Liberia |
Gross domestic product, constant prices |
National currency |
Billions |
Source: IMF Staff Estimates. IMF STA preliminary survey; Publish growth rate from 2000 only, no data prior to 1999 due to civil war in the country.
Latest actual data: 2016
Notes: Real GDP are in billions of U.S. dollars. The National Accounts data are staff estimates and are based on the preliminary results of the 2016 Household Income and Expenditure Survey, and of an ongoing STA technical assistance on National Accounts. The pre-2016 data were spliced with a constant ratio. These staff estimates will be replaced once official data become available.
National accounts manual used: System of National Accounts (SNA) 1993
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2018. Official base year is 1992.
Chain-weighted: No
Primary domestic currency: US dollar
Data last updated: 08/2021
|
3.264 |
3.182 |
3.088 |
3.198 |
3.349 |
3.511 |
3.712 |
3.919 |
4.140 |
2016 |
Liberia |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
1.242 |
-2.516 |
-2.967 |
3.561 |
4.724 |
4.853 |
5.733 |
5.572 |
5.636 |
2016 |
Liberia |
Gross domestic product, current prices |
National currency |
Billions |
Source: IMF Staff Estimates. IMF STA preliminary survey; Publish growth rate from 2000 only, no data prior to 1999 due to civil war in the country.
Latest actual data: 2016
Notes: Real GDP are in billions of U.S. dollars. The National Accounts data are staff estimates and are based on the preliminary results of the 2016 Household Income and Expenditure Survey, and of an ongoing STA technical assistance on National Accounts. The pre-2016 data were spliced with a constant ratio. These staff estimates will be replaced once official data become available.
National accounts manual used: System of National Accounts (SNA) 1993
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2018. Official base year is 1992.
Chain-weighted: No
Primary domestic currency: US dollar
Data last updated: 08/2021
|
3.264 |
3.080 |
3.037 |
3.384 |
3.664 |
3.794 |
4.086 |
4.403 |
4.743 |
2016 |
Liberia |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
3.264 |
3.080 |
3.037 |
3.384 |
3.664 |
3.794 |
4.086 |
4.403 |
4.743 |
2016 |
Liberia |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
7.467 |
7.409 |
7.276 |
7.807 |
8.401 |
9.018 |
9.752 |
10.519 |
11.343 |
2016 |
Liberia |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
100.000 |
96.800 |
98.368 |
105.845 |
109.428 |
108.069 |
110.051 |
112.347 |
114.557 |
2016 |
Liberia |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
731.317 |
695.130 |
657.837 |
664.565 |
678.987 |
694.672 |
716.789 |
738.611 |
761.690 |
2016 |
Liberia |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
1,633.921 |
1,553.072 |
1,469.751 |
1,484.783 |
1,517.005 |
1,552.049 |
1,601.465 |
1,650.218 |
1,701.783 |
2016 |
Liberia |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
731.317 |
672.882 |
647.100 |
703.406 |
743.004 |
750.723 |
788.837 |
829.805 |
872.572 |
2016 |
Liberia |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
731.317 |
672.882 |
647.100 |
703.406 |
743.004 |
750.723 |
788.837 |
829.805 |
872.572 |
2016 |
Liberia |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
1,672.953 |
1,618.619 |
1,550.241 |
1,622.533 |
1,703.371 |
1,784.188 |
1,882.956 |
1,982.427 |
2,086.736 |
2016 |
Liberia |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.006 |
0.005 |
0.006 |
0.005 |
0.005 |
0.005 |
0.006 |
0.006 |
0.006 |
2016 |
Liberia |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.437 |
0.416 |
0.417 |
0.434 |
0.436 |
0.421 |
0.419 |
0.419 |
0.418 |
2016 |
Liberia |
Inflation, average consumer prices |
Index |
|
Source: Central Bank of Liberia; Publish growth rate from 2000 only, no data prior to 1999 due to civil war in the country.
Latest actual data: 2019
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2000. 12-month average
Primary domestic currency: US dollar
Data last updated: 08/2021
|
576.618 |
732.129 |
856.247 |
906.486 |
1,013.516 |
1,110.403 |
1,170.356 |
1,228.876 |
1,290.319 |
2019 |
Liberia |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
23.547 |
26.969 |
16.953 |
5.867 |
11.807 |
9.559 |
5.399 |
5.000 |
5.000 |
2019 |
Liberia |
Inflation, end of period consumer prices |
Index |
|
Source: Central Bank of Liberia; Publish growth rate from 2000 only, no data prior to 1999 due to civil war in the country.
