Gross Domestic Product — Value Standard Local Currency, 2015 prices in Liberia
Liberia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 3,655 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Liberia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Liberia is 3,655 million SLC, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 4.8% on the previous year and up 32.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Liberia peaked at 3,655 million SLC in 2024 and was at its lowest, 248.47 million SLC, in 1995.
Liberia ranks 175th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Liberia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,504 million SLC | — |
| 1971 | 1,580 million SLC | +5.1% |
| 1972 | 1,637 million SLC | +3.6% |
| 1973 | 1,700 million SLC | +3.9% |
| 1974 | 1,758 million SLC | +3.4% |
| 1975 | 1,690 million SLC | -3.9% |
| 1976 | 1,771 million SLC | +4.8% |
| 1977 | 1,788 million SLC | +0.9% |
| 1978 | 1,890 million SLC | +5.8% |
| 1979 | 1,981 million SLC | +4.8% |
| 1980 | 1,856 million SLC | -6.3% |
| 1981 | 1,784 million SLC | -3.9% |
| 1982 | 1,815 million SLC | +1.8% |
| 1983 | 1,753 million SLC | -3.4% |
| 1984 | 1,743 million SLC | -0.6% |
| 1985 | 1,707 million SLC | -2.0% |
| 1986 | 1,687 million SLC | -1.2% |
| 1987 | 1,717 million SLC | +1.8% |
| 1988 | 1,766 million SLC | +2.8% |
| 1989 | 1,815 million SLC | +2.8% |
| 1990 | 888.92 million SLC | -51.0% |
| 1991 | 762.47 million SLC | -14.2% |
| 1992 | 494.95 million SLC | -35.1% |
| 1993 | 331.74 million SLC | -33.0% |
| 1994 | 259.55 million SLC | -21.8% |
| 1995 | 248.47 million SLC | -4.3% |
| 1996 | 278.59 million SLC | +12.1% |
| 1997 | 574.68 million SLC | +106.3% |
| 1998 | 748.28 million SLC | +30.2% |
| 1999 | 910.96 million SLC | +21.7% |
| 2000 | 1,172 million SLC | +28.6% |
| 2001 | 1,206 million SLC | +2.9% |
| 2002 | 1,251 million SLC | +3.8% |
| 2003 | 874.03 million SLC | -30.1% |
| 2004 | 896.94 million SLC | +2.6% |
| 2005 | 944.31 million SLC | +5.3% |
| 2006 | 1,087 million SLC | +15.1% |
| 2007 | 1,515 million SLC | +39.4% |
| 2008 | 1,660 million SLC | +9.6% |
| 2009 | 1,814 million SLC | +9.3% |
| 2010 | 1,973 million SLC | +8.8% |
| 2011 | 2,164 million SLC | +9.7% |
| 2012 | 2,442 million SLC | +12.8% |
| 2013 | 2,590 million SLC | +6.0% |
| 2014 | 2,762 million SLC | +6.6% |
| 2015 | 3,060 million SLC | +10.8% |
| 2016 | 3,087 million SLC | +0.9% |
| 2017 | 3,256 million SLC | +5.5% |
| 2018 | 3,433 million SLC | +5.4% |
| 2019 | 3,350 million SLC | -2.4% |
| 2020 | 3,230 million SLC | -3.6% |
| 2021 | 3,306 million SLC | +2.4% |
| 2022 | 3,335 million SLC | +0.9% |
| 2023 | 3,488 million SLC | +4.6% |
| 2024 | 3,655 million SLC | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,730 million SLC | 1,504 million SLC | 1,981 million SLC | 10 |
| 1980s | 1,764 million SLC | 1,687 million SLC | 1,856 million SLC | 10 |
| 1990s | 549.86 million SLC | 248.47 million SLC | 910.96 million SLC | 10 |
| 2000s | 1,242 million SLC | 874.03 million SLC | 1,814 million SLC | 10 |
| 2010s | 2,812 million SLC | 1,973 million SLC | 3,433 million SLC | 10 |
| 2020s | 3,403 million SLC | 3,230 million SLC | 3,655 million SLC | 5 |
Countries ranked near Liberia
- 172 Montenegro 4,809 million SLC compare
- 173 Curaçao 4,780 million SLC compare
- 174 Antigua and Barbuda 4,756 million SLC compare
- 176 Grenada 3,189 million SLC compare
- 177 Andorra 3,030 million SLC compare
- 178 Saint Kitts and Nevis 2,747 million SLC 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)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.94 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.3265 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 298.89 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.58 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.2899 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 265.33 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.58 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.292 constant LCU per US$ of GDP (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 3,655 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Liberia?
- The highest recorded value was 3,655 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Liberia?
- The lowest recorded value was 248.47 million SLC in 1995.
- How does Liberia rank for gross domestic product — value standard local currency, 2015 prices?
- Liberia ranks 175th 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 32.3%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).