Liberia: Economy

Economic Trivia

Liberia has the highest ratio of direct foreign investment to GDP in the world.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Data unavailable

Top Industries Source: CIA World Factbook

Rubber Processing; Palm Oil Processing; Timber; Diamonds

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $3,703,596,983 (2014)
GDP Growth Rate (annual %) 0.701% (2014)
GDP Per Capita, PPP (current international) $842 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 164/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 9.826% (2014)
External debt stocks, total (DOD, current US$) $541,530,000 (2013)
Total tax rate (% of commercial profits) 47.8% (2015)
Real Interest Rate (5 year average %) 9.994% (2013)
Manufacturing, value added (% of GDP) 3.322% (2012)
Current Account Balance (BoP, current US$) ($1,212,074,520) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 1,554,233 (2014)
Employment in Agriculture (% of total employment) 46.5% (2010)
Employment in Industry (% of total employment) 10.4% (2010)
Employment in Services (% of total employment) 41.2% (2010)
Unemployment Rate 3.8% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $1,911,000,000 (2014)
Exports of goods and services (current US$) $503,000,000 (2014)
Total Merchandise Trade (% of GDP) 80.912% (2014)
FDI, net inflows (BoP, current US$) $362,967,566 (2014)
Commercial Service Exports (current US$) $215,844,243 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Liberia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary