Gross domestic product (GDP) in Liberia
Liberia: Gross domestic product (GDP) was 4.23 billion international-$ in 2011 prices in 2022. ▼ Falling
Latest (2022)
4.23 billion international-$ in 2011 prices
Change on year
up 4.8%
World rank
157th
of 166 countries
All-time high
8.20 billion international-$ in 2011 prices
in 1979
All-time low
783.48 million international-$ in 2011 prices
in 1995
Years of data
73
1950–2022
Gross domestic product (GDP) in Liberia, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Liberia is 4.23 billion international-$ in 2011 prices, measured in 2022.
That represents a change of up 4.8% on the previous year and up 19.8% over ten years.
Over the whole period, gross domestic product (gdp) in Liberia peaked at 8.20 billion international-$ in 2011 prices in 1979 and was at its lowest, 783.48 million international-$ in 2011 prices, in 1995.
Liberia ranks 157th of 166 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 73 years of available data.
Gross domestic product (GDP) in Liberia, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1950 | 2.60 billion international-$ in 2011 prices | — |
| 1951 | 2.75 billion international-$ in 2011 prices | +5.7% |
| 1952 | 2.83 billion international-$ in 2011 prices | +3.0% |
| 1953 | 2.94 billion international-$ in 2011 prices | +3.9% |
| 1954 | 3.10 billion international-$ in 2011 prices | +5.6% |
| 1955 | 3.21 billion international-$ in 2011 prices | +3.2% |
| 1956 | 3.33 billion international-$ in 2011 prices | +3.8% |
| 1957 | 3.45 billion international-$ in 2011 prices | +3.8% |
| 1958 | 3.55 billion international-$ in 2011 prices | +2.8% |
| 1959 | 3.76 billion international-$ in 2011 prices | +5.9% |
| 1960 | 3.88 billion international-$ in 2011 prices | +3.2% |
| 1961 | 3.97 billion international-$ in 2011 prices | +2.3% |
| 1962 | 4.02 billion international-$ in 2011 prices | +1.3% |
| 1963 | 4.12 billion international-$ in 2011 prices | +2.4% |
| 1964 | 4.33 billion international-$ in 2011 prices | +5.1% |
| 1965 | 4.40 billion international-$ in 2011 prices | +1.7% |
| 1966 | 5.23 billion international-$ in 2011 prices | +19.0% |
| 1967 | 5.20 billion international-$ in 2011 prices | -0.6% |
| 1968 | 5.45 billion international-$ in 2011 prices | +4.8% |
| 1969 | 5.85 billion international-$ in 2011 prices | +7.3% |
| 1970 | 6.23 billion international-$ in 2011 prices | +6.5% |
| 1971 | 6.54 billion international-$ in 2011 prices | +5.1% |
| 1972 | 6.78 billion international-$ in 2011 prices | +3.6% |
| 1973 | 7.04 billion international-$ in 2011 prices | +3.8% |
| 1974 | 7.28 billion international-$ in 2011 prices | +3.4% |
| 1975 | 7.00 billion international-$ in 2011 prices | -3.8% |
| 1976 | 7.33 billion international-$ in 2011 prices | +4.8% |
| 1977 | 7.40 billion international-$ in 2011 prices | +0.9% |
| 1978 | 7.83 billion international-$ in 2011 prices | +5.8% |
| 1979 | 8.20 billion international-$ in 2011 prices | +4.8% |
| 1980 | 7.69 billion international-$ in 2011 prices | -6.3% |
| 1981 | 7.39 billion international-$ in 2011 prices | -3.9% |
| 1982 | 7.52 billion international-$ in 2011 prices | +1.8% |
| 1983 | 7.26 billion international-$ in 2011 prices | -3.4% |
| 1984 | 7.22 billion international-$ in 2011 prices | -0.6% |
| 1985 | 7.07 billion international-$ in 2011 prices | -2.0% |
| 1986 | 6.99 billion international-$ in 2011 prices | -1.2% |
| 1987 | 7.11 billion international-$ in 2011 prices | +1.8% |
| 1988 | 7.31 billion international-$ in 2011 prices | +2.8% |
| 1989 | 7.52 billion international-$ in 2011 prices | +2.8% |
| 1990 | 3.68 billion international-$ in 2011 prices | -51.0% |
| 1991 | 2.99 billion international-$ in 2011 prices | -18.7% |
| 1992 | 1.84 billion international-$ in 2011 prices | -38.5% |
| 1993 | 1.17 billion international-$ in 2011 prices | -36.5% |
| 1994 | 865.09 million international-$ in 2011 prices | -25.9% |
| 1995 | 783.48 million international-$ in 2011 prices | -9.4% |
| 1996 | 833.01 million international-$ in 2011 prices | +6.3% |
| 1997 | 1.63 billion international-$ in 2011 prices | +95.2% |
| 1998 | 2.00 billion international-$ in 2011 prices | +22.8% |
| 1999 | 2.33 billion international-$ in 2011 prices | +16.5% |
| 2000 | 2.77 billion international-$ in 2011 prices | +19.0% |
| 2001 | 3.20 billion international-$ in 2011 prices | +15.7% |
| 2002 | 4.00 billion international-$ in 2011 prices | +24.9% |
| 2003 | 2.54 billion international-$ in 2011 prices | -36.4% |
| 2004 | 2.29 billion international-$ in 2011 prices | -10.0% |
| 2005 | 2.37 billion international-$ in 2011 prices | +3.7% |
| 2006 | 2.55 billion international-$ in 2011 prices | +7.5% |
