Annual GDP growth in Liberia
Liberia: Annual GDP growth was 4.0% in 2024. ◆ Volatile
Latest (2024)
4.0%
Change on year
down 14.1%
World rank
66th
of 196 countries
All-time high
28.6%
in 2000
All-time low
-30.1%
in 2003
Years of data
25
2000–2024
Annual GDP growth in Liberia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
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 66th out of 196 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 | Value | 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% |
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
- 63 Saint Vincent and the Grenadines 4.1% compare
- 64 Brunei Darussalam 4.1% compare
- 65 Albania 4.0% compare
- 67 Belarus 4.0% compare
- 68 United Arab Emirates 4.0% compare
- 69 Grenada 4.0% compare
More economy & growth data for Liberia
- 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)
- GDP (constant 2015 US$), annual growth rate 5.02 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7473 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 684.04 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 5.02 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.7994 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 731.74 constant LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 12.53 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9067 current US$ per US$ of GDP (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 66th out of 196 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).