Liberia
LBRSub-Saharan Africa Low incomeCapital: Monrovia▶About Liberia
Liberia's GDP is $5.59B (2026), with a population of 5.6M, and GDP per capita of $956. Key indicators include real GDP growth of 5.4%, inflation at 7.7%, government debt at 54.2% of GDP, life expectancy of 62.2 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
Located in Sub-Saharan Africa, the economy is classified as low income. The capital, Monrovia, serves as the financial hub. The GDP is projected to reach $5.594 billion in 2026, with a growth rate of 5.4%. The GDP per capita is expected to be $955.666 in 2026. Inflation is anticipated to be 7.7% in 2026, while the unemployment rate was 2.884% in 2025. The economy relies heavily on agriculture and natural resources, with significant contributions from iron ore, rubber, and timber exports. The population is estimated to be 5,612,817 in 2024. Life expectancy stands at 62.163 years as of 2023. The society faces challenges in healthcare and education, which are critical areas for development. Efforts are ongoing to improve infrastructure and social services to enhance the overall quality of life.
▶Economy22 indicators · 2021–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| GDP (Current USD, Billions) | $6 | 2027 | ▲ 6.7% | IMF |
| Real GDP Growth (%) | 5.6% | 2027 | ▲ 3.7% | IMF |
| GDP per Capita (USD) | $997 | 2027 | ▲ 4.4% | IMF |
| GDP, PPP (Billions Intl $) | $13 | 2027 | ▲ 7.4% | IMF |
| GDP per Capita, PPP (Intl $) | $2,164 | 2027 | ▲ 5.0% | IMF |
| Share of World GDP, PPP (%) | 0.01% | 2027 | ▲ 0.0% | IMF |
| GNI (Current USD) | $4.48B | 2024 | ▲ 8.8% | WB |
| GNI per Capita (USD) | $760 | 2024 | ▲ 5.6% | WB |
| GNI per Capita, PPP (USD) | $1,750 | 2024 | ▲ 4.2% | WB |
| Industry Value Added (% of GDP) | 22.7% | 2024 | ▼ 3.0% | WB |
| Services Value Added (% of GDP) | 41.9% | 2024 | ▲ 3.5% | WB |
| Agriculture Value Added (% of GDP) | 33.8% | 2024 | ▼ 2.1% | WB |
| GDP Deflator (%) | 4.7% | 2024 | ▼ 3.2% | WB |
| GDP per Person Employed (USD) | $3,660 | 2024 | ▲ 1.1% | WB |
| Adjusted Net National Income per Capita (USD) | $339 | 2021 | ▲ 3.4% | WB |
| Coal Rents (% of GDP) | 0.00% | 2021 | — | WB |
| Mineral Rents (% of GDP) | 5.44% | 2021 | — | WB |
| Oil Rents (% of GDP) | 0.00% | 2021 | — | WB |
| Natural Gas Rents (% of GDP) | 0.00% | 2021 | — | WB |
| Total Natural Resources Rents (% of GDP) | 21.9% | 2021 | ▲ 25.5% | WB |
| Forest Rents (% of GDP) | 16.48% | 2021 | ▼ 5.6% | WB |
| Industry Value Added (Current USD) | $1.08B | 2024 | ▲ 5.6% | WB |
▶Fiscal & Monetary10 indicators · 2020–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 6.6% | 2027 | ▼ 14.3% | IMF |
| Govt Gross Debt (% of GDP) | 53.2% | 2027 | ▼ 1.8% | IMF |
| Fiscal Balance (% of GDP) | -2.1% | 2027 | ▲ 12.5% | IMF |
| Current Account Balance (% of GDP) | -11.3% | 2027 | ▲ 4.2% | IMF |
| Inflation, CPI (%, World Bank) | 8.2% | 2024 | ▼ 18.6% | WB |
| Total Reserves incl. Gold (USD) | $599.7M | 2022 | ▼ 14.4% | WB |
| Total Reserves (months of imports) | 3.4 | 2022 | ▼ 23.7% | WB |
| Official Exchange Rate (per USD) | 174.96 | 2023 | ▲ 14.4% | WB |
| PPP Conversion Factor | 0.46 | 2024 | ▲ 2.2% | WB |
| Broad Money (% of GDP) | 20.9% | 2020 | ▲ 7.0% | WB |
▶Trade10 indicators · 2022–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Merchandise Exports (USD) | $1.30B | 2024 | ▲ 16.1% | WB |
| Merchandise Imports (USD) | $1.67B | 2024 | ▼ 19.7% | WB |
