Merchandise trade as a proportion of GDP (%) in Liberia
Liberia: Merchandise trade as a proportion of GDP (%) was 62.2% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Liberia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Liberia recorded 62.2% for merchandise trade as a proportion of gdp in 2024.
That represents a change of down 14.7% on the previous year and down 17.9% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Liberia peaked at 114.1% in 2000 and was at its lowest, 37.3%, in 2003.
Liberia ranks 86th of 220 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Liberia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 114.1% | — |
| 2001 | 39.4% | -65.5% |
| 2002 | 38.2% | -3.1% |
| 2003 | 37.3% | -2.3% |
| 2004 | 49.2% | +31.8% |
| 2005 | 46.5% | -5.5% |
| 2006 | 55.9% | +20.2% |
| 2007 | 50.9% | -8.8% |
| 2008 | 61.1% | +20.1% |
| 2009 | 39.6% | -35.2% |
| 2010 | 46.6% | +17.8% |
| 2011 | 58.8% | +26.1% |
| 2012 | 52.5% | -10.8% |
| 2013 | 53.8% | +2.5% |
| 2014 | 75.7% | +40.7% |
| 2015 | 61.0% | -19.3% |
| 2016 | 46.5% | -23.8% |
| 2017 | 42.7% | -8.3% |
| 2018 | 49.4% | +15.8% |
| 2019 | 47.5% | -3.9% |
| 2020 | 53.8% | +13.4% |
| 2021 | 67.2% | +24.8% |
| 2022 | 68.7% | +2.2% |
| 2023 | 72.9% | +6.1% |
| 2024 | 62.2% | -14.7% |
Liberia compared with similar countries
- Liberia's 62.2% is above the median for low income countries, which is 38.8%, 1.6× the median. (23 countries reporting)
- Liberia's 62.2% is above the median for Sub-Saharan Africa, which is 43.1%, 1.4× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53.2% | 37.3% | 114.1% | 10 |
| 2010s | 53.5% | 42.7% | 75.7% | 10 |
| 2020s | 64.9% | 53.8% | 72.9% | 5 |
Countries ranked near Liberia
More economy & growth data for Liberia
- Real gdp growth, annual growth rate 28.05 % change on previous year (2025)
- 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)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Liberia?
- Merchandise trade as a proportion of gdp in Liberia was 62.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Liberia?
- The highest recorded value was 114.1% in 2000.
- What is the lowest merchandise trade as a proportion of gdp recorded in Liberia?
- The lowest recorded value was 37.3% in 2003.
- How does Liberia rank for merchandise trade as a proportion of gdp?
- Liberia ranks 86th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Liberia?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is rising.
- Where does this Liberia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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