Latest actual data: 2019
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2000. 12-month average
Primary domestic currency: US dollar
Data last updated: 08/2021
|
645.833 |
776.619 |
878.530 |
945.362 |
1,071.158 |
1,139.588 |
1,196.706 |
1,256.542 |
1,319.369 |
2019 |
Liberia |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
28.525 |
20.251 |
13.122 |
7.607 |
13.307 |
6.388 |
5.012 |
5.000 |
5.000 |
2019 |
Liberia |
Volume of imports of goods and services |
Percent change |
|
Source: Central Bank. Central Bank of Liberia
Latest actual data: 2019
Notes: The imports data for 2010-2017 were replaced by custom-based ASYCUDA data, which recently became available to the team. Exports data have been revised up based on the preliminary estimates of the GDP revision. These staff estimates will be replaced once official data become available.
Base year: 2018
Methodology used to derive volumes: Deflation by survey-based price indexes
Formula used to derive volumes: Laspeyres-type
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Other;
Oil coverage: Other;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: US dollar
Data last updated: 08/2021
|
-6.963 |
-5.743 |
-9.451 |
0.461 |
7.707 |
3.449 |
3.632 |
1.444 |
-0.446 |
2019 |
Liberia |
Volume of Imports of goods |
Percent change |
|
Source: Central Bank. Central Bank of Liberia
Latest actual data: 2019
Notes: The imports data for 2010-2017 were replaced by custom-based ASYCUDA data, which recently became available to the team. Exports data have been revised up based on the preliminary estimates of the GDP revision. These staff estimates will be replaced once official data become available.
Base year: 2018
Methodology used to derive volumes: Deflation by survey-based price indexes
Formula used to derive volumes: Laspeyres-type
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Other;
Oil coverage: Other;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: US dollar
Data last updated: 08/2021
|
-7.577 |
-12.066 |
4.774 |
1.459 |
10.503 |
0.573 |
2.426 |
1.797 |
1.678 |
2019 |
Liberia |
Volume of exports of goods and services |
Percent change |
|
Source: Central Bank. Central Bank of Liberia
Latest actual data: 2019
Notes: The imports data for 2010-2017 were replaced by custom-based ASYCUDA data, which recently became available to the team. Exports data have been revised up based on the preliminary estimates of the GDP revision. These staff estimates will be replaced once official data become available.
Base year: 2018
Methodology used to derive volumes: Deflation by survey-based price indexes
Formula used to derive volumes: Laspeyres-type
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Other;
Oil coverage: Other;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: US dollar
Data last updated: 08/2021
|
30.634 |
1.605 |
-10.107 |
26.872 |
2.768 |
2.722 |
3.194 |
2.523 |
1.816 |
2019 |
Liberia |
Volume of exports of goods |
Percent change |
|
Source: Central Bank. Central Bank of Liberia
Latest actual data: 2019
Notes: The imports data for 2010-2017 were replaced by custom-based ASYCUDA data, which recently became available to the team. Exports data have been revised up based on the preliminary estimates of the GDP revision. These staff estimates will be replaced once official data become available.
Base year: 2018
Methodology used to derive volumes: Deflation by survey-based price indexes
Formula used to derive volumes: Laspeyres-type
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Other;
Oil coverage: Other;
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: US dollar
Data last updated: 08/2021
|
66.922 |
2.282 |
4.320 |
32.441 |
2.692 |
1.061 |
2.482 |
2.733 |
2.979 |
2019 |
Liberia |
Population |
Persons |
Millions |
Source: National Statistics Office. Publish growth rate from 2000 only, no data prior to 1999 due to civil war in the country.
Latest actual data: 2016
Primary domestic currency: US dollar
Data last updated: 08/2021
|
4.463 |
4.578 |
4.694 |
4.812 |
4.932 |
5.054 |
5.179 |
5.306 |
5.436 |
2016 |
Liberia |
General government revenue |
National currency |
Billions |
Source: Ministry of Finance or Treasury. GGRSS, GGROPI, GGESS, GGAAN_T, GGAAFPL_T, GGCB and GGSB are not available, because the authorities do not generate those data.
Latest actual data: 2019
Notes: Grants include most of off-budget grant disbursements. The fiscal data are observed from 2014, and the historical series are spliced. Debt relief was granted in 2009, which explained the high number for that year in general government net lending/borrowing.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Loans; Other Accounts Receivable/Payable
Primary domestic currency: US dollar
Data last updated: 08/2021
|
0.875 |
0.889 |
0.911 |
0.972 |
1.019 |
1.087 |
1.169 |
1.235 |
1.184 |
2019 |
Liberia |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
26.809 |
28.861 |
30.000 |
28.712 |
27.812 |
28.646 |
28.604 |
28.038 |
24.961 |
2019 |
Liberia |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Finance or Treasury. GGRSS, GGROPI, GGESS, GGAAN_T, GGAAFPL_T, GGCB and GGSB are not available, because the authorities do not generate those data.
