Liberia Economic Statistics and Indicators

24, May 2018, EDT. Welcome to the Liberia economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Liberia › Change country
National or Regional Currency: Liberian Dollar, LRD
Year of data: 2015 › Change year
Number of Indicators Listed: 33
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 4,092,310 (July 2014 est.)
Area: total: 111,369 sq km ; land: 96,320 sq km ; water: 15,049 sq km
Natural Resources: iron ore, timber, diamonds, gold, hydropower
Capital: name: Monrovia ; geographic coordinates: 6 18 N, 10 48 W ; time difference: UTC 0 (5 hours ahead of Washington, DC, during Standard Time)

Liberia is a low income country that relies heavily on foreign assistance. Civil war and government mismanagement destroyed much of Liberia's economy, especially the infrastructure in and around the capital, Monrovia. Many businesses fled the country, taking capital and expertise with them, but with the conclusion of fighting and the installation of a democratically elected government in 2006, several have returned. Liberia is richly endowed with water, mineral resources, forests, and a climate favorable to agriculture, and iron ore and rubber have driven growth in recent years. Liberia is also reviving its raw timber sector and is encouraging oil exploration. President JOHNSON SIRLEAF, a Harvard-educated banker and administrator, has taken steps to reduce corruption, build support from international donors, and encourage private investment. Rebuilding infrastructure and raising incomes will depend on financial and technical assistance from donor countries and foreign investment in key sectors, such as infrastructure and power generation. The country achieved high growth during 2010-13 due to favorable world prices for its commodities. In the future, growth will depend on global commodity prices, on sustained foreign aid, trade, investment, and remittances, on the development of infrastructure and institutions, but mostly on maintaining political stability and security.
More on the Liberia Economy
More on the Liberia Export, Import and Trade

Economic Indicator Listing
  For Liberia in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 0.02 %
GDP (Current Prices, National Currency)LRD 2.035 Billion.
GDP (Current Prices, US Dollars)US$ 2.035 Billion
GDP Deflator 226.941 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)LRD 208.705 .
GDP Per Capita (Current Prices, National Currency)LRD 473.636 .
GDP Per Capita (Current Prices, US Dollars)US$ 473.636
GDP (PPP), US DollarsUS$ 3.749 Billion
GDP Per Capita (PPP), US DollarsUS$ 872.754
GDP Share of World Total (PPP) 0.003 %
Implied PPP Conversion Rate 0.543
Inflation, Average Consumer Prices (Indexed to Year 2000) 381.375 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 7.742 %
Inflation, End of Year (Indexed to Year 2000) 392.113 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 8.039 %
Import Volume of All Items Including Goods and Services (Percent Change) -12.434 %
Import Volumes of Goods Only (Percent Change) 11.112 %
Export Volume of All Items Including Goods and Services (Percent Change) -13.169 %
Export Volumes of Goods Only (Percent Change) -23.015 %
Population 4.296 Million
General government revenue (National Currency)LRD 0.661 Billions.
General government revenue (% of GDP) 32.496 %
General government total expenditure (National Currency)LRD 0.905 Billions.
General government total expenditure (% of GDP) 44.493 %
Total Government Net Lending/ Borrowing (National Currency)LRD -0.244 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -11.997 %
Fiscal Year Gross Domestic Product, Current PricesLRD 2.035 Billions.
Current Account Balance (US Dollars)US$ -0.801 Billion
Current Account Balance (% GDP) -39.346 %
Economic Indicators for Liberia 2015

GDP (Constant Prices, National Currency) for Liberia in year 2015 is LRD 0.897 Billion.

GDP Growth (Constant Prices, National Currency) for Liberia in year 2015 is 0.02 %.

GDP (Current Prices, National Currency) for Liberia in year 2015 is LRD 2.035 Billion.

GDP (Current Prices, US Dollars) for Liberia in year 2015 is US$ 2.035 Billion.

GDP Deflator for Liberia in year 2015 is 226.941 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Liberia in year 2015 is LRD 208.705 .

GDP Per Capita (Current Prices, National Currency) for Liberia in year 2015 is LRD 473.636 .

GDP Per Capita (Current Prices, US Dollars) for Liberia in year 2015 is US$ 473.636 .

GDP (PPP), US Dollars for Liberia in year 2015 is US$ 3.749 Billion.

GDP Per Capita (PPP), US Dollars for Liberia in year 2015 is US$ 872.754 .

GDP Share of World Total (PPP) for Liberia in year 2015 is 0.003 %.

Implied PPP Conversion Rate for Liberia in year 2015 is 0.543 .

Inflation, Average Consumer Prices (Indexed to Year 2000) for Liberia in year 2015 is 381.375 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Liberia in year 2015 is 7.742 %.

Inflation, End of Year (Indexed to Year 2000) for Liberia in year 2015 is 392.113 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Liberia in year 2015 is 8.039 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Liberia in year 2015 is -12.434 %.

Import Volumes of Goods Only (Percent Change) for Liberia in year 2015 is 11.112 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Liberia in year 2015 is -13.169 %.

Export Volumes of Goods Only (Percent Change) for Liberia in year 2015 is -23.015 %.

