Liberia

Liberia Economic Forecast

This chart displays Economic Growth (GDP, annual variation in %) for Liberia from 2012 to 2021.

Liberia Economic Data

2018 2019 2020 2021 2022
Population (million) 4.8 4.9 5.1 5.2 5.3
GDP (USD bn) 3.3 3.1 3.0 3.5 -
GDP per Capita (USD) 677 624 600 677 -
GDP (LCU bn) 513 577 497 508 -
Economic Growth (Nominal GDP, ann. var. %) 23.0 12.5 -14.0 2.3 -
Economic Growth (GDP, ann. var. %) 1.2 -2.5 -3.0 5.0 -
Fiscal Balance (% of GDP) -3.9 -3.9 -2.7 -1.6 -
Public Debt (% of GDP) 37.1 48.5 58.7 53.3 53.9
Inflation (CPI, ann. var. %, eop) 298.9 379.6 442.7 472.3 524.8
Inflation (CPI, ann. var. %, aop) 256.2 352.2 428.9 470.2 513.5
Exchange Rate (LRD per USD, eop) 157 187 163 145 155
Exchange Rate (LCU per USD, aop) 145 188 190 164 153
Current Account Balance (USD bn) -0.7 -0.7 - - -
Current Account Balance (% of GDP) -20.7 -21.2 - - -
Merchandise Trade Balance (USD bn) -0.5 -0.4 -0.4 -0.5 -0.5
Merchandise Exports (USD bn) 0.5 0.5 0.6 0.9 1.0
Merchandise Imports (USD bn) 1.0 0.9 1.0 1.3 1.5
Merchandise Exports (ann. var. %) 40.5 5.0 11.9 45.1 16.7
Merchandise Imports (ann. var. %) 4.3 -10.3 6.9 34.0 14.2
Foreign Direct Investment (USD bn) 0.1 0.1 0.1 0.0 0.1
International Reserves (USD bn) 0.3 0.3 0.3 0.7 0.6
International Reserves (months of imports) 3.8 3.8 4.1 6.3 4.7
External Debt (USD bn) 1.2 1.3 1.5 1.8 -
External Debt (% of GDP) 35.5 41.1 48.0 52.6 -

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