TOOL · GROSS COST

How much would a basic income cost in Suriname?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Country

Adult population 465,713child population 163,173year 2023World Bank WDI

Monthly amount per adult

Monthly amount per child

GROSS ANNUAL COST

5,254 million

in SRDSRD 5,254,075,200

Equal to 4.1% of reference GDP

Population covered: 628,886 people

Adults: 465,713 × SRD 800 × 12 = SRD 4,470,844,800

Children: 163,173 × SRD 400 × 12 = SRD 783,230,400

SRD 4,470,844,800 + SRD 783,230,400 = SRD 5,254,075,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $3,472,693,412 · World Bank WDI

Currency SRD · exchange rate 36.7759 SRD/USD (2023)

Converted cost $142,867,465 for the GDP share.