Service exports in Liberia
Liberia: Service exports was 42.64 million BoP, current US$ in 2024. ◆ Volatile
Service exports in Liberia, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Liberia recorded 42.64 million BoP, current US$ for service exports in 2024.
Compared with earlier readings it is up 6.6% on the previous year and down 82.6% over ten years.
Over the whole period, service exports in Liberia peaked at 509.61 million BoP, current US$ in 2008 and was at its lowest, 247,638 BoP, current US$, in 1981.
That places Liberia 193rd out of 200 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports in Liberia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1979 | 366,074 BoP, current US$ | — |
| 1980 | 282,092 BoP, current US$ | -22.9% |
| 1981 | 247,638 BoP, current US$ | -12.2% |
| 1982 | 704,154 BoP, current US$ | +184.3% |
| 1983 | 829,049 BoP, current US$ | +17.7% |
| 1984 | 794,595 BoP, current US$ | -4.2% |
| 1985 | 745,068 BoP, current US$ | -6.2% |
| 1986 | 1.23 million BoP, current US$ | +64.5% |
| 1987 | 1.13 million BoP, current US$ | -7.7% |
| 2004 | 212.39 million BoP, current US$ | +18687.0% |
| 2005 | 213.24 million BoP, current US$ | +0.4% |
| 2006 | 336.50 million BoP, current US$ | +57.8% |
| 2007 | 346.17 million BoP, current US$ | +2.9% |
| 2008 | 509.61 million BoP, current US$ | +47.2% |
| 2009 | 274.10 million BoP, current US$ | -46.2% |
| 2010 | 125.31 million BoP, current US$ | -54.3% |
| 2011 | 120.74 million BoP, current US$ | -3.6% |
| 2012 | 99.40 million BoP, current US$ | -17.7% |
| 2013 | 95.39 million BoP, current US$ | -4.0% |
| 2014 | 245.69 million BoP, current US$ | +157.6% |
| 2015 | 198.80 million BoP, current US$ | -19.1% |
| 2016 | 87.12 million BoP, current US$ | -56.2% |
| 2017 | 61.77 million BoP, current US$ | -29.1% |
| 2018 | 10.39 million BoP, current US$ | -83.2% |
| 2019 | 11.08 million BoP, current US$ | +6.6% |
| 2020 | 34.48 million BoP, current US$ | +211.2% |
| 2021 | 32.08 million BoP, current US$ | -7.0% |
| 2022 | 30.52 million BoP, current US$ | -4.9% |
| 2023 | 40.02 million BoP, current US$ | +31.1% |
| 2024 | 42.64 million BoP, current US$ | +6.6% |
Liberia compared with similar countries
- Liberia's 42.64 million BoP, current US$ is below the median for low income countries, which is 508.03 million BoP, current US$, 8% of the median. (23 countries reporting)
- Liberia's 42.64 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 514.12 million BoP, current US$, 8% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Service exports in Liberia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +18687.0% | 1.13 million BoP, current US$ | 212.39 million BoP, current US$ |
| 2020 | +211.2% | 11.08 million BoP, current US$ | 34.48 million BoP, current US$ |
| 1982 | +184.3% | 247,638 BoP, current US$ | 704,154 BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 366,074 BoP, current US$ | 366,074 BoP, current US$ | 366,074 BoP, current US$ | 1 |
| 1980s | 744,798 BoP, current US$ | 247,638 BoP, current US$ | 1.23 million BoP, current US$ | 8 |
| 2000s | 315.33 million BoP, current US$ | 212.39 million BoP, current US$ | 509.61 million BoP, current US$ | 6 |
| 2010s | 105.57 million BoP, current US$ | 10.39 million BoP, current US$ | 245.69 million BoP, current US$ | 10 |
| 2020s | 35.94 million BoP, current US$ | 30.52 million BoP, current US$ | 42.64 million BoP, current US$ | 5 |
Countries ranked near Liberia
- 190 Chad 54.79 million BoP, current US$ compare
- 191 Guinea-Bissau 51.01 million BoP, current US$ compare
- 192 Sierra Leone 49.60 million BoP, current US$ compare
- 194 Micronesia (country) 38.10 million BoP, current US$ compare
- 195 Central African Republic 33.14 million BoP, current US$ compare
- 196 Marshall Islands 21.14 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$), annual growth rate -7.86 % change on previous year (2025)
Frequently asked questions
- What is service exports in Liberia?
- Service exports in Liberia was 42.64 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Liberia?
- The highest recorded value was 509.61 million BoP, current US$ in 2008.
- What is the lowest service exports recorded in Liberia?
- The lowest recorded value was 247,638 BoP, current US$ in 1981.
- How does Liberia rank for service exports?
- Liberia ranks 193rd out of 200 countries with data for 2024.
- Is service exports rising or falling in Liberia?
- Over the last ten years it is down 82.6%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. 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.