Volume of remittances (in United States dollars) as a proportion of in Liberia
Liberia: Volume of remittances (in United States dollars) as a proportion of was 21.3% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Liberia, 2004–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Liberia recorded 21.3% for volume of remittances (in united states dollars) as a proportion of in 2024.
Compared with earlier readings it is down 1.7% on the previous year and up 34.0% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Liberia peaked at 24.6% in 2021 and was at its lowest, 1.4%, in 2009.
That places Liberia 14th out of 203 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Volume of remittances (in United States dollars) as a proportion of in Liberia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 6.5% | — |
| 2005 | 3.4% | -48.5% |
| 2006 | 7.0% | +109.8% |
| 2007 | 4.5% | -35.9% |
| 2008 | 3.4% | -25.4% |
| 2009 | 1.4% | -57.8% |
| 2010 | 14.7% | +936.6% |
| 2011 | 21.8% | +48.1% |
| 2012 | 19.6% | -10.2% |
| 2013 | 13.0% | -33.7% |
| 2014 | 15.9% | +22.2% |
| 2015 | 20.3% | +27.8% |
| 2016 | 17.1% | -15.8% |
| 2017 | 11.9% | -30.3% |
| 2018 | 13.4% | +12.9% |
| 2019 | 10.4% | -22.4% |
| 2020 | 13.1% | +25.9% |
| 2021 | 24.6% | +87.5% |
| 2022 | 21.9% | -11.0% |
| 2023 | 21.6% | -1.2% |
| 2024 | 21.3% | -1.7% |
Liberia compared with similar countries
- Liberia's 21.3% is above the median for low income countries, which is 3.8%, 5.6× the median. (18 countries reporting)
- Liberia's 21.3% is above the median for Sub-Saharan Africa, which is 2.9%, 7.3× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of in Liberia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +936.6% | 1.4% | 14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.4% | 1.4% | 7.0% | 6 |
| 2010s | 15.8% | 10.4% | 21.8% | 10 |
| 2020s | 20.5% | 13.1% | 24.6% | 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 volume of remittances (in united states dollars) as a proportion of in Liberia?
- Volume of remittances (in united states dollars) as a proportion of in Liberia was 21.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Liberia?
- The highest recorded value was 24.6% in 2021.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Liberia?
- The lowest recorded value was 1.4% in 2009.
- How does Liberia rank for volume of remittances (in united states dollars) as a proportion of?
- Liberia ranks 14th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Liberia?
- Over the last ten years it is up 34.0%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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