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

Latest (2024)
-412.26 million BoP, current US$
Change on year
up 59.3%
World rank
110th
of 198 countries
All-time high
2.70 million BoP, current US$
in 1986
All-time low
-1.80 billion BoP, current US$
in 2014
Years of data
30
1979–2024

Net trade in goods and services in Liberia, 1979–2024

-2.0B-1.5B-1.0B-500.0M01979200120241979: 585.7k BoP, current US$1980: 1.4M BoP, current US$1981: 1.3M BoP, current US$1982: 600.8k BoP, current US$1983: -521.1k BoP, current US$1984: 1.4M BoP, current US$1985: 2.6M BoP, current US$1986: 2.7M BoP, current US$1987: 893.7k BoP, current US$2004: -741.5M BoP, current US$2005: -816.4M BoP, current US$2006: -1.2B BoP, current US$2007: -1.2B BoP, current US$2008: -1.4B BoP, current US$2009: -1.3B BoP, current US$2010: -543.0M BoP, current US$2011: -1.0B BoP, current US$2012: -1.5B BoP, current US$2013: -1.2B BoP, current US$2014: -1.8B BoP, current US$2015: -1.4B BoP, current US$2016: -1.1B BoP, current US$2017: -802.6M BoP, current US$2018: -718.1M BoP, current US$2019: -689.8M BoP, current US$2020: -570.7M BoP, current US$2021: -684.9M BoP, current US$2022: -788.1M BoP, current US$2023: -1.0B BoP, current US$2024: -412.3M BoP, current US$

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 198 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 107 Kiribati -354.75 million BoP, current US$ compare
  2. 108 Comoros -355.58 million BoP, current US$ compare
  3. 109 Eritrea -402.03 million BoP, current US$ compare
  4. 111 Vanuatu -427.26 million BoP, current US$ compare
  5. 112 Burkina Faso -547.37 million BoP, current US$ compare
  6. 113 Bhutan -564.35 million BoP, current US$ compare

See the full ranking of 200 places →

More economy & growth data for Liberia

All data for Liberia →

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 198 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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CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Net trade in goods and services (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,808 data points, 1960–2025
Last refreshed

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.