Annual GDP growth (%) in Liberia
Liberia: Annual GDP growth (%) was 4.0% in 2024. ◆ Volatile
Annual GDP growth in Liberia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Liberia stood at 4.0%.
That represents a change of down 14.1% on the previous year and up 473.4% over ten years.
Over the whole period, annual gdp growth in Liberia peaked at 28.6% in 2000 and was at its lowest, -30.1%, in 2003.
That places Liberia 80th out of 230 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Liberia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 28.6% | — |
| 2001 | 2.9% | -89.8% |
| 2002 | 3.8% | +28.9% |
| 2003 | -30.1% | -901.1% |
| 2004 | 2.6% | -108.7% |
| 2005 | 5.3% | +101.6% |
| 2006 | 8.0% | +52.3% |
| 2007 | 9.5% | +18.5% |
| 2008 | 7.1% | -25.1% |
| 2009 | 5.3% | -25.8% |
| 2010 | 6.1% | +15.1% |
| 2011 | 8.2% | +34.4% |
| 2012 | 8.0% | -2.5% |
| 2013 | 8.7% | +8.7% |
| 2014 | 0.7% | -91.9% |
| 2015 | -0.0% | -102.6% |
| 2016 | -1.6% | +8275.8% |
| 2017 | 2.5% | -257.9% |
| 2018 | 1.2% | -52.9% |
| 2019 | -2.5% | -313.1% |
| 2020 | -3.0% | +20.9% |
| 2021 | 5.0% | -267.2% |
| 2022 | 4.8% | -3.6% |
| 2023 | 4.7% | -2.6% |
| 2024 | 4.0% | -14.1% |
Liberia compared with similar countries
- Liberia's 4.0% is below the median for low income countries, which is 4.1%, 97% of the median. (23 countries reporting)
- Liberia's 4.0% is below the median for Sub-Saharan Africa, which is 4.1%, 98% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Liberia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -8275.8% | -0.0% | -1.6% |
| 2003 | -901.1% | 3.8% | -30.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.3% | -30.1% | 28.6% | 10 |
| 2010s | 3.1% | -2.5% | 8.7% | 10 |
| 2020s | 3.1% | -3.0% | 5.0% | 5 |
Countries ranked near Liberia
More economy & growth data for Liberia
- Real gdp growth, annual growth rate 28.05 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.97 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.15 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -5.6 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0527 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 48.22 units per person (2025)
- SDRs holdings, SDR, annual growth rate -10.11 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0385 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 35.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Liberia?
- Annual gdp growth in Liberia was 4.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Liberia?
- The highest recorded value was 28.6% in 2000.
- What is the lowest annual gdp growth recorded in Liberia?
- The lowest recorded value was -30.1% in 2003.
- How does Liberia rank for annual gdp growth?
- Liberia ranks 80th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Liberia?
- Over the last ten years it is up 473.4%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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