Total debt service in Liberia
Liberia: Total debt service was 3.1% in 2024. ◆ Volatile
Total debt service in Liberia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Liberia stood at 3.1%.
The figure is up 2.5% on the previous year and up 416.4% over ten years.
Over the whole period, total debt service in Liberia peaked at 59.7% in 2008 and was at its lowest, 0.1%, in 1997.
That places Liberia 81st out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Liberia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 6.4% | — |
| 1971 | 5.5% | -13.9% |
| 1972 | 4.6% | -16.1% |
| 1973 | 4.7% | +1.3% |
| 1974 | 3.9% | -15.9% |
| 1975 | 5.2% | +31.8% |
| 1976 | 3.7% | -28.9% |
| 1977 | 3.4% | -6.7% |
| 1978 | 3.2% | -7.1% |
| 1979 | 8.0% | +152.3% |
| 1980 | 5.6% | -30.7% |
| 1981 | 4.9% | -11.8% |
| 1982 | 5.6% | +13.1% |
| 1983 | 5.3% | -5.2% |
| 1984 | 6.9% | +31.8% |
| 1985 | 4.2% | -38.9% |
| 1986 | 3.7% | -13.5% |
| 1987 | 1.7% | -52.4% |
| 1988 | 2.5% | +40.5% |
| 1989 | 0.6% | -77.6% |
| 1990 | 0.6% | +9.6% |
| 1991 | 3.6% | +494.2% |
| 1992 | 0.2% | -94.9% |
| 1993 | 10.1% | +5399.6% |
| 1994 | 8.1% | -19.3% |
| 1995 | 0.9% | -89.0% |
| 1996 | 0.7% | -27.4% |
| 1997 | 0.1% | -92.2% |
| 1998 | 0.2% | +345.3% |
| 1999 | 0.8% | +253.1% |
| 2000 | 0.2% | -69.8% |
| 2001 | 0.2% | -20.5% |
| 2002 | 0.2% | +1.3% |
| 2003 | 0.1% | -42.3% |
| 2004 | 0.2% | +70.3% |
| 2005 | 0.2% | +22.2% |
| 2006 | 0.2% | -6.7% |
| 2007 | 52.8% | +24249.6% |
| 2008 | 59.7% | +13.1% |
| 2009 | 1.7% | -97.2% |
| 2010 | 0.3% | -80.0% |
| 2011 | 0.1% | -58.2% |
| 2012 | 0.2% | +31.6% |
| 2013 | 0.2% | +17.9% |
| 2014 | 0.6% | +176.2% |
| 2015 | 1.5% | +154.9% |
| 2016 | 0.4% | -74.9% |
| 2017 | 0.5% | +39.4% |
| 2018 | 0.8% | +51.3% |
| 2019 | 1.3% | +58.0% |
| 2020 | 2.6% | +101.6% |
| 2021 | 1.8% | -29.8% |
| 2022 | 2.3% | +25.3% |
| 2023 | 3.0% | +33.4% |
| 2024 | 3.1% | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.9% | 3.2% | 8.0% | 10 |
| 1980s | 4.1% | 0.6% | 6.9% | 10 |
| 1990s | 2.5% | 0.1% | 10.1% | 10 |
| 2000s | 11.6% | 0.1% | 59.7% | 10 |
| 2010s | 0.6% | 0.1% | 1.5% | 10 |
| 2020s | 2.6% | 1.8% | 3.1% | 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 total debt service in Liberia?
- Total debt service in Liberia was 3.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Liberia?
- The highest recorded value was 59.7% in 2008.
- What is the lowest total debt service recorded in Liberia?
- The lowest recorded value was 0.1% in 1997.
- How does Liberia rank for total debt service?
- Liberia ranks 81st out of 122 countries with data for 2024.
- Is total debt service rising or falling in Liberia?
- Over the last ten years it is up 416.4%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.