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) [1]

GDP, PPP (current international) $3,910,691,676 (2017)
GDP Growth Rate (annual %) 2.455% (2017)
GDP Per Capita, PPP (current international) $826 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 165/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 8.834% (2016)
External debt stocks, total (DOD, current US$) $951,620,000 (2016)
Total tax rate (% of commercial profits) 45.5% (2017)
Real Interest Rate (5 year average %) 8.208% (2016)
Manufacturing, value added (% of GDP) 3.046% (2016)
Current Account Balance (BoP, current US$) ($859,626,471) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 1,532,902 (2017)
Employment in Agriculture (% of total employment) 42.954% (2017)
Employment in Industry (% of total employment) 11.948% (2017)
Employment in Services (% of total employment) 45.098% (2017)
Unemployment Rate 2.389% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $2,106,800,000 (2016)
Exports of goods and services (current US$) $450,000,000 (2016)
Total Merchandise Trade (% of GDP) 70.471% (2016)
FDI, net inflows (BoP, current US$) $453,180,000 (2016)
Commercial Service Exports (current US$) $60,877,940 (2015)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank