U.S. dollars for all sectors in the economy on monthly basis.
Data sources by institutional sector:
- General government: data from Suriname Debt Management Office (SDMO) on a monthly base
- Central Bank: data from the Monetary Division of the Statistics Department of CBvS
- Deposit-Taking Corporations, except the Central Bank: data from the Monetary Division of the Statistics Department of CBvS
- Other sector: direct reports and surveys from the companies on a monthly basis
The valuation is in line with BPM5 and External Debt Statistics Manual-Guide for compilers and users (IMF, 2003) recommendations.
All debt is presented on a gross basis in line with international standards. |
| 3.0 Sector Classification/Coverage | |
| 3.1 Data coverage for Public Sector External Debt | Fully covered |
| 3.2 Data coverage for Publicly-Guaranteed Private Sector External Debt | Fully covered |
| 3.3 Data coverage for Private Sector External Debt Not Publicly Guaranteed | Partly covered, with some gaps |
| 3.4 Data coverage for Central Government | Fully covered |
| 3.5 Data coverage for General Government | Fully covered |
| 3.6 Data coverage for Nonfinancial public sector | Fully covered |
| 3.7 Data coverage for Total financial and nonfinancial public sector | Fully covered |
| 3.8 Data coverage for General Government if reporting Table 6 (SDDS prescribed component) | Fully covered |
| 3.9 Data coverage for Central Bank if reporting Table 6 (SDDS prescribed component) | Fully covered |
| 3.10 Data coverage for Deposit-taking corporations, except the Central Bank if reporting Table 6 (SDDS prescribed component) | Fully covered |
| 3.11 Data coverage for Other Sectors if reporting Table 6 (SDDS prescribed component) | Partly covered, with some gap |
| 3.12 Data coverage for Other financial corporations if reporting Table 6 (SDDS prescribed component) | Partly covered, with some gap |
| 3.13 Data coverage for Nonfinancial corporations if reporting Table 6 (SDDS prescribed component) | Partly covered, with some gap |
| 3.14 Data coverage for HH and nonprofit institu. serving households (NPISHs) if reporting Table 6 (SDDS prescribed component) | Partly covered, with significant gaps |
| 3.15 Data coverage for Direct Investment: Intercompany lending if reporting Table 6 (SDDS prescribed component) | Partly covered, with some gap |
| 3.16 External debt include both foreign currency and domestic currency denominated debt instruments held by nonresidents | Yes |
| 3.17 Additional comments and explanations on Sector Classification/Coverage | External Debt Statistics Manual-Guide for compilers and users (IMF,2013).
The EDS is presented by:
- Institutional sector; these are the same as for the BOP & IIP (Central Bank, General
government, Deposit-Taking Corporations, except the Central Bank and Other sector).
- Maturity; distinction between short- and long-term debt
- Functional categories; are the same as for the BOP & IIP
Insurance companies, Pension funds and households external debt position, which are not disbursed or repaid through the banking sector of Suriname are not yet covered.
No estimates are made for unrecorded activities.
Non-coverage for External Debt of Private sector which does not go through our banking system. |
| 4.0 Debt Instrument Classification/Coverage | |
| 4.1 Data coverage for Currency and deposits | Partly covered, with some gaps |
| 4.2 Data coverage for Debt Securities | Partly covered, with some gaps |
| 4.3 Data coverage for Loans | Partly covered, with some gaps |
| 4.4 Data coverage for Trade credit and advances | Partly covered, with some gaps |
| 4.5 Data coverage for Other debt liabilities | Partly covered, with some gaps |
| 4.6 Data coverage for Special drawing rights (allocations) | Fully covered |
| 4.7 Data coverage for Debt liabilities of direct investment enterprises to direct investors | Partly covered, with some gaps |
| 4.8 Data coverage for Debt liabilities of direct investors to direct investment enterprises | Partly covered, with some gaps |
| 4.9 Data coverage for Debt liabilities to fellow enterprises | Partly covered, with some gaps |
| 4.10 Arrears (including interest that accrues on arrears) reported in the same debt instrument | Yes |
| 4.11 Arrears separately identified in the memorandum items | Yes |
| 4.12 Classification of maturity for short-term/long-term debt instruments | Original maturity |
| 4.13 Additional comments and explanations on Debt Instrument Classification/Coverage | 1. SDR allocations are included starting from 2011Q4. 2. The indicated partial coverage of debt instruments mainly refers to transactions that are not carried out through the formal banking system of Suriname. They either occur through informal channels or banks abroad which are not yet covered. Improving the coverage by expanding the list of companies that are being surveyed is an ongoing process. |
| 5.0 Valuation and Basis of Recording | |
| 5.1 Main valuation method for debt securities (in main table) | Market Value |
| 5.2 Main valuation method for debt securities (in memorandum items) | Nominal Value |
| 5.3 Other methods and weights used for valuation of debt securities | None |
| 5.4 Basis for compiling external debt statistics | Cash and Accural Basis |
| 5.5 Inclusion of accrued interest costs that are not paid | Yes - The compilation of the External Debt Statistics of Suriname is a mixture of Cash and Accrual Basis, depending on data availability. |
| 6.0 Data sources/Compiling Organizations | |
| 6.1 Main data source(s) for the external debt statistics | Data sources by institutional sector:
- General government: data from Suriname Debt Management Office (SDMO) on a monthly base
- Central Bank: data from the Monetary Division of the Statistics Department of CBvS
- Deposit-Taking Corporations, except the Central Bank: data from the Monetary Division of the Statistics Department of CBvS
- Other sector: direct reports and surveys from the companies on a monthly basis
Suriname Debt Management Office (SDMO) was established in 2003 under the Debt Act of March 19 2002 and became operational in 2004. The SDMO is responsible for all compilation and dissemination of general government debt. |
| 6.2 Link(s) to national website where the external debt statistics are being disseminated | https://www.cbvs.sr/en/external-debt-statistics-en |
| 6.3 Link(s) to relevant metadata that currently exists and is consistent with your external debt statistics | Metadata of EDS of Suriname is available on the website of the Central Bank of Suriname (www.cbvs.sr) and will be updated soon. |
| 6.4 Primary agency responsible for compiling external debt statistics | Central Bank of Suriname and Suriname Debt Management Office is responsible for the compilation of all general government debt. |
| 6.5 Primary agency responsibile for disseminating external debt statistics | Central Bank of Suriname and Suriname Debt Management Office is responsible for the dissemination of all general government debt. |
| 7.0 Periodicity and Timeliness | |
| 7.1 Frequency of external debt statistics compilation | Monthly |
| 7.2 Frequency of external debt statistics dissemination | Quarterly |
| 7.3 Timeliness of the publication of the external debt statistics | The EDS data is published on quarterly basis with a lag of two months after reference quarter (in line with the Advance Release Calendar as published on the website of CBvS). |
| 7.4 Additional comments on Periodicity and Timeliness | None |
| 8.0 Revision Policy | |
| 8.1 Data revision policy | Regular schedule - Revision due to updates and re-classification are done on quarterly base (by each dissemination) as far as applicable. Revision due to expanded/improved coverage are done periodically for all external sector statistics. |
| 9.0 Unit of Measure | |
| 9.1 Unit of Measure | Data are in USD. |
| 10.0 Reference Period | |
| 10.1 Reference Period | (i) Data are available starting from 2011Q4. (ii) Data converted through generic conversion from 2003 EDS Guide/BPM5 to 2013 EDS Guide/BPM6 basis by the World Bank from 2011Q4 to 2016Q3. (iii) Data reported by country on a 2013 EDS Guide/BPM6 basis starting from 2016Q4. |
| 11.0 Table Reporting | |
| 11.1 Table 1 -Gross External Debt Position: Public and Publicly Guar. Private Sector and Private Sector Not Publicly Guar. Debt | Yes |
| 11.2 Table 2 - Debt-Service Payment Schedule: Public and Publicly-Guaranteed Private Sector External Debt as of End-Period | Yes |
| 11.3 Table 3 - Public and Publicly-Guaranteed Private Sector External Debt: by Creditor Sector | Yes |
| 11.4 Table 4 - Public Sector Debt and Publicly-Guaranteed Private Sector Debt: by Instrument Breakdown | Yes |
| 11.5 Table 5 -Public and Publicly Guar. Private Sector External Debt: Foreign Currency and Domestic Currency Denominated Debt | Yes |
| 11.6 Table 6 - Gross External Debt Position: by Sector (SDDS prescribed component) | Yes |
| 12.0 Metadata Update | |
| 12.1 Metadata last updated | 04/19/2021 |