Gross domestic product (GDP), annual growth rate in Liberia
Liberia: Gross domestic product (GDP), annual growth rate was 0.8473 % change on previous year in 2023. ◆ Volatile
Latest (2023)
0.8473 % change on previous year
Change on year
up 128.2%
World rank
123rd
of 184 countries
All-time high
112.87 % change on previous year
in 1997
All-time low
-47.97 % change on previous year
in 1990
Years of data
59
1965–2023
Gross domestic product (GDP), annual growth rate in Liberia, 1965–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross domestic product (gdp), annual growth rate in Liberia stood at 0.8473 % change on previous year.
The figure is up 128.2% on the previous year and down 91.5% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Liberia peaked at 112.87 % change on previous year in 1997 and was at its lowest, -47.97 % change on previous year, in 1990.
Liberia ranks 123rd of 184 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.
Gross domestic product (GDP), annual growth rate in Liberia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1965 | 7.38 % change on previous year | — |
| 1966 | 9.1 % change on previous year | +23.4% |
| 1967 | 6.11 % change on previous year | -32.9% |
| 1968 | 3.27 % change on previous year | -46.4% |
| 1969 | 6.94 % change on previous year | +112.1% |
| 1970 | 6.69 % change on previous year | -3.6% |
| 1971 | 5.94 % change on previous year | -11.2% |
| 1972 | 4.7 % change on previous year | -20.9% |
| 1973 | 5.71 % change on previous year | +21.4% |
| 1974 | 6.53 % change on previous year | +14.4% |
| 1975 | -7.89 % change on previous year | -220.7% |
| 1976 | 8.77 % change on previous year | -211.2% |
| 1977 | 7.71 % change on previous year | -12.1% |
| 1978 | 4.8 % change on previous year | -37.8% |
| 1979 | -15.47 % change on previous year | -422.3% |
| 1980 | 11.64 % change on previous year | -175.2% |
| 1981 | -11.88 % change on previous year | -202.1% |
| 1982 | -0.5541 % change on previous year | -95.3% |
| 1983 | 0.2105 % change on previous year | -138.0% |
| 1984 | -2.5 % change on previous year | -1289.5% |
| 1985 | -3.88 % change on previous year | +55.0% |
| 1986 | 0.1755 % change on previous year | -104.5% |
| 1987 | 6.33 % change on previous year | +3508.9% |
| 1988 | 1.87 % change on previous year | -70.5% |
| 1989 | 3.23 % change on previous year | +73.0% |
| 1990 | -47.97 % change on previous year | -1583.4% |
| 1991 | -7.15 % change on previous year | -85.1% |
| 1992 | -37.65 % change on previous year | +426.8% |
| 1993 | -32.13 % change on previous year | -14.6% |
| 1994 | -23.02 % change on previous year | -28.4% |
| 1995 | -2.27 % change on previous year | -90.1% |
| 1996 | -4.35 % change on previous year | +91.7% |
| 1997 | 112.87 % change on previous year | -2695.7% |
| 1998 | 35.41 % change on previous year | -68.6% |
| 1999 | 17.94 % change on previous year | -49.3% |
| 2000 | 56.66 % change on previous year | +215.9% |
| 2001 | -12.68 % change on previous year | -122.4% |
| 2002 | 2.66 % change on previous year | -121.0% |
| 2003 | -26 % change on previous year | -1077.7% |
| 2004 | 88.89 % change on previous year | -441.9% |
| 2005 | -0.2462 % change on previous year | -100.3% |
| 2006 | -3.85 % change on previous year | +1465.8% |
| 2007 | -2.48 % change on previous year | -35.6% |
| 2008 | 9.66 % change on previous year | -489.1% |
| 2009 | -0.8681 % change on previous year | -109.0% |
| 2010 | 3.79 % change on previous year | -537.1% |
| 2011 | 5.17 % change on previous year | +36.3% |
| 2012 | 12.28 % change on previous year | +137.6% |
| 2013 | 10.01 % change on previous year | -18.5% |
| 2014 | 13.19 % change on previous year | +31.8% |
| 2015 | 28.25 % change on previous year | +114.2% |
| 2016 | 10.44 % change on previous year | -63.0% |
| 2017 | 9.6 % change on previous year | -8.0% |
| 2018 | 6.63 % change on previous year | -31.0% |
| 2019 | 6.63 % change on previous year | -0.1% |
| 2020 | -3.62 % change on previous year | -154.7% |
| 2021 | -7.26 % change on previous year | +100.5% |
| 2022 | -3.01 % change on previous year | -58.6% |
| 2023 | 0.8473 % change on previous year | -128.2% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 1987 | +3508.9% | 0.1755 % change on previous year | 6.33 % change on previous year |
| 1997 | +2695.7% | -4.35 % change on previous year | 112.87 % change on previous year |
| 1990 | -1583.4% | 3.23 % change on previous year | -47.97 % change on previous year |
| 2006 | -1465.8% | -0.2462 % change on previous year | -3.85 % change on previous year |
| 1984 | -1289.5% | 0.2105 % change on previous year | -2.5 % change on previous year |
| 2003 | -1077.7% | 2.66 % change on previous year | -26 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.56 % change on previous year | 3.27 % change on previous year | 9.1 % change on previous year | 5 |
| 1970s | 2.75 % change on previous year | -15.47 % change on previous year | 8.77 % change on previous year | 10 |
| 1980s | 0.464 % change on previous year | -11.88 % change on previous year | 11.64 % change on previous year | 10 |
| 1990s | 1.17 % change on previous year | -47.97 % change on previous year | 112.87 % change on previous year | 10 |
| 2000s | 11.17 % change on previous year | -26 % change on previous year | 88.89 % change on previous year | 10 |
| 2010s | 10.6 % change on previous year | 3.79 % change on previous year | 28.25 % change on previous year | 10 |
| 2020s | -3.26 % change on previous year | -7.26 % change on previous year | 0.8473 % change on previous year | 4 |
Countries ranked near Liberia
- 120 Oman 0.9804 % change on previous year compare
- 121 Italy 0.8832 % change on previous year compare
- 122 Australia 0.863 % change on previous year compare
- 124 Vietnam 0.8312 % change on previous year compare
- 125 North Macedonia 0.7981 % change on previous year compare
- 126 Lithuania 0.7915 % change on previous year 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), annual growth rate in Liberia?
- Gross domestic product (gdp), annual growth rate in Liberia was 0.8473 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Liberia?
- The highest recorded value was 112.87 % change on previous year in 1997.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Liberia?
- The lowest recorded value was -47.97 % change on previous year in 1990.
- How does Liberia rank for gross domestic product (gdp), annual growth rate?
- Liberia ranks 123rd out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Liberia?
- Over the last ten years it is down 91.5%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.