Global Revenue Statistics - Comparative tax revenues in Liberia
Liberia: Global Revenue Statistics - Comparative tax revenues was 11.75 Percentage of GDP in 2024. ▼ Falling
Global Revenue Statistics - Comparative tax revenues in Liberia, 2012–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for global revenue statistics - comparative tax revenues in Liberia is 11.75 Percentage of GDP, measured in 2024.
The figure is up 0.8% on the previous year and up 0.6% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Liberia peaked at 14.61 Percentage of GDP in 2013 and was at its lowest, 11.63 Percentage of GDP, in 2016.
That places Liberia 124th out of 135 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Global Revenue Statistics - Comparative tax revenues in Liberia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2012 | 14.5 Percentage of GDP | — |
| 2013 | 14.61 Percentage of GDP | +0.7% |
| 2014 | 11.68 Percentage of GDP | -20.1% |
| 2015 | 11.79 Percentage of GDP | +0.9% |
| 2016 | 11.63 Percentage of GDP | -1.3% |
| 2017 | 11.79 Percentage of GDP | +1.4% |
| 2018 | 12.09 Percentage of GDP | +2.5% |
| 2019 | 11.83 Percentage of GDP | -2.1% |
| 2020 | 13.33 Percentage of GDP | +12.7% |
| 2021 | 14.18 Percentage of GDP | +6.4% |
| 2022 | 12.54 Percentage of GDP | -11.6% |
| 2023 | 11.65 Percentage of GDP | -7.1% |
| 2024 | 11.75 Percentage of GDP | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 12.49 Percentage of GDP | 11.63 Percentage of GDP | 14.61 Percentage of GDP | 8 |
| 2020s | 12.69 Percentage of GDP | 11.65 Percentage of GDP | 14.18 Percentage of GDP | 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)
- Services, value added (current US$), annual growth rate 1.35 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.3997 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 365.89 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 1.35 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.3997 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 365.89 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.44 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.2732 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is global revenue statistics - comparative tax revenues in Liberia?
- Global revenue statistics - comparative tax revenues in Liberia was 11.75 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Liberia?
- The highest recorded value was 14.61 Percentage of GDP in 2013.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Liberia?
- The lowest recorded value was 11.63 Percentage of GDP in 2016.
- How does Liberia rank for global revenue statistics - comparative tax revenues?
- Liberia ranks 124th out of 135 countries with data for 2024.
- Is global revenue statistics - comparative tax revenues rising or falling in Liberia?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is falling.
- Where does this Liberia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.