Merchandise trade to GDP ratio in Liberia
Liberia: Merchandise trade to GDP ratio was 120.8% in 2011. ▼ Falling
Merchandise trade to GDP ratio in Liberia, 1960–2011
Source: World Bank country economists. Measured in %.
Analysis
Liberia recorded 120.8% for merchandise trade to gdp ratio in 2011.
Compared with earlier readings it is up 19.3% on the previous year and up 108.2% over ten years.
Over the whole period, merchandise trade to gdp ratio in Liberia peaked at 179.0% in 2008 and was at its lowest, 50.1%, in 1998.
Liberia ranks 9th of 53 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Merchandise trade to GDP ratio in Liberia, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 84.1% | — |
| 1961 | 86.6% | +2.9% |
| 1962 | 109.0% | +25.8% |
| 1963 | 95.5% | -12.3% |
| 1964 | 117.3% | +22.7% |
| 1965 | 112.8% | -3.8% |
| 1966 | 121.3% | +7.5% |
| 1967 | 135.5% | +11.7% |
| 1968 | 133.3% | -1.6% |
| 1969 | 136.0% | +2.0% |
| 1970 | 123.5% | -9.2% |
| 1971 | 124.8% | +1.0% |
| 1972 | 124.7% | -0.0% |
| 1973 | 147.5% | +18.3% |
| 1974 | 151.8% | +2.9% |
| 1975 | 134.3% | -11.5% |
| 1976 | 153.1% | +14.0% |
| 1977 | 145.7% | -4.8% |
| 1978 | 146.2% | +0.3% |
| 1979 | 140.2% | -4.1% |
| 1980 | 143.6% | +2.5% |
| 1981 | 135.7% | -5.5% |
| 1982 | 127.1% | -6.4% |
| 1983 | 120.6% | -5.1% |
| 1984 | 105.7% | -12.3% |
| 1985 | 102.4% | -3.1% |
| 1986 | 99.1% | -3.3% |
| 1997 | 80.8% | -18.5% |
| 1998 | 50.1% | -37.9% |
| 1999 | 56.2% | +12.1% |
| 2000 | 53.0% | -5.7% |
| 2001 | 58.0% | +9.5% |
| 2002 | 65.5% | +12.9% |
| 2003 | 130.2% | +98.7% |
| 2004 | 93.9% | -27.9% |
| 2005 | 100.1% | +6.6% |
| 2006 | 173.6% | +73.4% |
| 2007 | 153.8% | -11.4% |
| 2008 | 179.0% | +16.4% |
| 2009 | 91.7% | -48.8% |
| 2010 | 101.3% | +10.5% |
| 2011 | 120.8% | +19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 113.2% | 84.1% | 136.0% | 10 |
| 1970s | 139.2% | 123.5% | 153.1% | 10 |
| 1980s | 119.2% | 99.1% | 143.6% | 7 |
| 1990s | 62.4% | 50.1% | 80.8% | 3 |
| 2000s | 109.9% | 53.0% | 179.0% | 10 |
| 2010s | 111.0% | 101.3% | 120.8% | 2 |
Countries ranked near Liberia
- 6 Djibouti 134.2% compare
- 7 Mauritania 124.8% compare
- 8 Congo 122.1% compare
- 10 Mauritius 120.5% compare
- 11 Equatorial Guinea 118.8% compare
- 12 Cape Verde 114.8% 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0228 current US$ per US$ of GDP (2011)
- Manufacturing, value added (current US$), per capita 12.94 current US$ per person (2011)
- Manufacturing, value added (current LCU), per unit of GDP 0.0228 current LCU per US$ of GDP (2011)
- Manufacturing, value added (current LCU), per capita 12.94 current LCU per person (2011)
- Industry (including construction), value added (current US$), annual 22.57 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2453 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 224.56 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 22.57 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade to gdp ratio in Liberia?
- Merchandise trade to gdp ratio in Liberia was 120.8% in 2011, according to World Bank country economists.
- What is the highest merchandise trade to gdp ratio recorded in Liberia?
- The highest recorded value was 179.0% in 2008.
- What is the lowest merchandise trade to gdp ratio recorded in Liberia?
- The lowest recorded value was 50.1% in 1998.
- How does Liberia rank for merchandise trade to gdp ratio?
- Liberia ranks 9th out of 53 countries with data for 2011.
- Is merchandise trade to gdp ratio rising or falling in Liberia?
- Over the last ten years it is up 108.2%. The long-run trend across the full record is falling.
- Where does this Liberia data come from?
- The figures come from World Bank country economists, published as part of Merchandise trade to GDP ratio (%). Statizoid updates them automatically from the source API.
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About this data
Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars and from the national accounts.