Gross Fixed Capital Formation — Value Standard Local Currency in Liberia
Liberia: Gross Fixed Capital Formation — Value Standard Local Currency was 947.12 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Liberia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Liberia stood at 947.12 million SLC. That is the highest value across all 55 years on record.
That represents a change of up 6.5% on the previous year and up 245.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Liberia peaked at 947.12 million SLC in 2024 and was at its lowest, 21.37 million SLC, in 1994.
That places Liberia 185th out of 202 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 Fixed Capital Formation — Value Standard Local Currency in Liberia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 62.09 million SLC | — |
| 1971 | 58.75 million SLC | -5.4% |
| 1972 | 70.78 million SLC | +20.5% |
| 1973 | 87.21 million SLC | +23.2% |
| 1974 | 119.04 million SLC | +36.5% |
| 1975 | 164.43 million SLC | +38.1% |
| 1976 | 210.53 million SLC | +28.0% |
| 1977 | 238.99 million SLC | +13.5% |
| 1978 | 265.31 million SLC | +11.0% |
| 1979 | 303.56 million SLC | +14.4% |
| 1980 | 200.03 million SLC | -34.1% |
| 1981 | 183.2 million SLC | -8.4% |
| 1982 | 196.97 million SLC | +7.5% |
| 1983 | 186.77 million SLC | -5.2% |
| 1984 | 172.28 million SLC | -7.8% |
| 1985 | 129.03 million SLC | -25.1% |
| 1986 | 117.3 million SLC | -9.1% |
| 1987 | 122.81 million SLC | +4.7% |
| 1988 | 117.61 million SLC | -4.2% |
| 1989 | 98.74 million SLC | -16.0% |
| 1990 | 62.41 million SLC | -36.8% |
| 1991 | 48.03 million SLC | -23.0% |
| 1992 | 36.28 million SLC | -24.5% |
| 1993 | 25.93 million SLC | -28.5% |
| 1994 | 21.37 million SLC | -17.6% |
| 1995 | 21.79 million SLC | +2.0% |
| 1996 | 109.78 million SLC | +403.9% |
| 1997 | 186.18 million SLC | +69.6% |
| 1998 | 227.27 million SLC | +22.1% |
| 1999 | 273.98 million SLC | +20.6% |
| 2000 | 48.37 million SLC | -82.3% |
| 2001 | 166.49 million SLC | +244.2% |
| 2002 | 179.25 million SLC | +7.7% |
| 2003 | 125.91 million SLC | -29.8% |
| 2004 | 137 million SLC | +8.8% |
| 2005 | 137.39 million SLC | +0.3% |
| 2006 | 145.29 million SLC | +5.7% |
| 2007 | 239.27 million SLC | +64.7% |
| 2008 | 153.23 million SLC | -36.0% |
| 2009 | 153.44 million SLC | +0.1% |
| 2010 | 168.41 million SLC | +9.8% |
| 2011 | 410.34 million SLC | +143.6% |
| 2012 | 547.35 million SLC | +33.4% |
| 2013 | 880.91 million SLC | +60.9% |
| 2014 | 274.26 million SLC | -68.9% |
| 2015 | 672.12 million SLC | +145.1% |
| 2016 | 623.73 million SLC | -7.2% |
| 2017 | 479.84 million SLC | -23.1% |
| 2018 | 553.46 million SLC | +15.3% |
| 2019 | 481.53 million SLC | -13.0% |
| 2020 | 607.64 million SLC | +26.2% |
| 2021 | 760.86 million SLC | +25.2% |
| 2022 | 773.59 million SLC | +1.7% |
| 2023 | 889.62 million SLC | +15.0% |
| 2024 | 947.12 million SLC | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 158.07 million SLC | 58.75 million SLC | 303.56 million SLC | 10 |
| 1980s | 152.47 million SLC | 98.74 million SLC | 200.03 million SLC | 10 |
| 1990s | 101.3 million SLC | 21.37 million SLC | 273.98 million SLC | 10 |
| 2000s | 148.56 million SLC | 48.37 million SLC | 239.27 million SLC | 10 |
| 2010s | 509.2 million SLC | 168.41 million SLC | 880.91 million SLC | 10 |
| 2020s | 795.77 million SLC | 607.64 million SLC | 947.12 million SLC | 5 |
Countries ranked near Liberia
- 182 Saint Vincent and the Grenadines 1,185 million SLC compare
- 183 Sint Maarten 1,039 million SLC compare
- 184 Bermuda 1,013 million SLC compare
- 186 Samoa 909.46 million SLC compare
- 187 Saint Kitts and Nevis 908.35 million SLC compare
- 188 Dominica 729.84 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)
- 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)
- GNI (current LCU), per capita 851.82 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -3.06 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -3.06 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 259.66 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0283 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 25.88 current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Liberia?
- Gross fixed capital formation — value standard local currency in Liberia was 947.12 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Liberia?
- The highest recorded value was 947.12 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Liberia?
- The lowest recorded value was 21.37 million SLC in 1994.
- How does Liberia rank for gross fixed capital formation — value standard local currency?
- Liberia ranks 185th out of 202 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Liberia?
- Over the last ten years it is up 245.3%. 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 Fixed Capital Formation — Value Standard Local Currency. 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).