Gross Domestic Product — Value Standard Local Currency, 2015 prices in Liberia
Liberia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0007 million SLC per person in 2024. ▼ Falling
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Liberia, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Liberia stood at 0.0007 million SLC per person.
Compared with earlier readings it is up 2.6% on the previous year and up 7.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Liberia peaked at 0.0011 million SLC per person in 1974 and was at its lowest, 0.0001 million SLC per person, in 1995.
That places Liberia 194th out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Liberia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.001 million SLC per person | — |
| 1971 | 0.0011 million SLC per person | +2.4% |
| 1972 | 0.0011 million SLC per person | +1.0% |
| 1973 | 0.0011 million SLC per person | +1.2% |
| 1974 | 0.0011 million SLC per person | +0.7% |
| 1975 | 0.001 million SLC per person | -6.4% |
| 1976 | 0.001 million SLC per person | +2.0% |
| 1977 | 0.001 million SLC per person | -1.9% |
| 1978 | 0.001 million SLC per person | +2.7% |
| 1979 | 0.0011 million SLC per person | +1.7% |
| 1980 | 0.001 million SLC per person | -9.0% |
| 1981 | 0.0009 million SLC per person | -6.7% |
| 1982 | 0.0009 million SLC per person | -1.1% |
| 1983 | 0.0008 million SLC per person | -6.3% |
| 1984 | 0.0008 million SLC per person | -3.6% |
| 1985 | 0.0008 million SLC per person | -5.0% |
| 1986 | 0.0007 million SLC per person | -4.1% |
| 1987 | 0.0007 million SLC per person | -1.1% |
| 1988 | 0.0007 million SLC per person | -0.1% |
| 1989 | 0.0007 million SLC per person | -0.1% |
| 1990 | 0.0004 million SLC per person | -44.6% |
| 1991 | 0.0004 million SLC per person | -2.5% |
| 1992 | 0.0002 million SLC per person | -38.7% |
| 1993 | 0.0002 million SLC per person | -35.5% |
| 1994 | 0.0001 million SLC per person | -21.6% |
| 1995 | 0.0001 million SLC per person | -5.1% |
| 1996 | 0.0001 million SLC per person | +9.0% |
| 1997 | 0.0002 million SLC per person | +90.8% |
| 1998 | 0.0003 million SLC per person | +17.7% |
| 1999 | 0.0003 million SLC per person | +15.2% |
| 2000 | 0.0004 million SLC per person | +23.9% |
| 2001 | 0.0004 million SLC per person | -0.1% |
| 2002 | 0.0004 million SLC per person | +1.1% |
| 2003 | 0.0003 million SLC per person | -30.7% |
| 2004 | 0.0003 million SLC per person | +1.4% |
| 2005 | 0.0003 million SLC per person | +0.7% |
| 2006 | 0.0003 million SLC per person | +8.8% |
| 2007 | 0.0004 million SLC per person | +32.6% |
| 2008 | 0.0004 million SLC per person | +5.2% |
| 2009 | 0.0005 million SLC per person | +5.9% |
| 2010 | 0.0005 million SLC per person | +5.7% |
| 2011 | 0.0005 million SLC per person | +5.5% |
| 2012 | 0.0006 million SLC per person | +8.9% |
| 2013 | 0.0006 million SLC per person | +3.7% |
| 2014 | 0.0006 million SLC per person | +4.5% |
| 2015 | 0.0007 million SLC per person | +8.5% |
| 2016 | 0.0006 million SLC per person | -1.2% |
| 2017 | 0.0007 million SLC per person | +3.4% |
| 2018 | 0.0007 million SLC per person | +3.4% |
| 2019 | 0.0007 million SLC per person | -4.3% |
| 2020 | 0.0006 million SLC per person | -5.6% |
| 2021 | 0.0006 million SLC per person | +0.2% |
| 2022 | 0.0006 million SLC per person | -1.3% |
| 2023 | 0.0006 million SLC per person | +2.3% |
| 2024 | 0.0007 million SLC per person | +2.6% |
Liberia compared with similar countries
- Liberia's 0.0007 million SLC per person is below the median for low income countries, which is 0.2311 million SLC per person, 0% of the median. (23 countries reporting)
- Liberia's 0.0007 million SLC per person is below the median for Sub-Saharan Africa, which is 0.3487 million SLC per person, 0% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 | +90.8% | 0.0001 million SLC per person | 0.0002 million SLC per person |
| 1990 | -44.6% | 0.0007 million SLC per person | 0.0004 million SLC per person |
| 1992 | -38.7% | 0.0004 million SLC per person | 0.0002 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.001 million SLC per person | 0.001 million SLC per person | 0.0011 million SLC per person | 10 |
| 1980s | 0.0008 million SLC per person | 0.0007 million SLC per person | 0.001 million SLC per person | 10 |
| 1990s | 0.0002 million SLC per person | 0.0001 million SLC per person | 0.0004 million SLC per person | 10 |
| 2000s | 0.0004 million SLC per person | 0.0003 million SLC per person | 0.0005 million SLC per person | 10 |
| 2010s | 0.0006 million SLC per person | 0.0005 million SLC per person | 0.0007 million SLC per person | 10 |
| 2020s | 0.0006 million SLC per person | 0.0006 million SLC per person | 0.0007 million SLC per person | 5 |
Countries ranked near Liberia
- 191 South Sudan 0.0015 million SLC per person compare
- 192 Zimbabwe 0.0014 million SLC per person compare
- 193 East Timor 0.0012 million SLC per person 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 — value standard local currency, 2015 prices in Liberia?
- Gross domestic product — value standard local currency, 2015 prices in Liberia was 0.0007 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Liberia?
- The highest recorded value was 0.0011 million SLC per person in 1974.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Liberia?
- The lowest recorded value was 0.0001 million SLC per person in 1995.
- How does Liberia rank for gross domestic product — value standard local currency, 2015 prices?
- Liberia ranks 194th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Liberia?
- Over the last ten years it is up 7.6%. The long-run trend across the full record is falling.
- Where does this Liberia data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.