| FDI Inflows (% of GDP) | 9.9% | 2024 | ▲ 38.7% | WB |
| FDI Outflows (% of GDP) | 1.6% | 2024 | ▼ 22.5% | WB |
| FDI Net Inflows (USD) | $471.5M | 2024 | ▲ 51.0% | WB |
| Personal Remittances Received (USD) | $1.02B | 2024 | ▲ 7.0% | WB |
| Personal Remittances Received (% of GDP) | 21.3% | 2024 | ▼ 1.7% | WB |
| High-Tech Exports (% of manufactured) | 0.6% | 2023 | ▼ 93.7% | WB |
| Current Account Balance (% of GDP) | 1.6% | 2022 | ▲ 155.9% | WB |
| Current Account Balance (USD) | $64.8M | 2022 | ▲ 163.7% | WB |
▶External Debt7 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| External Debt (% of GNI) | 50.5% | 2024 | ▼ 1.3% | WB |
| External Debt Stocks (USD) | $2.23B | 2024 | ▲ 6.1% | WB |
| Total Debt Service (% of GNI) | 3.1% | 2024 | ▲ 2.7% | WB |
| Present Value of External Debt (USD) | $953.4M | 2024 | — | WB |
| Use of IMF Credit (USD) | $680.4M | 2024 | ▼ 6.4% | WB |
| Net ODA Received (% of GNI) | 13.7% | 2023 | ▲ 5.6% | WB |
| Net ODA Received (USD) | $562.6M | 2023 | ▲ 15.9% | WB |
▶Finance5 indicators · 2022–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 14.8% | 2022 | ▲ 14.6% | WB |
| Account Ownership at Financial Institution (%) | 52.2% | 2024 | ▲ 1.1% | WB |
| Account Ownership, Female (%) | 46.3% | 2024 | ▲ 4.7% | WB |
| Account Ownership, Male (%) | 58.1% | 2024 | ▼ 2.0% | WB |
| Firms Using Banks to Finance Investment (%) | 4.6% | 2025 | — | WB |
▶Business Environment1 indicator · 2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Time to Get Electricity (days) | 25 | 2025 | — | WB |
▶Private Sector6 indicators · 2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Firms Expected to Pay Bribes (%) | 16.0% | 2025 | — | WB |
| Firms with Female Top Manager (%) | 23.1% | 2025 | — | WB |
| Firms with Female Participation in Ownership (%) | 21.5% | 2025 | — | WB |
| Firms Offering Training (%) | 42.2% | 2025 | — | WB |
| Average Firm Age (years) | 22 years | 2025 | — | WB |
| Firms Using Computers (%) | 56.4% | 2025 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 5.6M | 2024 | ▲ 2.2% | WB |
| Population Growth (%) | 2.2% | 2024 | ▼ 2.1% | WB |
| Population Density (per km²) | 57 | 2023 | ▲ 2.2% | WB |
| Surface Area (sq km) | 111,370 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 96,320 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 55.5% | 2024 | ▲ 1.0% | WB |
| Urban Population (total) | 3.1M | 2024 | ▲ 3.2% | WB |
| Rural Population (%) | 44.5% | 2024 | ▼ 1.2% | WB |
| Life Expectancy at Birth | 62.2 years | 2023 | ▲ 0.4% | WB |
| Life Expectancy, Male | 60.9 years | 2023 | ▲ 0.4% | WB |
| Life Expectancy, Female | 63.4 years | 2023 | ▲ 0.4% | WB |
| Fertility Rate (births per woman) | 4 | 2023 | ▼ 1.6% | WB |
| Birth Rate (per 1,000) | 31 | 2023 | ▼ 0.7% | WB |
| Death Rate (per 1,000) | 8.1 | 2023 | ▼ 1.1% | WB |
| Net Migration | -9,870 | 2025 | ▼ 26.9% | WB |
| Population Ages 0–14 (%) | 39.5% | 2024 | ▼ 1.2% | WB |
| Population Ages 15–64 (%) | 57.2% | 2024 | ▲ 0.8% | WB |
| Population Ages 65+ (%) | 3.3% | 2024 | ▲ 0.8% | WB |
| Age Dependency Ratio (%) | 74.9% | 2024 | ▼ 1.8% | WB |
| Old-Age Dependency Ratio (%) | 5.8% | 2024 | ▲ 0.1% | WB |
| Youth Dependency Ratio (%) | 69.1% | 2024 | ▼ 1.9% | WB |
| Mortality Rate, Adult Male (per 1,000) | 288.3 | 2023 | ▼ 0.4% | WB |
| Mortality Rate, Adult Female (per 1,000) | 244.8 | 2023 | ▼ 1.0% | WB |
▶Labor18 indicators · 2017–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 2.7M | 2025 | ▲ 2.8% | WB |
