Trade in services as share of GDP in Liberia
Liberia: Trade in services as share of GDP was 6.2% in 2024. ◆ Volatile
Trade in services as share of GDP in Liberia, 1979–2024
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2024, trade in services as share of gdp in Liberia stood at 6.2%.
The figure is down 4.5% on the previous year and down 78.3% over ten years.
Over the whole period, trade in services as share of gdp in Liberia peaked at 144.0% in 2006 and was at its lowest, 0.2%, in 1981.
That places Liberia 186th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Trade in services as share of GDP in Liberia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1979 | 0.2% | — |
| 1980 | 0.2% | -4.9% |
| 1981 | 0.2% | -17.4% |
| 1982 | 0.3% | +74.1% |
| 1983 | 0.4% | +23.9% |
| 1984 | 0.3% | -14.7% |
| 1985 | 0.3% | -11.6% |
| 1986 | 0.4% | +21.2% |
| 1987 | 0.3% | -20.3% |
| 2004 | 110.6% | +39338.6% |
| 2005 | 112.6% | +1.8% |
| 2006 | 144.0% | +27.9% |
| 2007 | 116.2% | -19.3% |
| 2008 | 111.3% | -4.2% |
| 2009 | 80.3% | -27.9% |
| 2010 | 23.9% | -70.2% |
| 2011 | 23.8% | -0.7% |
| 2012 | 23.6% | -0.8% |
| 2013 | 23.0% | -2.4% |
| 2014 | 28.5% | +23.8% |
| 2015 | 15.3% | -46.2% |
| 2016 | 9.1% | -40.5% |
| 2017 | 8.7% | -4.2% |
| 2018 | 6.3% | -28.2% |
| 2019 | 9.7% | +54.2% |
| 2020 | 7.9% | -18.3% |
| 2021 | 8.3% | +5.4% |
| 2022 | 8.7% | +4.4% |
| 2023 | 6.5% | -25.6% |
| 2024 | 6.2% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2% | 0.2% | 0.2% | 1 |
| 1980s | 0.3% | 0.2% | 0.4% | 8 |
| 2000s | 112.5% | 80.3% | 144.0% | 6 |
| 2010s | 17.2% | 6.3% | 28.5% | 10 |
| 2020s | 7.5% | 6.2% | 8.7% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0228 current US$ per US$ of GDP (2011)
- Manufacturing, value added (current US$), per capita 12.94 current US$ per person (2011)
- Manufacturing, value added (current LCU), per unit of GDP 0.0228 current LCU per US$ of GDP (2011)
- Manufacturing, value added (current LCU), per capita 12.94 current LCU per person (2011)
- Industry (including construction), value added (current US$), annual 22.57 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2453 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 224.56 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 22.57 % change on previous year (2025)
Frequently asked questions
- What is trade in services as share of gdp in Liberia?
- Trade in services as share of gdp in Liberia was 6.2% in 2024, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Liberia?
- The highest recorded value was 144.0% in 2006.
- What is the lowest trade in services as share of gdp recorded in Liberia?
- The lowest recorded value was 0.2% in 1981.
- How does Liberia rank for trade in services as share of gdp?
- Liberia ranks 186th out of 198 countries with data for 2024.
- Is trade in services as share of gdp rising or falling in Liberia?
- Over the last ten years it is down 78.3%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).