Gross domestic product (GDP) in Liberia
Liberia: Gross domestic product (GDP) was 1.22 billion current GBP in 2014. ◆ Volatile
Latest (2014)
1.22 billion current GBP
Change on year
down 1.7%
World rank
174th
of 200 countries
All-time high
1.25 billion current GBP
in 2013
All-time low
19.58 million current GBP
in 1949
Years of data
66
1949–2014
Gross domestic product (GDP) in Liberia, 1949–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
Liberia recorded 1.22 billion current GBP for gross domestic product (gdp) in 2014.
The figure is down 1.7% on the previous year and up 371.8% over ten years.
Over the whole period, gross domestic product (gdp) in Liberia peaked at 1.25 billion current GBP in 2013 and was at its lowest, 19.58 million current GBP, in 1949.
Liberia ranks 174th 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.
Gross domestic product (GDP) in Liberia, year by year
| Year | current GBP | Change |
|---|---|---|
| 1949 | 19.58 million current GBP | — |
| 1950 | 27.32 million current GBP | +39.5% |
| 1951 | 28.89 million current GBP | +5.8% |
| 1952 | 30.50 million current GBP | +5.6% |
| 1953 | 32.11 million current GBP | +5.3% |
| 1954 | 33.50 million current GBP | +4.3% |
| 1955 | 35.18 million current GBP | +5.0% |
| 1956 | 36.93 million current GBP | +5.0% |
| 1957 | 38.68 million current GBP | +4.7% |
| 1958 | 40.50 million current GBP | +4.7% |
| 1959 | 44.93 million current GBP | +10.9% |
| 1960 | 49.50 million current GBP | +10.2% |
| 1961 | 65.69 million current GBP | +32.7% |
| 1962 | 68.52 million current GBP | +4.3% |
| 1963 | 71.51 million current GBP | +4.4% |
| 1964 | 78.19 million current GBP | +9.3% |
| 1965 | 81.88 million current GBP | +4.7% |
| 1966 | 87.31 million current GBP | +6.6% |
| 1967 | 94.52 million current GBP | +8.3% |
| 1968 | 115.34 million current GBP | +22.0% |
| 1969 | 127.90 million current GBP | +10.9% |
| 1970 | 134.62 million current GBP | +5.3% |
| 1971 | 140.35 million current GBP | +4.3% |
| 1972 | 147.38 million current GBP | +5.0% |
| 1973 | 157.95 million current GBP | +7.2% |
| 1974 | 208.30 million current GBP | +31.9% |
| 1975 | 261.08 million current GBP | +25.3% |
| 1976 | 332.06 million current GBP | +27.2% |
| 1977 | 385.82 million current GBP | +16.2% |
| 1978 | 374.04 million current GBP | -3.1% |
| 1979 | 384.39 million current GBP | +2.8% |
| 1980 | 367.78 million current GBP | -4.3% |
| 1981 | 421.26 million current GBP | +14.5% |
| 1982 | 494.56 million current GBP | +17.4% |
| 1983 | 543.20 million current GBP | +9.8% |
| 1984 | 637.89 million current GBP | +17.4% |
| 1985 | 663.37 million current GBP | +4.0% |
| 1986 | 573.70 million current GBP | -13.5% |
| 1987 | 595.28 million current GBP | +3.8% |
| 1988 | 583.70 million current GBP | -1.9% |
| 1989 | 480.56 million current GBP | -17.7% |
| 1990 | 216.49 million current GBP | -55.0% |
| 1991 | 197.32 million current GBP | -8.9% |
| 1992 | 127.34 million current GBP | -35.5% |
| 1993 | 106.95 million current GBP | -16.0% |
| 1994 | 86.38 million current GBP | -19.2% |
| 1995 | 85.42 million current GBP | -1.1% |
| 1996 | 102.17 million current GBP | +19.6% |
| 1997 | 180.75 million current GBP | +76.9% |
| 1998 | 217.13 million current GBP | +20.1% |
| 1999 | 273.06 million current GBP | +25.8% |
| 2000 | 349.68 million current GBP | +28.1% |
| 2001 | 361.92 million current GBP | +3.5% |
| 2002 | 362.30 million current GBP | +0.1% |
| 2003 | 254.79 million current GBP | -29.7% |
| 2004 | 259.27 million current GBP | +1.8% |
| 2005 | 302.50 million current GBP | +16.7% |
| 2006 | 328.28 million current GBP | +8.5% |
| 2007 | 369.35 million current GBP | +12.5% |
| 2008 | 462.39 million current GBP | +25.2% |
| 2009 | 741.51 million current GBP | +60.4% |
| 2010 | 836.61 million current GBP | +12.8% |
| 2011 | 964.55 million current GBP | +15.3% |
| 2012 | 1.10 billion current GBP | +13.9% |
| 2013 | 1.25 billion current GBP | +13.3% |
| 2014 | 1.22 billion current GBP | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 19.58 million current GBP | 19.58 million current GBP | 19.58 million current GBP | 1 |
| 1950s | 34.85 million current GBP | 27.32 million current GBP | 44.93 million current GBP | 10 |
| 1960s | 84.04 million current GBP | 49.50 million current GBP | 127.90 million current GBP | 10 |
| 1970s | 252.60 million current GBP | 134.62 million current GBP | 385.82 million current GBP | 10 |
| 1980s | 536.13 million current GBP | 367.78 million current GBP | 663.37 million current GBP | 10 |
| 1990s | 159.30 million current GBP | 85.42 million current GBP | 273.06 million current GBP | 10 |
| 2000s | 379.20 million current GBP | 254.79 million current GBP | 741.51 million current GBP | 10 |
| 2010s | 1.07 billion current GBP | 836.61 million current GBP | 1.25 billion current GBP | 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)
- Services, value added (current US$), annual growth rate 1.35 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.3997 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 365.89 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 1.35 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.3997 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 365.89 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.44 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.2732 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Liberia?
- Gross domestic product (gdp) in Liberia was 1.22 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Liberia?
- The highest recorded value was 1.25 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Liberia?
- The lowest recorded value was 19.58 million current GBP in 1949.
- How does Liberia rank for gross domestic product (gdp)?
- Liberia ranks 174th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Liberia?
- Over the last ten years it is up 371.8%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.