| Labor Force Participation (%) | 76.6% | 2025 | ▼ 0.0% | WB |
| Female Labor Force Participation (%) | 72.0% | 2025 | ▲ 0.0% | WB |
| Male Labor Force Participation (%) | 81.2% | 2025 | ▼ 0.1% | WB |
| Unemployment (%) | 2.9% | 2025 | ▼ 1.0% | WB |
| Female Unemployment (%) | 2.2% | 2025 | ▼ 1.2% | WB |
| Male Unemployment (%) | 3.5% | 2025 | ▼ 0.9% | WB |
| Youth Unemployment (%) | 2.3% | 2025 | ▲ 3.6% | WB |
| Employment in Agriculture (%) | 41.1% | 2025 | ▼ 1.8% | WB |
| Employment in Industry (%) | 8.3% | 2025 | ▲ 0.8% | WB |
| Employment in Services (%) | 50.5% | 2025 | ▲ 1.4% | WB |
| Vulnerable Employment (%) | 76.9% | 2025 | ▼ 0.4% | WB |
| Wage & Salaried Workers (% of total) | 21.7% | 2025 | ▲ 1.3% | WB |
| Employers (% of total employment) | 1.5% | 2025 | ▲ 0.1% | WB |
| Labor Force, Female (% of total) | 47.5% | 2025 | ▼ 0.0% | WB |
| Employment to Population Ratio (%) | 74.4% | 2025 | ▼ 0.0% | WB |
| Self-Employed (% of total) | 78.3% | 2025 | ▼ 0.4% | WB |
| NEET Youth (% not in education/employment) | 39.9% | 2017 | — | WB |
▶Education16 indicators · 2012–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 2.3% | 2023 | ▼ 0.4% | WB |
| Education Spending (% of govt expenditure) | 7.4% | 2021 | — | WB |
| Primary School Enrollment (%) | 66.6% | 2022 | ▼ 1.3% | WB |
| Secondary School Enrollment (%) | 37.7% | 2020 | — | WB |
| Primary Completion Rate (%) | 57.8% | 2022 | ▼ 1.1% | WB |
| Lower Secondary Completion Rate (%) | 44.5% | 2022 | ▲ 1.6% | WB |
| Out-of-School Children, Primary | 327,280 | 2022 | ▲ 9.0% | WB |
| Out-of-School Girls, Primary | 157,569 | 2022 | ▲ 6.1% | WB |
| Primary School Teachers | 37,210 | 2022 | ▲ 18.3% | WB |
| Secondary School Teachers | 17,857 | 2020 | — | WB |
| Pupil-Teacher Ratio, Primary | 22 | 2017 | — | WB |
| Pupil-Teacher Ratio, Secondary | 18 | 2015 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 42.4% | 2018 | — | WB |
| Pupil-Teacher Ratio (Primary) | 46.5 | 2016 | — | WB |
| Education Spending, Secondary (% of govt) | 53.4% | 2018 | — | WB |
| Education Spending, Tertiary (% of govt) | 31.6% | 2012 | — | WB |
▶Health41 indicators · 2019–2024 · WHO
▶Energy & Environment14 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 0.2 | 2024 | ▲ 1.1% | WB |
| CO₂ Emissions (total kilotonnes) | 1 | 2024 | ▲ 3.3% | WB |
| Renewable Electricity Output (%) | 57.4% | 2021 | ▲ 0.0% | WB |
| Renewable Energy Consumption (%) | 92.8% | 2022 | ▼ 0.4% | WB |
| Access to Electricity (%) | 32.5% | 2023 | ▲ 2.2% | WB |
| Access to Clean Fuels for Cooking (%) | 0.8% | 2023 | ▲ 0.0% | WB |
| PM2.5 Air Pollution (µg/m³) | 42.4 | 2020 | — | WB |
| Forest Area (%) | 78.1% | 2023 | ▼ 0.4% | WB |
| Forest Area (sq km) | 75,267 | 2023 | ▼ 0.4% | WB |
| Arable Land (%) | 5.2% | 2023 | ▲ 0.0% | WB |
| Terrestrial Protected Areas (%) | 1.2% | 2024 | ▲ 0.0% | WB |
| Marine Protected Areas (%) | 0.1% | 2024 | ▲ 0.0% | WB |
| Access to Basic Drinking Water (%) | 78.8% | 2024 | ▲ 0.8% | WHO |
| Access to Basic Sanitation (%) | 23.3% | 2024 | ▲ 2.5% | WHO |
▶Agriculture11 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 20.0% | 2023 | ▲ 0.0% | WB |
| Cereal Yield (kg per hectare) | 1,068 | 2023 | ▼ 4.7% | WB |
| Food Production Index (2014–2016=100) | 102.7 | 2022 | ▲ 2.5% | WB |
| Crop Production Index (2014–2016=100) | 115.6 | 2022 | ▲ 3.4% | WB |
| Livestock Production Index (2014–2016=100) | 104 | 2022 | ▲ 0.8% | WB |
