Value added, services and etc growth rate in Liberia
Liberia: Value added, services and etc growth rate was 6.0% in 2011. ◆ Volatile
Value added, services and etc growth rate in Liberia, 2001–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in %.
Analysis
Liberia recorded 6.0% for value added, services and etc growth rate in 2011.
The figure is down 49.8% on the previous year and down 65.4% over ten years.
Over the whole period, value added, services and etc growth rate in Liberia peaked at 35.9% in 2002 and was at its lowest, -5.3%, in 2003.
That places Liberia 22nd out of 49 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value added, services and etc growth rate in Liberia, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 17.2% | — |
| 2002 | 35.9% | +108.2% |
| 2003 | -5.3% | -114.8% |
| 2004 | 12.3% | -330.6% |
| 2005 | 13.1% | +6.4% |
| 2006 | 15.6% | +19.3% |
| 2007 | 17.8% | +14.0% |
| 2008 | 8.2% | -54.1% |
| 2009 | 15.2% | +86.8% |
| 2010 | 11.9% | -22.1% |
| 2011 | 6.0% | -49.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.4% | -5.3% | 35.9% | 9 |
| 2010s | 8.9% | 6.0% | 11.9% | 2 |
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)
- GDP (constant 2015 US$), annual growth rate 5.02 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7473 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 684.04 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 5.02 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.7994 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 731.74 constant LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 12.53 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9067 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added, services and etc growth rate in Liberia?
- Value added, services and etc growth rate in Liberia was 6.0% in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest value added, services and etc growth rate recorded in Liberia?
- The highest recorded value was 35.9% in 2002.
- What is the lowest value added, services and etc growth rate recorded in Liberia?
- The lowest recorded value was -5.3% in 2003.
- How does Liberia rank for value added, services and etc growth rate?
- Liberia ranks 22nd out of 49 countries with data for 2011.
- Is value added, services and etc growth rate rising or falling in Liberia?
- Over the last ten years it is down 65.4%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Value added, services and etc growth rate (%). Statizoid updates them automatically from the source API.
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About this data
This is the annual rate of growth of value added in services. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 2.