Gross domestic product (GDP) in Liberia
Liberia: Gross domestic product (GDP) was 9.15 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
9.15 billion international-$ in 2021 prices
Change on year
up 0.8%
World rank
159th
of 184 countries
All-time high
10.47 billion international-$ in 2021 prices
in 2019
All-time low
572.76 million international-$ in 2021 prices
in 1996
Years of data
60
1964–2023
Gross domestic product (GDP) in Liberia, 1964–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Liberia stood at 9.15 billion international-$ in 2021 prices.
That represents a change of up 0.8% on the previous year and up 74.7% over ten years.
Over the whole period, gross domestic product (gdp) in Liberia peaked at 10.47 billion international-$ in 2021 prices in 2019 and was at its lowest, 572.76 million international-$ in 2021 prices, in 1996.
That places Liberia 159th out of 184 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Liberia, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1964 | 2.16 billion international-$ in 2021 prices | — |
| 1965 | 2.32 billion international-$ in 2021 prices | +7.4% |
| 1966 | 2.53 billion international-$ in 2021 prices | +9.1% |
| 1967 | 2.69 billion international-$ in 2021 prices | +6.1% |
| 1968 | 2.78 billion international-$ in 2021 prices | +3.3% |
| 1969 | 2.97 billion international-$ in 2021 prices | +6.9% |
| 1970 | 3.17 billion international-$ in 2021 prices | +6.7% |
| 1971 | 3.36 billion international-$ in 2021 prices | +5.9% |
| 1972 | 3.51 billion international-$ in 2021 prices | +4.7% |
| 1973 | 3.71 billion international-$ in 2021 prices | +5.7% |
| 1974 | 3.96 billion international-$ in 2021 prices | +6.5% |
| 1975 | 3.64 billion international-$ in 2021 prices | -7.9% |
| 1976 | 3.96 billion international-$ in 2021 prices | +8.8% |
| 1977 | 4.27 billion international-$ in 2021 prices | +7.7% |
| 1978 | 4.48 billion international-$ in 2021 prices | +4.8% |
| 1979 | 3.78 billion international-$ in 2021 prices | -15.5% |
| 1980 | 4.22 billion international-$ in 2021 prices | +11.6% |
| 1981 | 3.72 billion international-$ in 2021 prices | -11.9% |
| 1982 | 3.70 billion international-$ in 2021 prices | -0.6% |
| 1983 | 3.71 billion international-$ in 2021 prices | +0.2% |
| 1984 | 3.62 billion international-$ in 2021 prices | -2.5% |
| 1985 | 3.48 billion international-$ in 2021 prices | -3.9% |
| 1986 | 3.48 billion international-$ in 2021 prices | +0.2% |
| 1987 | 3.70 billion international-$ in 2021 prices | +6.3% |
| 1988 | 3.77 billion international-$ in 2021 prices | +1.9% |
| 1989 | 3.89 billion international-$ in 2021 prices | +3.2% |
| 1990 | 2.03 billion international-$ in 2021 prices | -48.0% |
| 1991 | 1.88 billion international-$ in 2021 prices | -7.1% |
| 1992 | 1.17 billion international-$ in 2021 prices | -37.6% |
| 1993 | 795.89 million international-$ in 2021 prices | -32.1% |
| 1994 | 612.70 million international-$ in 2021 prices | -23.0% |
| 1995 | 598.80 million international-$ in 2021 prices | -2.3% |
| 1996 | 572.76 million international-$ in 2021 prices | -4.3% |
| 1997 | 1.22 billion international-$ in 2021 prices | +112.9% |
| 1998 | 1.65 billion international-$ in 2021 prices | +35.4% |
| 1999 | 1.95 billion international-$ in 2021 prices | +17.9% |
| 2000 | 3.05 billion international-$ in 2021 prices | +56.7% |
| 2001 | 2.66 billion international-$ in 2021 prices | -12.7% |
| 2002 | 2.73 billion international-$ in 2021 prices | +2.7% |
| 2003 | 2.02 billion international-$ in 2021 prices | -26.0% |
| 2004 | 3.82 billion international-$ in 2021 prices | +88.9% |
| 2005 | 3.81 billion international-$ in 2021 prices | -0.2% |
| 2006 | 3.67 billion international-$ in 2021 prices | -3.9% |
| 2007 | 3.57 billion international-$ in 2021 prices | -2.5% |
| 2008 | 3.92 billion international-$ in 2021 prices | +9.7% |
