Revenue Statistics in Africa - Comparative tax and non-tax revenues in Liberia
Liberia: Revenue Statistics in Africa - Comparative tax and non-tax revenues was 11.75 Percentage of GDP in 2024. ▼ Falling
Revenue Statistics in Africa - Comparative tax and non-tax revenues in Liberia, 2012–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, revenue statistics in africa - comparative tax and non-tax revenues in Liberia stood at 11.75 Percentage of GDP.
The figure is up 0.8% on the previous year and up 0.6% over ten years.
Over the whole period, revenue statistics in africa - comparative tax and non-tax revenues in Liberia peaked at 14.61 Percentage of GDP in 2013 and was at its lowest, 11.63 Percentage of GDP, in 2016.
Liberia ranks 28th of 36 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Revenue Statistics in Africa - Comparative tax and non-tax revenues in Liberia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2012 | 14.5 Percentage of GDP | — |
| 2013 | 14.61 Percentage of GDP | +0.7% |
| 2014 | 11.68 Percentage of GDP | -20.1% |
| 2015 | 11.79 Percentage of GDP | +0.9% |
| 2016 | 11.63 Percentage of GDP | -1.3% |
| 2017 | 11.79 Percentage of GDP | +1.4% |
| 2018 | 12.09 Percentage of GDP | +2.5% |
| 2019 | 11.83 Percentage of GDP | -2.1% |
| 2020 | 13.33 Percentage of GDP | +12.7% |
| 2021 | 14.18 Percentage of GDP | +6.4% |
| 2022 | 12.54 Percentage of GDP | -11.6% |
| 2023 | 11.65 Percentage of GDP | -7.1% |
| 2024 | 11.75 Percentage of GDP | +0.8% |
Liberia compared with similar countries
- Liberia's 11.75 Percentage of GDP is below the median for Sub-Saharan Africa, which is 14.85 Percentage of GDP, 79% of the median. (32 countries reporting)
- Liberia's 11.75 Percentage of GDP is below the median for low income countries, which is 12.19 Percentage of GDP, 96% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 12.49 Percentage of GDP | 11.63 Percentage of GDP | 14.61 Percentage of GDP | 8 |
| 2020s | 12.69 Percentage of GDP | 11.65 Percentage of GDP | 14.18 Percentage of GDP | 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)
- 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 revenue statistics in africa - comparative tax and non-tax revenues in Liberia?
- Revenue statistics in africa - comparative tax and non-tax revenues in Liberia was 11.75 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in africa - comparative tax and non-tax revenues recorded in Liberia?
- The highest recorded value was 14.61 Percentage of GDP in 2013.
- What is the lowest revenue statistics in africa - comparative tax and non-tax revenues recorded in Liberia?
- The lowest recorded value was 11.63 Percentage of GDP in 2016.
- How does Liberia rank for revenue statistics in africa - comparative tax and non-tax revenues?
- Liberia ranks 28th out of 36 countries with data for 2024.
- Is revenue statistics in africa - comparative tax and non-tax revenues rising or falling in Liberia?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is falling.
- Where does this Liberia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Africa - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Africa countries presented as a percentage of GDP and as a share of total tax or non-tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.