| 2007 | 2.66 billion international-$ in 2011 prices | +4.6% |
| 2008 | 2.92 billion international-$ in 2011 prices | +9.7% |
| 2009 | 3.11 billion international-$ in 2011 prices | +6.4% |
| 2010 | 3.26 billion international-$ in 2011 prices | +4.9% |
| 2011 | 3.27 billion international-$ in 2011 prices | +0.2% |
| 2012 | 3.53 billion international-$ in 2011 prices | +8.1% |
| 2013 | 3.82 billion international-$ in 2011 prices | +8.1% |
| 2014 | 3.84 billion international-$ in 2011 prices | +0.6% |
| 2015 | 3.86 billion international-$ in 2011 prices | +0.4% |
| 2016 | 3.86 billion international-$ in 2011 prices | +0.1% |
| 2017 | 3.98 billion international-$ in 2011 prices | +3.0% |
| 2018 | 4.05 billion international-$ in 2011 prices | +1.9% |
| 2019 | 3.96 billion international-$ in 2011 prices | -2.3% |
| 2020 | 3.85 billion international-$ in 2011 prices | -2.9% |
| 2021 | 4.04 billion international-$ in 2011 prices | +5.0% |
| 2022 | 4.23 billion international-$ in 2011 prices | +4.8% |
Liberia compared with similar countries
- Liberia's 4.23 billion international-$ in 2011 prices is below the median for low income countries, which is 30.55 billion international-$ in 2011 prices, 14% of the median. (21 countries reporting)
- Liberia's 4.23 billion international-$ in 2011 prices is below the median for Sub-Saharan Africa, which is 26.73 billion international-$ in 2011 prices, 16% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) 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 |
|---|---|---|---|
| 1997 | +95.2% | 833.01 million international-$ in 2011 prices | 1.63 billion international-$ in 2011 prices |
| 1990 | -51.0% | 7.52 billion international-$ in 2011 prices | 3.68 billion international-$ in 2011 prices |
| 1992 | -38.5% | 2.99 billion international-$ in 2011 prices | 1.84 billion international-$ in 2011 prices |
| 1993 | -36.5% | 1.84 billion international-$ in 2011 prices | 1.17 billion international-$ in 2011 prices |
| 2003 | -36.4% | 4.00 billion international-$ in 2011 prices | 2.54 billion international-$ in 2011 prices |
| 1994 | -25.9% | 1.17 billion international-$ in 2011 prices | 865.09 million international-$ in 2011 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 3.15 billion international-$ in 2011 prices | 2.60 billion international-$ in 2011 prices | 3.76 billion international-$ in 2011 prices | 10 |
| 1960s | 4.64 billion international-$ in 2011 prices | 3.88 billion international-$ in 2011 prices | 5.85 billion international-$ in 2011 prices | 10 |
| 1970s | 7.16 billion international-$ in 2011 prices | 6.23 billion international-$ in 2011 prices | 8.20 billion international-$ in 2011 prices | 10 |
| 1980s | 7.31 billion international-$ in 2011 prices | 6.99 billion international-$ in 2011 prices | 7.69 billion international-$ in 2011 prices | 10 |
| 1990s | 1.81 billion international-$ in 2011 prices | 783.48 million international-$ in 2011 prices | 3.68 billion international-$ in 2011 prices | 10 |
| 2000s | 2.84 billion international-$ in 2011 prices | 2.29 billion international-$ in 2011 prices | 4.00 billion international-$ in 2011 prices | 10 |
| 2010s | 3.74 billion international-$ in 2011 prices | 3.26 billion international-$ in 2011 prices | 4.05 billion international-$ in 2011 prices | 10 |
| 2020s | 4.04 billion international-$ in 2011 prices | 3.85 billion international-$ in 2011 prices | 4.23 billion international-$ in 2011 prices | 3 |
Countries ranked near Liberia
- 154 Lesotho 4.76 billion international-$ in 2011 prices compare
- 155 Gambia 4.66 billion international-$ in 2011 prices compare
- 156 Cape Verde 4.25 billion international-$ in 2011 prices compare
- 158 Central African Republic 3.75 billion international-$ in 2011 prices compare
- 159 Barbados 3.41 billion international-$ in 2011 prices compare
- 160 Djibouti 3.40 billion international-$ in 2011 prices 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$), annual growth rate -7.86 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Liberia?
- Gross domestic product (gdp) in Liberia was 4.23 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Liberia?
- The highest recorded value was 8.20 billion international-$ in 2011 prices in 1979.
- What is the lowest gross domestic product (gdp) recorded in Liberia?
- The lowest recorded value was 783.48 million international-$ in 2011 prices in 1995.
- How does Liberia rank for gross domestic product (gdp)?
- Liberia ranks 157th out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Liberia?
- Over the last ten years it is up 19.8%. The long-run trend across the full record is falling.
- Where does this Liberia data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.