Gross Domestic Product — Value US$ in Liberia
Liberia: Gross Domestic Product — Value US$ was 5,452 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ 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$ in Liberia stood at 5,452 million USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 8.2% on the previous year and up 134.8% over ten years.
Over the whole period, gross domestic product — value us$ in Liberia peaked at 5,452 million USD in 2024 and was at its lowest, 204.7 million USD, in 1994.
That places Liberia 160th out of 203 countries with data for 2024, 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 — Value US$ in Liberia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 316.5 million USD | — |
| 1971 | 333.73 million USD | +5.4% |
| 1972 | 361.67 million USD | +8.4% |
| 1973 | 422.9 million USD | +16.9% |
| 1974 | 517.36 million USD | +22.3% |
| 1975 | 621.81 million USD | +20.2% |
| 1976 | 644.35 million USD | +3.6% |
| 1977 | 720.34 million USD | +11.8% |
| 1978 | 789.2 million USD | +9.6% |
| 1979 | 909.15 million USD | +15.2% |
| 1980 | 934.96 million USD | +2.8% |
| 1981 | 1,075 million USD | +15.0% |
| 1982 | 1,115 million USD | +3.7% |
| 1983 | 1,107 million USD | -0.7% |
| 1984 | 1,092 million USD | -1.4% |
| 1985 | 1,076 million USD | -1.4% |
| 1986 | 1,058 million USD | -1.7% |
| 1987 | 1,111 million USD | +5.0% |
| 1988 | 1,182 million USD | +6.3% |
| 1989 | 1,218 million USD | +3.0% |
| 1990 | 595.21 million USD | -51.1% |
| 1991 | 538.84 million USD | -9.5% |
| 1992 | 346.07 million USD | -35.8% |
| 1993 | 248.36 million USD | -28.2% |
| 1994 | 204.7 million USD | -17.6% |
| 1995 | 208.72 million USD | +2.0% |
| 1996 | 246.81 million USD | +18.2% |
| 1997 | 418.61 million USD | +69.6% |
| 1998 | 510.98 million USD | +22.1% |
| 1999 | 616 million USD | +20.6% |
| 2000 | 644.94 million USD | +4.7% |
| 2001 | 637.81 million USD | -1.1% |
| 2002 | 686.68 million USD | +7.7% |
| 2003 | 529.06 million USD | -23.0% |
| 2004 | 643.92 million USD | +21.7% |
| 2005 | 706.23 million USD | +9.7% |
| 2006 | 826.65 million USD | +17.1% |
| 2007 | 975.32 million USD | +18.0% |
| 2008 | 1,147 million USD | +17.6% |
| 2009 | 1,220 million USD | +6.3% |
| 2010 | 1,383 million USD | +13.4% |
| 2011 | 1,670 million USD | +20.7% |
| 2012 | 1,908 million USD | +14.3% |
| 2013 | 2,160 million USD | +13.2% |
| 2014 | 2,322 million USD | +7.5% |
| 2015 | 3,060 million USD | +31.8% |
| 2016 | 3,205 million USD | +4.7% |
| 2017 | 3,204 million USD | -0.0% |
| 2018 | 3,241 million USD | +1.2% |
| 2019 | 3,162 million USD | -2.4% |
| 2020 | 3,461 million USD | +9.4% |
| 2021 | 4,125 million USD | +19.2% |
| 2022 | 4,562 million USD | +10.6% |
| 2023 | 5,039 million USD | +10.5% |
| 2024 | 5,452 million USD | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 563.7 million USD | 316.5 million USD | 909.15 million USD | 10 |
| 1980s | 1,097 million USD | 934.96 million USD | 1,218 million USD | 10 |
| 1990s | 393.43 million USD | 204.7 million USD | 616 million USD | 10 |
| 2000s | 801.77 million USD | 529.06 million USD | 1,220 million USD | 10 |
| 2010s | 2,532 million USD | 1,383 million USD | 3,241 million USD | 10 |
| 2020s | 4,528 million USD | 3,461 million USD | 5,452 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)
- GNI, Atlas method (current US$), annual growth rate 12.53 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9067 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 829.94 current US$ per person (2025)
- GNI (current US$), annual growth rate 10.3 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9306 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 851.82 current US$ per person (2025)
- GNI (current LCU), annual growth rate 10.3 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.9306 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Liberia?
- Gross domestic product — value us$ in Liberia was 5,452 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Liberia?
- The highest recorded value was 5,452 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Liberia?
- The lowest recorded value was 204.7 million USD in 1994.
- How does Liberia rank for gross domestic product — value us$?
- Liberia ranks 160th out of 203 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Liberia?
- Over the last ten years it is up 134.8%. 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$. Statizoid updates them automatically from the source API.
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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).