Gross domestic product (GDP), Current prices, Domestic currency in Liberia

Liberia: Gross domestic product (GDP), Current prices, Domestic currency was -5.93 % change on previous year in 2019. ◆ Volatile

Latest (2019)
-5.93 % change on previous year
Change on year
down 807.9%
World rank
192nd
of 194 countries
All-time high
69.6 % change on previous year
in 1997
All-time low
-51.11 % change on previous year
in 1990
Years of data
55
1965–2019

Gross domestic product (GDP), Current prices, Domestic currency in Liberia, 1965–2019

-50-250255075196519922019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2019, gross domestic product (gdp), current prices, domestic currency in Liberia stood at -5.93 % change on previous year.

That represents a change of down 807.9% on the previous year and down 220.9% over ten years.

Over the whole period, gross domestic product (gdp), current prices, domestic currency in Liberia peaked at 69.6 % change on previous year in 1997 and was at its lowest, -51.11 % change on previous year, in 1990.

That places Liberia 192nd out of 194 countries with data for 2019, 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), Current prices, Domestic currency in Liberia, year by year

Annual values for Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate in Liberia, 1965 to 2019.
Year % change on previous year Change
1965 5.08 % change on previous year —
1966 6.12 % change on previous year +20.3%
1967 7.29 % change on previous year +19.3%
1968 6.59 % change on previous year -9.7%
1969 10.17 % change on previous year +54.3%
1970 5.4 % change on previous year -46.9%
1971 5.44 % change on previous year +0.8%
1972 8.37 % change on previous year +53.8%
1973 16.93 % change on previous year +102.2%
1974 22.33 % change on previous year +31.9%
1975 20.19 % change on previous year -9.6%
1976 3.63 % change on previous year -82.0%
1977 11.79 % change on previous year +225.3%
1978 9.56 % change on previous year -19.0%
1979 15.2 % change on previous year +59.0%
1980 2.84 % change on previous year -81.3%
1981 15.02 % change on previous year +429.3%
1982 3.7 % change on previous year -75.4%
1983 -0.7048 % change on previous year -119.1%
1984 -1.42 % change on previous year +101.3%
1985 -1.39 % change on previous year -1.9%
1986 -1.72 % change on previous year +23.3%
1987 5.04 % change on previous year -393.9%
1988 6.32 % change on previous year +25.2%
1989 3.05 % change on previous year -51.7%
1990 -51.11 % change on previous year -1777.0%
1991 -9.47 % change on previous year -81.5%
1992 -35.78 % change on previous year +277.8%
1993 -28.23 % change on previous year -21.1%
1994 -17.58 % change on previous year -37.7%
1995 1.97 % change on previous year -111.2%
1996 18.25 % change on previous year +827.9%
1997 69.6 % change on previous year +281.4%
1998 22.07 % change on previous year -68.3%
1999 20.55 % change on previous year -6.9%
2000 4.7 % change on previous year -77.1%
2001 -1.11 % change on previous year -123.5%
2002 7.66 % change on previous year -792.7%
2003 -22.95 % change on previous year -399.5%
2004 21.71 % change on previous year -194.6%
2005 9.68 % change on previous year -55.4%
2006 15.46 % change on previous year +59.8%
2007 16.38 % change on previous year +6.0%
2008 16.02 % change on previous year -2.2%
2009 4.9 % change on previous year -69.4%
2010 11.86 % change on previous year +141.8%
2011 19.04 % change on previous year +60.5%
2012 12.74 % change on previous year -33.1%
2013 11.65 % change on previous year -8.6%
2014 6.04 % change on previous year -48.1%
2015 30 % change on previous year +396.5%
2016 3.3 % change on previous year -89.0%
2017 0.2176 % change on previous year -93.4%
2018 -0.6529 % change on previous year -400.0%
2019 -5.93 % change on previous year +807.9%

Liberia compared with similar countries

  • Liberia's -5.93 % change on previous year is below the median for low income countries, which is 7.45 % change on previous year. (24 countries reporting)
  • Liberia's -5.93 % change on previous year is below the median for Sub-Saharan Africa, which is 6.4 % change on previous year. (48 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Current prices, Domestic currency 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.

YearChange FromTo
1990 -1777.0% 3.05 % change on previous year -51.11 % change on previous year
1996 +827.9% 1.97 % change on previous year 18.25 % change on previous year
2002 +792.7% -1.11 % change on previous year 7.66 % change on previous year
2019 -807.9% -0.6529 % change on previous year -5.93 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 7.05 % change on previous year 5.08 % change on previous year 10.17 % change on previous year 5
1970s 11.89 % change on previous year 3.63 % change on previous year 22.33 % change on previous year 10
1980s 3.07 % change on previous year -1.72 % change on previous year 15.02 % change on previous year 10
1990s -0.9732 % change on previous year -51.11 % change on previous year 69.6 % change on previous year 10
2000s 7.25 % change on previous year -22.95 % change on previous year 21.71 % change on previous year 10
2010s 8.83 % change on previous year -5.93 % change on previous year 30 % change on previous year 10

Countries ranked near Liberia

  1. 189 Libya -3.86 % change on previous year compare
  2. 190 Qatar -4.13 % change on previous year compare
  3. 191 Oman -4.33 % change on previous year compare
  4. 193 Zimbabwe -11.81 % change on previous year compare
  5. 194 Equatorial Guinea -12.42 % change on previous year compare

See the full ranking of 194 places →

More economy & growth data for Liberia

All data for Liberia →

Frequently asked questions

What is gross domestic product (gdp), current prices, domestic currency in Liberia?
Gross domestic product (gdp), current prices, domestic currency in Liberia was -5.93 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Liberia?
The highest recorded value was 69.6 % change on previous year in 1997.
What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Liberia?
The lowest recorded value was -51.11 % change on previous year in 1990.
How does Liberia rank for gross domestic product (gdp), current prices, domestic currency?
Liberia ranks 192nd out of 194 countries with data for 2019.
Is gross domestic product (gdp), current prices, domestic currency rising or falling in Liberia?
Over the last ten years it is down 220.9%. 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), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Current prices, Domestic currency in Liberia. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-current-prices-domestic-currency-annual-growth-rate/liberia/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 10,054 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.