Travel services in Liberia
Liberia: Travel services was 9.8% in 2024. ◆ Volatile
Travel services in Liberia, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for travel services in Liberia is 9.8%, measured in 2024.
Compared with earlier readings it is down 37.2% on the previous year and down 78.1% over ten years.
Over the whole period, travel services in Liberia peaked at 45.0% in 2009 and was at its lowest, 8.8%, in 1986.
Liberia ranks 171st of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Travel services in Liberia, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1979 | 29.4% | — |
| 1980 | 38.2% | +29.8% |
| 1981 | 43.5% | +13.9% |
| 1982 | 18.3% | -57.8% |
| 1983 | 16.9% | -8.0% |
| 1984 | 15.2% | -10.1% |
| 1985 | 14.5% | -4.8% |
| 1986 | 8.8% | -39.2% |
| 1987 | 9.5% | +8.4% |
| 2004 | 27.6% | +189.9% |
| 2005 | 31.5% | +14.2% |
| 2006 | 37.0% | +17.2% |
| 2007 | 37.9% | +2.5% |
| 2008 | 31.0% | -18.1% |
| 2009 | 45.0% | +45.1% |
| 2019 | 17.1% | -61.9% |
| 2020 | 12.8% | -25.4% |
| 2021 | 13.6% | +6.6% |
| 2022 | 14.3% | +5.2% |
| 2023 | 15.7% | +9.5% |
| 2024 | 9.8% | -37.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.4% | 29.4% | 29.4% | 1 |
| 1980s | 20.6% | 8.8% | 43.5% | 8 |
| 2000s | 35.0% | 27.6% | 45.0% | 6 |
| 2010s | 17.1% | 17.1% | 17.1% | 1 |
| 2020s | 13.2% | 9.8% | 15.7% | 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)
- 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 travel services in Liberia?
- Travel services in Liberia was 9.8% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Liberia?
- The highest recorded value was 45.0% in 2009.
- What is the lowest travel services recorded in Liberia?
- The lowest recorded value was 8.8% in 1986.
- How does Liberia rank for travel services?
- Liberia ranks 171st out of 198 countries with data for 2024.
- Is travel services rising or falling in Liberia?
- Over the last ten years it is down 78.1%. 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 Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.