| Land Under Cereal Production (hectares) | 240,000 | 2023 | ▼ 6.6% | WB |
| Total Fisheries Production (metric tonnes) | 28,172 | 2023 | ▼ 4.0% | WB |
| Fertilizer Consumption (kg per hectare) | 11.7 | 2023 | ▲ 0.0% | WB |
| Prevalence of Undernourishment (%) | 35.5% | 2023 | ▼ 4.1% | WB |
| Annual Freshwater Withdrawals (% of internal) | 0.1% | 2022 | ▲ 0.0% | WB |
| Cereal Production (metric tons) | 256,200 | 2023 | ▼ 11.0% | WB |
▶Technology6 indicators · 2022–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 23.5% | 2023 | ▲ 7.3% | WB |
| Mobile Subscriptions (per 100 people) | 32 | 2022 | ▲ 2.0% | WB |
| Fixed Broadband Subscriptions (per 100) | 0.3 | 2022 | ▲ 11.1% | WB |
| Secure Internet Servers (per million) | 13 | 2024 | ▲ 40.1% | WB |
| Scientific Journal Articles | 26 | 2022 | ▼ 1.0% | WB |
| High-Technology Exports (USD) | $97,955 | 2023 | ▼ 88.6% | WB |
▶Infrastructure4 indicators · 2019–2022 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Container Port Traffic (TEU) | 91,454 | 2019 | — | WB |
| Logistics Performance Index (1–5) | 2.40 | 2022 | — | WB |
| Electricity from Oil (%) | 42.6% | 2021 | ▲ 0.0% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender8 indicators · 2017–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 11.0% | 2024 | ▲ 0.0% | WB |
| Female Wage & Salaried Workers (%) | 9.3% | 2025 | ▲ 1.8% | WB |
| Girls Out-of-School Rate (%) | 99.3% | 2017 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 126 | 2023 | ▼ 1.0% | WB |
| Women Who Believe Husband Can Beat Wife (%) | 37.0% | 2020 | — | WB |
| Gender Parity Index, Primary | 99.50 | 2017 | — | WB |
| Gender Parity Index, Secondary | 0.98 | 2020 | — | WB |
| Gender Parity in Primary Education | 1.00 | 2020 | — | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | -0.89 | 2023 | ▲ 4.0% | WB |
| Government Effectiveness | -1.36 | 2023 | ▲ 5.3% | WB |
| Political Stability | -0.12 | 2023 | ▲ 56.5% | WB |
| Regulatory Quality | -0.92 | 2023 | ▲ 5.8% | WB |
| Rule of Law | -1.03 | 2023 | ▼ 12.6% | WB |
| Voice & Accountability | 0.05 | 2023 | ▲ 2602.7% | WB |
| Control of Corruption (percentile rank) | 20.8% | 2023 | ▲ 2.3% | WB |
| Government Effectiveness (percentile rank) | 9.0% | 2023 | ▲ 11.8% | WB |
| Rule of Law (percentile rank) | 17.0% | 2023 | ▼ 12.2% | WB |
| Political Stability (percentile rank) | 42.7% | 2023 | ▲ 17.4% | WB |
▶Military5 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 0.7% | 2024 | ▼ 50.1% | WB |
| Military Expenditure (USD) | $33.8M | 2024 | ▼ 45.9% | WB |
| Armed Forces Personnel | 2,000 | 2020 | ▲ 0.0% | WB |
| Armed Forces (% of labor force) | 0.1% | 2020 | — | WB |
| Military Spending (% of govt expenditure) | 3.2% | 2024 | ▼ 39.0% | WB |
▶Social Protection4 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.32 | 2020 | — | WB |
| Human Capital Index, Female | 0.32 | 2020 | — | WB |
| Human Capital Index, Male | 0.31 | 2020 | — | WB |
| Learning-Adjusted Years of School | 2.2 years | 2020 | — | WB |
▶Urban Development6 indicators · 2022–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 3.1% | 2024 | ▼ 1.6% | WB |
| Population in Largest City | 1.8M | 2025 | ▲ 3.4% | WB |
| Population in Largest City (% of urban) | 55.8% | 2025 | ▲ 0.3% | WB |
| Population in Agglomerations >1M (% of total) | 31.3% | 2025 | ▲ 1.3% | WB |
| Population in Slums (% of urban) | 60.5% | 2022 | ▼ 5.3% | WB |
| Rural Population Growth (%) | 0.9% | 2024 | ▼ 6.5% | WB |