Current account balance in Liberia
Liberia: Current account balance was 2.5% in 2024. ◆ Volatile
Current account balance in Liberia, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, current account balance in Liberia stood at 2.5%.
That represents a change of up 121.8% on the previous year and up 112.6% over ten years.
Over the whole period, current account balance in Liberia peaked at 5.3% in 2015 and was at its lowest, -60.0%, in 2012.
Liberia ranks 59th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Liberia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1979 | 0.0% | — |
| 1980 | 0.1% | +170.5% |
| 1981 | 0.2% | +65.5% |
| 1982 | 0.0% | -95.5% |
| 1983 | -0.3% | -3216.9% |
| 1984 | -0.0% | -99.2% |
| 1985 | 0.1% | -6669.4% |
| 1986 | -0.0% | -131.7% |
| 1987 | -0.3% | +608.7% |
| 2004 | -17.8% | +5444.0% |
| 2005 | -19.3% | +8.6% |
| 2006 | -15.4% | -20.2% |
| 2007 | -16.3% | +5.2% |
| 2008 | -20.5% | +26.3% |
| 2009 | -15.7% | -23.6% |
| 2010 | -42.7% | +172.4% |
| 2011 | -52.5% | +22.9% |
| 2012 | -60.0% | +14.3% |
| 2013 | -32.8% | -45.3% |
| 2014 | -19.9% | -39.3% |
| 2015 | 5.3% | -126.6% |
| 2016 | -8.1% | -253.2% |
| 2017 | -16.7% | +105.4% |
| 2018 | -19.7% | +18.1% |
| 2019 | -19.7% | -0.1% |
| 2020 | -10.3% | -47.6% |
| 2021 | -2.8% | -72.5% |
| 2022 | -8.7% | +207.5% |
| 2023 | -11.5% | +32.1% |
| 2024 | 2.5% | -121.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 1 |
| 1980s | -0.0% | -0.3% | 0.2% | 8 |
| 2000s | -17.5% | -20.5% | -15.4% | 6 |
| 2010s | -26.7% | -60.0% | 5.3% | 10 |
| 2020s | -6.2% | -11.5% | 2.5% | 5 |
Countries ranked near Liberia
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)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.94 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.3265 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 298.89 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.58 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.2899 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 265.33 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.58 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.292 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is current account balance in Liberia?
- Current account balance in Liberia was 2.5% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Liberia?
- The highest recorded value was 5.3% in 2015.
- What is the lowest current account balance recorded in Liberia?
- The lowest recorded value was -60.0% in 2012.
- How does Liberia rank for current account balance?
- Liberia ranks 59th out of 200 countries with data for 2024.
- Is current account balance rising or falling in Liberia?
- Over the last ten years it is up 112.6%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.