Personal remittances, received (current US$) (Personal IMF balance) in Liberia
Liberia: Personal remittances, received (current US$) (Personal IMF balance) was 1.02 billion current US$ in 2024. ◆ Volatile
Personal remittances, received in Liberia, 2004–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, received in Liberia stood at 1.02 billion current US$. That is the highest value across all 21 years on record.
That represents a change of up 7.0% on the previous year and up 98.6% over ten years.
Over the whole period, personal remittances, received in Liberia peaked at 1.02 billion current US$ in 2024 and was at its lowest, 25.12 million current US$, in 2009.
Liberia ranks 96th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$) (Personal IMF balance) in Liberia, year by year
| Year | current US$ | Change |
|---|---|---|
| 2004 | 58.45 million current US$ | — |
| 2005 | 31.86 million current US$ | -45.5% |
| 2006 | 78.81 million current US$ | +147.4% |
| 2007 | 61.98 million current US$ | -21.4% |
| 2008 | 58.12 million current US$ | -6.2% |
| 2009 | 25.12 million current US$ | -56.8% |
| 2010 | 294.23 million current US$ | +1071.5% |
| 2011 | 523.00 million current US$ | +77.8% |
| 2012 | 546.82 million current US$ | +4.6% |
| 2013 | 412.75 million current US$ | -24.5% |
| 2014 | 512.00 million current US$ | +24.0% |
| 2015 | 654.42 million current US$ | +27.8% |
| 2016 | 580.13 million current US$ | -11.4% |
| 2017 | 403.48 million current US$ | -30.5% |
| 2018 | 459.93 million current US$ | +14.0% |
| 2019 | 346.24 million current US$ | -24.7% |
| 2020 | 417.01 million current US$ | +20.4% |
| 2021 | 864.96 million current US$ | +107.4% |
| 2022 | 876.69 million current US$ | +1.4% |
| 2023 | 950.21 million current US$ | +8.4% |
| 2024 | 1.02 billion current US$ | +7.0% |
Liberia compared with similar countries
- Liberia's 1.02 billion current US$ is above the median for low income countries, which is 616.37 million current US$, 1.6× the median. (23 countries reporting)
- Liberia's 1.02 billion current US$ is above the median for Sub-Saharan Africa, which is 403.52 million current US$, 2.5× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$) (Personal IMF balance) 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 |
|---|---|---|---|
| 2010 | +1071.5% | 25.12 million current US$ | 294.23 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.39 million current US$ | 25.12 million current US$ | 78.81 million current US$ | 6 |
| 2010s | 473.30 million current US$ | 294.23 million current US$ | 654.42 million current US$ | 10 |
| 2020s | 825.14 million current US$ | 417.01 million current US$ | 1.02 billion current US$ | 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 personal remittances, received in Liberia?
- Personal remittances, received in Liberia was 1.02 billion current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Liberia?
- The highest recorded value was 1.02 billion current US$ in 2024.
- What is the lowest personal remittances, received recorded in Liberia?
- The lowest recorded value was 25.12 million current US$ in 2009.
- How does Liberia rank for personal remittances, received?
- Liberia ranks 96th out of 197 countries with data for 2024.
- Is personal remittances, received rising or falling in Liberia?
- Over the last ten years it is up 98.6%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.