Net trade in goods and services in Liberia
Liberia: Net trade in goods and services was -412.26 million BoP, current US$ in 2024. ◆ Volatile
Net trade in 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$.
Analysis
The most recent figure for net trade in goods and services in Liberia is -412.26 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 59.3% on the previous year and up 77.1% over ten years.
Over the whole period, net trade in goods and services in Liberia peaked at 2.70 million BoP, current US$ in 1986 and was at its lowest, -1.80 billion BoP, current US$, in 2014.
That places Liberia 110th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Liberia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1979 | 585,718 BoP, current US$ | — |
| 1980 | 1.35 million BoP, current US$ | +130.9% |
| 1981 | 1.25 million BoP, current US$ | -7.5% |
| 1982 | 600,792 BoP, current US$ | -52.0% |
| 1983 | -521,117 BoP, current US$ | -186.7% |
| 1984 | 1.41 million BoP, current US$ | -371.5% |
| 1985 | 2.61 million BoP, current US$ | +84.2% |
| 1986 | 2.70 million BoP, current US$ | +3.7% |
| 1987 | 893,651 BoP, current US$ | -66.9% |
| 2004 | -741.50 million BoP, current US$ | -83074.0% |
| 2005 | -816.36 million BoP, current US$ | +10.1% |
| 2006 | -1.22 billion BoP, current US$ | +50.0% |
| 2007 | -1.20 billion BoP, current US$ | -1.6% |
| 2008 | -1.38 billion BoP, current US$ | +14.6% |
| 2009 | -1.25 billion BoP, current US$ | -9.5% |
| 2010 | -542.98 million BoP, current US$ | -56.6% |
| 2011 | -1.02 billion BoP, current US$ | +88.3% |
| 2012 | -1.53 billion BoP, current US$ | +49.2% |
| 2013 | -1.18 billion BoP, current US$ | -22.9% |
| 2014 | -1.80 billion BoP, current US$ | +53.0% |
| 2015 | -1.36 billion BoP, current US$ | -24.2% |
| 2016 | -1.06 billion BoP, current US$ | -22.5% |
| 2017 | -802.61 million BoP, current US$ | -24.1% |
| 2018 | -718.14 million BoP, current US$ | -10.5% |
| 2019 | -689.78 million BoP, current US$ | -3.9% |
| 2020 | -570.69 million BoP, current US$ | -17.3% |
| 2021 | -684.93 million BoP, current US$ | +20.0% |
| 2022 | -788.13 million BoP, current US$ | +15.1% |
| 2023 | -1.01 billion BoP, current US$ | +28.4% |
| 2024 | -412.26 million BoP, current US$ | -59.3% |
Liberia compared with similar countries
- Liberia's -412.26 million BoP, current US$ is above the median for low income countries, which is -1.27 billion BoP, current US$, 32% of the median. (23 countries reporting)
- Liberia's -412.26 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -701.38 million BoP, current US$, 59% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Liberia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | -83074.0% | 893,651 BoP, current US$ | -741.50 million BoP, current US$ |
| 1984 | +371.5% | -521,117 BoP, current US$ | 1.41 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 585,718 BoP, current US$ | 585,718 BoP, current US$ | 585,718 BoP, current US$ | 1 |
| 1980s | 1.29 million BoP, current US$ | -521,117 BoP, current US$ | 2.70 million BoP, current US$ | 8 |
| 2000s | -1.10 billion BoP, current US$ | -1.38 billion BoP, current US$ | -741.50 million BoP, current US$ | 6 |
| 2010s | -1.07 billion BoP, current US$ | -1.80 billion BoP, current US$ | -542.98 million BoP, current US$ | 10 |
| 2020s | -693.59 million BoP, current US$ | -1.01 billion BoP, current US$ | -412.26 million BoP, current US$ | 5 |
Countries ranked near Liberia
- 107 Kiribati -354.75 million BoP, current US$ compare
- 108 Comoros -355.58 million BoP, current US$ compare
- 109 Eritrea -402.03 million BoP, current US$ compare
- 111 Vanuatu -427.26 million BoP, current US$ compare
- 112 Burkina Faso -547.37 million BoP, current US$ compare
- 113 Bhutan -564.35 million 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 74.91 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0157 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.35 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 471.54 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0987 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.01 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -7.86 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services in Liberia?
- Net trade in goods and services in Liberia was -412.26 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Liberia?
- The highest recorded value was 2.70 million BoP, current US$ in 1986.
- What is the lowest net trade in goods and services recorded in Liberia?
- The lowest recorded value was -1.80 billion BoP, current US$ in 2014.
- How does Liberia rank for net trade in goods and services?
- Liberia ranks 110th out of 200 countries with data for 2024.
- Is net trade in goods and services rising or falling in Liberia?
- Over the last ten years it is up 77.1%. 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 Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.