Total Expenditure (central government) — Value Standard Local Currency in Liberia
Liberia: Total Expenditure (central government) — Value Standard Local Currency was 824.5 million SLC in 2023. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in Liberia, 2004–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, total expenditure (central government) — value standard local currency in Liberia stood at 824.5 million SLC. That is the highest value across all 19 years on record.
That represents a change of up 2.0% on the previous year and up 55.4% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Liberia peaked at 824.5 million SLC in 2023 and was at its lowest, 66.44 million SLC, in 2006.
That places Liberia 164th out of 174 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value Standard Local Currency in Liberia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2004 | 75.42 million SLC | — |
| 2005 | 75.42 million SLC | +0.0% |
| 2006 | 66.44 million SLC | -11.9% |
| 2007 | 123.28 million SLC | +85.6% |
| 2008 | 201.26 million SLC | +63.3% |
| 2009 | 250.5 million SLC | +24.5% |
| 2010 | 297.32 million SLC | +18.7% |
| 2011 | 384.72 million SLC | +29.4% |
| 2012 | 488.22 million SLC | +26.9% |
| 2013 | 530.48 million SLC | +8.7% |
| 2014 | 530.6 million SLC | +0.0% |
| 2015 | 621.7 million SLC | +17.2% |
| 2017 | 545.7 million SLC | -12.2% |
| 2018 | 501.79 million SLC | -8.0% |
| 2019 | 518 million SLC | +3.2% |
| 2020 | 518.48 million SLC | +0.1% |
| 2021 | 638.64 million SLC | +23.2% |
| 2022 | 808.11 million SLC | +26.5% |
| 2023 | 824.5 million SLC | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 132.05 million SLC | 66.44 million SLC | 250.5 million SLC | 6 |
| 2010s | 490.95 million SLC | 297.32 million SLC | 621.7 million SLC | 9 |
| 2020s | 697.43 million SLC | 518.48 million SLC | 824.5 million SLC | 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)
- Industry (including construction), value added (constant 2015 US$) 10.77 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1662 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 152.09 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 10.77 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1622 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 148.49 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 1.35 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.3997 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Liberia?
- Total expenditure (central government) — value standard local currency in Liberia was 824.5 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Liberia?
- The highest recorded value was 824.5 million SLC in 2023.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Liberia?
- The lowest recorded value was 66.44 million SLC in 2006.
- How does Liberia rank for total expenditure (central government) — value standard local currency?
- Liberia ranks 164th out of 174 countries with data for 2023.
- Is total expenditure (central government) — value standard local currency rising or falling in Liberia?
- Over the last ten years it is up 55.4%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.