Imports of goods and services (BoP, current US$) in Liberia
Liberia: Imports of goods and services (BoP, current US$) was 1.76 billion BoP, current US$ in 2024. ◆ Volatile
Imports of goods and services in Liberia, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, imports of goods and services in Liberia stood at 1.76 billion BoP, current US$.
The figure is down 18.2% on the previous year and down 29.1% over ten years.
Over the whole period, imports of goods and services in Liberia peaked at 2.49 billion BoP, current US$ in 2014 and was at its lowest, 7.31 million BoP, current US$, in 1986.
Liberia ranks 168th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$) in Liberia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1979 | 11.34 million BoP, current US$ | — |
| 1980 | 11.86 million BoP, current US$ | +4.6% |
| 1981 | 10.39 million BoP, current US$ | -12.4% |
| 1982 | 10.38 million BoP, current US$ | -0.1% |
| 1983 | 10.41 million BoP, current US$ | +0.3% |
| 1984 | 9.00 million BoP, current US$ | -13.6% |
| 1985 | 7.41 million BoP, current US$ | -17.7% |
| 1986 | 7.31 million BoP, current US$ | -1.4% |
| 1987 | 8.31 million BoP, current US$ | +13.7% |
| 2004 | 1.06 billion BoP, current US$ | +12640.0% |
| 2005 | 1.16 billion BoP, current US$ | +9.7% |
| 2006 | 1.72 billion BoP, current US$ | +47.7% |
| 2007 | 1.75 billion BoP, current US$ | +1.8% |
| 2008 | 2.14 billion BoP, current US$ | +22.5% |
| 2009 | 1.70 billion BoP, current US$ | -20.4% |
| 2010 | 868.02 million BoP, current US$ | -49.1% |
| 2011 | 1.42 billion BoP, current US$ | +63.3% |
| 2012 | 1.88 billion BoP, current US$ | +32.6% |
| 2013 | 1.82 billion BoP, current US$ | -3.0% |
| 2014 | 2.49 billion BoP, current US$ | +36.5% |
| 2015 | 1.85 billion BoP, current US$ | -25.8% |
| 2016 | 1.42 billion BoP, current US$ | -22.9% |
| 2017 | 1.23 billion BoP, current US$ | -13.5% |
| 2018 | 1.25 billion BoP, current US$ | +1.1% |
| 2019 | 1.24 billion BoP, current US$ | -0.1% |
| 2020 | 1.21 billion BoP, current US$ | -2.4% |
| 2021 | 1.60 billion BoP, current US$ | +31.6% |
| 2022 | 1.85 billion BoP, current US$ | +15.5% |
| 2023 | 2.16 billion BoP, current US$ | +16.9% |
| 2024 | 1.76 billion BoP, current US$ | -18.2% |
Liberia compared with similar countries
- Liberia's 1.76 billion BoP, current US$ is below the median for low income countries, which is 5.97 billion BoP, current US$, 30% of the median. (23 countries reporting)
- Liberia's 1.76 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is 6.19 billion BoP, current US$, 29% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Imports of goods and services (BoP, current US$) 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 |
|---|---|---|---|
| 2004 | +12640.0% | 8.31 million BoP, current US$ | 1.06 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.34 million BoP, current US$ | 11.34 million BoP, current US$ | 11.34 million BoP, current US$ | 1 |
| 1980s | 9.38 million BoP, current US$ | 7.31 million BoP, current US$ | 11.86 million BoP, current US$ | 8 |
| 2000s | 1.59 billion BoP, current US$ | 1.06 billion BoP, current US$ | 2.14 billion BoP, current US$ | 6 |
| 2010s | 1.55 billion BoP, current US$ | 868.02 million BoP, current US$ | 2.49 billion BoP, current US$ | 10 |
| 2020s | 1.72 billion BoP, current US$ | 1.21 billion BoP, current US$ | 2.16 billion BoP, current US$ | 5 |
Countries ranked near Liberia
- 165 Barbados 2.21 billion BoP, current US$ compare
- 166 Lesotho 2.16 billion BoP, current US$ compare
- 167 French Polynesia 1.87 billion BoP, current US$ compare
- 169 Belize 1.73 billion BoP, current US$ compare
- 170 Cape Verde 1.64 billion BoP, current US$ compare
- 171 Gambia 1.55 billion BoP, current US$ 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)
- SDRs holdings, US dollar, annual growth rate -5.6 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0527 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 48.22 units per person (2025)
- SDRs holdings, SDR, annual growth rate -10.11 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0385 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 35.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.059 units per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Liberia?
- Imports of goods and services in Liberia was 1.76 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Liberia?
- The highest recorded value was 2.49 billion BoP, current US$ in 2014.
- What is the lowest imports of goods and services recorded in Liberia?
- The lowest recorded value was 7.31 million BoP, current US$ in 1986.
- How does Liberia rank for imports of goods and services?
- Liberia ranks 168th out of 200 countries with data for 2024.
- Is imports of goods and services rising or falling in Liberia?
- Over the last ten years it is down 29.1%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.