Population for Liberia in year 2015 is 4.296 Million .

General government revenue (National Currency) for Liberia in year 2015 is LRD 0.661 Billions.

General government revenue (% of GDP) for Liberia in year 2015 is 32.496 %.

General government total expenditure (National Currency) for Liberia in year 2015 is LRD 0.905 Billions.

General government total expenditure (% of GDP) for Liberia in year 2015 is 44.493 %.

Total Government Net Lending/ Borrowing (National Currency) for Liberia in year 2015 is LRD -0.244 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Liberia in year 2015 is -11.997 %.

Fiscal Year Gross Domestic Product, Current Prices for Liberia in year 2015 is LRD 2.035 Billions.

Current Account Balance (US Dollars) for Liberia in year 2015 is US$ -0.801 Billion.

Current Account Balance (% GDP) for Liberia in year 2015 is -39.346 %.

* Source: IMF
Aggregate Indicators for Liberia
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Liberia
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Liberia
  Natural Resources, Agricultural Products, Land Use and Water Use for Liberia
  Nationality, Ethnic Groups, Languages and Religions for Liberia
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Liberia
  Age Structure, Median Age, Gender and Urbanization for Liberia
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Liberia
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Liberia
  HIV, AIDS and Other Major Infectious Disease Rates for Liberia
  Literacy Rate, Educational Expenditure and School Life Expectancy for Liberia
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Liberia
  Industries and Industrial Growth Production Rate for Liberia
  Labor Force by Occupation for Liberia
  Poverty Line, Gini Index, Household Income and Consumption for Liberia
  National Budget and Public Debt for Liberia
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Liberia
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Liberia
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Liberia
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Liberia
  Foreign Exchange Reserves and Gold Reserves for Liberia
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Liberia
  Exchange Rate Statistics for Liberia
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Liberia
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Liberia
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Liberia
  Television and Radio Statistics (TV Stats, Radio Stats) for Liberia
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Liberia
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Liberia
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Liberia
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Liberia
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Liberia
* Source: CIA
Internet Indicators for Liberia
Indicators
  Number of Internet Users for Liberia
  Internet Penetration Rate for Liberia
  Number of Facebook Accounts for Liberia
  Facebook Penetration Rate for Liberia
* Source: IWS
Economic Freedom Indicators for Liberia
Indicators
  Economic Freedom World Rank for Liberia
  Government Spending for Liberia
  Monetary Freedom for Liberia
  Investment Freedom for Liberia
  Financial Freedom for Liberia
  Property Rights for Liberia
  Economic Freedom Regional Ranking for Liberia
  Freedom from Corruption for Liberia
  Labor Freedom for Liberia
  Tariff Rate for Liberia
  Income Tax Rate for Liberia
  Corporate Tax Rate for Liberia
  Tax Burden % of GDP for Liberia
  Government Expenditure % of GDP for Liberia
  Business Freedom for Liberia
  Trade Freedom for Liberia
  Fiscal Freedom for Liberia
  2016 Score for Liberia
* Source: HFO
Liberia Economic Indicators in other Years
  Liberia Economic Indicators for Year 2021 (Forecast)
  Liberia Economic Indicators for Year 2020 (Forecast)
  Liberia Economic Indicators for Year 2019 (Forecast)
  Liberia Economic Indicators for Year 2018 (Forecast)
  Liberia Economic Indicators for Year 2017 (Forecast)
  Liberia Economic Indicators for Year 2016 (Forecast)
Liberia Economic Indicators for Year 2015 (Current)
  Liberia Economic Indicators for Year 2014
  Liberia Economic Indicators for Year 2013
  Liberia Economic Indicators for Year 2012
  Liberia Economic Indicators for Year 2011
  Liberia Economic Indicators for Year 2010
  Liberia Economic Indicators for Year 2009
  Liberia Economic Indicators for Year 2008
  Liberia Economic Indicators for Year 2007
  Liberia Economic Indicators for Year 2006
  Liberia Economic Indicators for Year 2005
  Liberia Economic Indicators for Year 2004
  Liberia Economic Indicators for Year 2003
  Liberia Economic Indicators for Year 2002
  Liberia Economic Indicators for Year 2001
  Liberia Economic Indicators for Year 2000
  Liberia Economic Indicators for Year 1999
  Liberia Economic Indicators for Year 1998
  Liberia Economic Indicators for Year 1997
  Liberia Economic Indicators for Year 1996
  Liberia Economic Indicators for Year 1995
  Liberia Economic Indicators for Year 1994
  Liberia Economic Indicators for Year 1993
  Liberia Economic Indicators for Year 1992
  Liberia Economic Indicators for Year 1991
  Liberia Economic Indicators for Year 1990
  Liberia Economic Indicators for Year 1989
  Liberia Economic Indicators for Year 1988
  Liberia Economic Indicators for Year 1987
  Liberia Economic Indicators for Year 1986
  Liberia Economic Indicators for Year 1985
  Liberia Economic Indicators for Year 1984
  Liberia Economic Indicators for Year 1983
  Liberia Economic Indicators for Year 1982
  Liberia Economic Indicators for Year 1981
  Liberia Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International