Debt service as a share of exports of good and services in Liberia
Liberia: Debt service as a share of exports of good and services was 7.8% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in Liberia, 2004–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, debt service as a share of exports of good and services in Liberia stood at 7.8%.
That represents a change of up 54.8% on the previous year and up 726.6% over ten years.
Over the whole period, debt service as a share of exports of good and services in Liberia peaked at 119.7% in 2008 and was at its lowest, 0.4%, in 2006.
That places Liberia 57th out of 116 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a share of exports of good and services in Liberia, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 0.4% | — |
| 2005 | 0.5% | +20.9% |
| 2006 | 0.4% | -21.2% |
| 2007 | 114.4% | +27800.0% |
| 2008 | 119.7% | +4.6% |
| 2009 | 5.8% | -95.1% |
| 2010 | 1.7% | -70.6% |
| 2011 | 0.8% | -56.1% |
| 2012 | 1.2% | +56.0% |
| 2013 | 0.9% | -19.7% |
| 2014 | 2.4% | +155.3% |
| 2015 | 7.9% | +230.8% |
| 2016 | 1.2% | -84.6% |
| 2017 | 2.1% | +72.1% |
| 2018 | 2.8% | +31.0% |
| 2019 | 4.9% | +79.3% |
| 2020 | 8.5% | +73.2% |
| 2021 | 4.9% | -42.5% |
| 2022 | 5.0% | +2.2% |
| 2023 | 7.8% | +54.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.2% | 0.4% | 119.7% | 6 |
| 2010s | 2.6% | 0.8% | 7.9% | 10 |
| 2020s | 6.6% | 4.9% | 8.5% | 4 |
Countries ranked near Liberia
- 55 Congo 8.0% compare
- 56 Chad 7.9% compare
- 57 Costa Rica 7.8% compare
- 59 Brazil 7.7% compare
- 60 Bosnia and Herzegovina 7.6% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 74.91 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0157 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.35 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 471.54 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0987 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.01 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -7.86 % change on previous year (2025)
Frequently asked questions
- What is debt service as a share of exports of good and services in Liberia?
- Debt service as a share of exports of good and services in Liberia was 7.8% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Liberia?
- The highest recorded value was 119.7% in 2008.
- What is the lowest debt service as a share of exports of good and services recorded in Liberia?
- The lowest recorded value was 0.4% in 2006.
- How does Liberia rank for debt service as a share of exports of good and services?
- Liberia ranks 57th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Liberia?
- Over the last ten years it is up 726.6%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).