Taxes on goods and services as share of GDP in Liberia
Liberia: Taxes on goods and services as share of GDP was 1.5% in 2023. ▼ Falling
Taxes on goods and services as share of GDP in Liberia, 2018–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
In 2023, taxes on goods and services as share of gdp in Liberia stood at 1.5%.
That represents a change of up 1.3% on the previous year and down 28.9% over ten years.
That places Liberia 180th out of 187 countries with data for 2023, putting it in the bottom quarter.
Taxes on goods and services as share of GDP in Liberia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2018 | 2.1% | — |
| 2019 | 2.1% | +1.4% |
| 2020 | 2.3% | +6.0% |
| 2021 | 1.9% | -14.7% |
| 2022 | 1.5% | -23.4% |
| 2023 | 1.5% | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.1% | 2.1% | 2.1% | 2 |
| 2020s | 1.8% | 1.5% | 2.3% | 4 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9716 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 889.34 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9716 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 889.34 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7215 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes on goods and services as share of gdp in Liberia?
- Taxes on goods and services as share of gdp in Liberia was 1.5% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on goods and services as share of gdp recorded in Liberia?
- The highest recorded value was 2.3% in 2020.
- What is the lowest taxes on goods and services as share of gdp recorded in Liberia?
- The lowest recorded value was 1.5% in 2022.
- How does Liberia rank for taxes on goods and services as share of gdp?
- Liberia ranks 180th out of 187 countries with data for 2023.
- Is taxes on goods and services as share of gdp rising or falling in Liberia?
- Over the last ten years it is down 28.9%. The long-run trend across the full record is falling.
- Where does this Liberia data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on goods and services as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on goods and services (including sales taxes, value added taxes and excise duties) divided by gross domestic product, expressed as a percentage.