Gross Domestic Product — Value US$, 2015 prices in Liberia
Liberia: Gross Domestic Product — Value US$, 2015 prices was 3,655 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Liberia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$, 2015 prices in Liberia stood at 3,655 million USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 4.8% on the previous year and up 32.3% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Liberia peaked at 3,655 million USD in 2024 and was at its lowest, 248.47 million USD, in 1995.
Liberia ranks 166th of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Liberia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,504 million USD | — |
| 1971 | 1,580 million USD | +5.1% |
| 1972 | 1,637 million USD | +3.6% |
| 1973 | 1,700 million USD | +3.9% |
| 1974 | 1,758 million USD | +3.4% |
| 1975 | 1,690 million USD | -3.9% |
| 1976 | 1,771 million USD | +4.8% |
| 1977 | 1,788 million USD | +0.9% |
| 1978 | 1,890 million USD | +5.8% |
| 1979 | 1,981 million USD | +4.8% |
| 1980 | 1,856 million USD | -6.3% |
| 1981 | 1,784 million USD | -3.9% |
| 1982 | 1,815 million USD | +1.8% |
| 1983 | 1,753 million USD | -3.4% |
| 1984 | 1,743 million USD | -0.6% |
| 1985 | 1,707 million USD | -2.0% |
| 1986 | 1,687 million USD | -1.2% |
| 1987 | 1,717 million USD | +1.8% |
| 1988 | 1,766 million USD | +2.8% |
| 1989 | 1,815 million USD | +2.8% |
| 1990 | 888.92 million USD | -51.0% |
| 1991 | 762.47 million USD | -14.2% |
| 1992 | 494.95 million USD | -35.1% |
| 1993 | 331.74 million USD | -33.0% |
| 1994 | 259.55 million USD | -21.8% |
| 1995 | 248.47 million USD | -4.3% |
| 1996 | 278.59 million USD | +12.1% |
| 1997 | 574.68 million USD | +106.3% |
| 1998 | 748.28 million USD | +30.2% |
| 1999 | 910.96 million USD | +21.7% |
| 2000 | 1,172 million USD | +28.6% |
| 2001 | 1,206 million USD | +2.9% |
| 2002 | 1,251 million USD | +3.8% |
| 2003 | 874.03 million USD | -30.1% |
| 2004 | 896.94 million USD | +2.6% |
| 2005 | 944.31 million USD | +5.3% |
| 2006 | 1,087 million USD | +15.1% |
| 2007 | 1,515 million USD | +39.4% |
| 2008 | 1,660 million USD | +9.6% |
| 2009 | 1,814 million USD | +9.3% |
| 2010 | 1,973 million USD | +8.8% |
| 2011 | 2,164 million USD | +9.7% |
| 2012 | 2,442 million USD | +12.8% |
| 2013 | 2,590 million USD | +6.0% |
| 2014 | 2,762 million USD | +6.6% |
| 2015 | 3,060 million USD | +10.8% |
| 2016 | 3,087 million USD | +0.9% |
| 2017 | 3,256 million USD | +5.5% |
| 2018 | 3,433 million USD | +5.4% |
| 2019 | 3,350 million USD | -2.4% |
| 2020 | 3,230 million USD | -3.6% |
| 2021 | 3,306 million USD | +2.4% |
| 2022 | 3,335 million USD | +0.9% |
| 2023 | 3,488 million USD | +4.6% |
| 2024 | 3,655 million USD | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,730 million USD | 1,504 million USD | 1,981 million USD | 10 |
| 1980s | 1,764 million USD | 1,687 million USD | 1,856 million USD | 10 |
| 1990s | 549.86 million USD | 248.47 million USD | 910.96 million USD | 10 |
| 2000s | 1,242 million USD | 874.03 million USD | 1,814 million USD | 10 |
| 2010s | 2,812 million USD | 1,973 million USD | 3,433 million USD | 10 |
| 2020s | 3,403 million USD | 3,230 million USD | 3,655 million USD | 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 (constant LCU), per capita 280.39 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.52 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9716 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 889.34 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9716 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 889.34 current LCU per person (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Liberia?
- Gross domestic product — value us$, 2015 prices in Liberia was 3,655 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Liberia?
- The highest recorded value was 3,655 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Liberia?
- The lowest recorded value was 248.47 million USD in 1995.
- How does Liberia rank for gross domestic product — value us$, 2015 prices?
- Liberia ranks 166th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).