| 2009 | 3.89 billion international-$ in 2021 prices | -0.9% |
| 2010 | 4.03 billion international-$ in 2021 prices | +3.8% |
| 2011 | 4.24 billion international-$ in 2021 prices | +5.2% |
| 2012 | 4.76 billion international-$ in 2021 prices | +12.3% |
| 2013 | 5.24 billion international-$ in 2021 prices | +10.0% |
| 2014 | 5.93 billion international-$ in 2021 prices | +13.2% |
| 2015 | 7.61 billion international-$ in 2021 prices | +28.3% |
| 2016 | 8.40 billion international-$ in 2021 prices | +10.4% |
| 2017 | 9.21 billion international-$ in 2021 prices | +9.6% |
| 2018 | 9.82 billion international-$ in 2021 prices | +6.6% |
| 2019 | 10.47 billion international-$ in 2021 prices | +6.6% |
| 2020 | 10.09 billion international-$ in 2021 prices | -3.6% |
| 2021 | 9.36 billion international-$ in 2021 prices | -7.3% |
| 2022 | 9.08 billion international-$ in 2021 prices | -3.0% |
| 2023 | 9.15 billion international-$ in 2021 prices | +0.8% |
Liberia compared with similar countries
- Liberia's 9.15 billion international-$ in 2021 prices is below the median for low income countries, which is 42.81 billion international-$ in 2021 prices, 21% of the median. (22 countries reporting)
- Liberia's 9.15 billion international-$ in 2021 prices is below the median for Sub-Saharan Africa, which is 45.59 billion international-$ in 2021 prices, 20% of the median. (47 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 | +112.9% | 572.76 million international-$ in 2021 prices | 1.22 billion international-$ in 2021 prices |
| 2004 | +88.9% | 2.02 billion international-$ in 2021 prices | 3.82 billion international-$ in 2021 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.58 billion international-$ in 2021 prices | 2.16 billion international-$ in 2021 prices | 2.97 billion international-$ in 2021 prices | 6 |
| 1970s | 3.78 billion international-$ in 2021 prices | 3.17 billion international-$ in 2021 prices | 4.48 billion international-$ in 2021 prices | 10 |
| 1980s | 3.73 billion international-$ in 2021 prices | 3.48 billion international-$ in 2021 prices | 4.22 billion international-$ in 2021 prices | 10 |
| 1990s | 1.25 billion international-$ in 2021 prices | 572.76 million international-$ in 2021 prices | 2.03 billion international-$ in 2021 prices | 10 |
| 2000s | 3.32 billion international-$ in 2021 prices | 2.02 billion international-$ in 2021 prices | 3.92 billion international-$ in 2021 prices | 10 |
| 2010s | 6.97 billion international-$ in 2021 prices | 4.03 billion international-$ in 2021 prices | 10.47 billion international-$ in 2021 prices | 10 |
| 2020s | 9.42 billion international-$ in 2021 prices | 9.08 billion international-$ in 2021 prices | 10.09 billion international-$ in 2021 prices | 4 |
Countries ranked near Liberia
- 156 Suriname 10.47 billion international-$ in 2021 prices compare
- 157 Maldives 9.75 billion international-$ in 2021 prices compare
- 158 Djibouti 9.49 billion international-$ in 2021 prices compare
- 160 South Sudan 8.35 billion international-$ in 2021 prices compare
- 161 Gambia 7.65 billion international-$ in 2021 prices compare
- 162 Central African Republic 5.66 billion international-$ in 2021 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$), annual growth rate -7.86 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Liberia?
- Gross domestic product (gdp) in Liberia was 9.15 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Liberia?
- The highest recorded value was 10.47 billion international-$ in 2021 prices in 2019.
- What is the lowest gross domestic product (gdp) recorded in Liberia?
- The lowest recorded value was 572.76 million international-$ in 2021 prices in 1996.
- How does Liberia rank for gross domestic product (gdp)?
- Liberia ranks 159th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Liberia?
- Over the last ten years it is up 74.7%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.