Latest actual data: 2019
Notes: Grants include most of off-budget grant disbursements. The fiscal data are observed from 2014, and the historical series are spliced. Debt relief was granted in 2009, which explained the high number for that year in general government net lending/borrowing.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Loans; Other Accounts Receivable/Payable
Primary domestic currency: US dollar
Data last updated: 08/2021
|
1.042 |
1.031 |
0.990 |
1.032 |
1.080 |
1.139 |
1.208 |
1.272 |
1.295 |
2019 |
Liberia |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
31.925 |
33.461 |
32.579 |
30.491 |
29.461 |
30.015 |
29.575 |
28.898 |
27.312 |
2019 |
Liberia |
General government net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury. GGRSS, GGROPI, GGESS, GGAAN_T, GGAAFPL_T, GGCB and GGSB are not available, because the authorities do not generate those data.
Latest actual data: 2019
Notes: Grants include most of off-budget grant disbursements. The fiscal data are observed from 2014, and the historical series are spliced. Debt relief was granted in 2009, which explained the high number for that year in general government net lending/borrowing.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Loans; Other Accounts Receivable/Payable
Primary domestic currency: US dollar
Data last updated: 08/2021
|
-0.167 |
-0.142 |
-0.078 |
-0.060 |
-0.060 |
-0.052 |
-0.040 |
-0.038 |
-0.112 |
2019 |
Liberia |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
-5.116 |
-4.599 |
-2.579 |
-1.779 |
-1.648 |
-1.369 |
-0.971 |
-0.861 |
-2.351 |
2019 |
Liberia |
General government primary net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury. GGRSS, GGROPI, GGESS, GGAAN_T, GGAAFPL_T, GGCB and GGSB are not available, because the authorities do not generate those data.
Latest actual data: 2019
Notes: Grants include most of off-budget grant disbursements. The fiscal data are observed from 2014, and the historical series are spliced. Debt relief was granted in 2009, which explained the high number for that year in general government net lending/borrowing.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Loans; Other Accounts Receivable/Payable
Primary domestic currency: US dollar
Data last updated: 08/2021
|
-0.139 |
-0.108 |
-0.049 |
-0.036 |
-0.039 |
-0.031 |
-0.022 |
-0.017 |
-0.081 |
2019 |
Liberia |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
-4.273 |
-3.521 |
-1.629 |
-1.075 |
-1.065 |
-0.820 |
-0.527 |
-0.396 |
-1.706 |
2019 |
Liberia |
General government net debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury. GGRSS, GGROPI, GGESS, GGAAN_T, GGAAFPL_T, GGCB and GGSB are not available, because the authorities do not generate those data.
Latest actual data: 2019
Notes: Grants include most of off-budget grant disbursements. The fiscal data are observed from 2014, and the historical series are spliced. Debt relief was granted in 2009, which explained the high number for that year in general government net lending/borrowing.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Loans; Other Accounts Receivable/Payable
Primary domestic currency: US dollar
Data last updated: 08/2021
|
1.256 |
1.679 |
1.860 |
1.802 |
1.894 |
1.972 |
2.019 |
2.091 |
2.283 |
2019 |
Liberia |
General government net debt |
Percent of GDP |
|
See notes for:
General government net debt (National currency).
|
38.489 |
54.510 |
61.235 |
53.241 |
51.694 |
51.975 |
49.417 |
47.486 |
48.130 |
2019 |
Liberia |
General government gross debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury. GGRSS, GGROPI, GGESS, GGAAN_T, GGAAFPL_T, GGCB and GGSB are not available, because the authorities do not generate those data.
Latest actual data: 2019
Notes: Grants include most of off-budget grant disbursements. The fiscal data are observed from 2014, and the historical series are spliced. Debt relief was granted in 2009, which explained the high number for that year in general government net lending/borrowing.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Loans; Other Accounts Receivable/Payable
Primary domestic currency: US dollar
Data last updated: 08/2021
|
1.310 |
1.689 |
1.880 |
1.916 |
2.008 |
2.086 |
2.125 |
2.197 |
2.345 |
2019 |
Liberia |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
40.134 |
54.848 |
61.887 |
56.608 |
54.804 |
54.979 |
52.006 |
49.888 |
49.435 |
2019 |
Liberia |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: Ministry of Finance or Treasury. GGRSS, GGROPI, GGESS, GGAAN_T, GGAAFPL_T, GGCB and GGSB are not available, because the authorities do not generate those data.
Latest actual data: 2019
Notes: Grants include most of off-budget grant disbursements. The fiscal data are observed from 2014, and the historical series are spliced. Debt relief was granted in 2009, which explained the high number for that year in general government net lending/borrowing.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Accrual
General government includes: Central Government;
Valuation of public debt: Face value
Instruments included in gross and net debt: Currency and Deposits; Loans; Other Accounts Receivable/Payable
Primary domestic currency: US dollar
Data last updated: 08/2021
|
3.264 |
3.080 |
3.037 |
3.384 |
3.664 |
3.794 |
4.086 |
4.403 |
4.743 |
2019 |
Liberia |
Current account balance |
U.S. dollars |
Billions |
Source: Central Bank. Publish from 2000 only, no reliable data due to civil war in the country. The current account balance is in millions of U.S. dollars.
Latest actual data: 2019
BOP Manual used: Balance of Payments Manual, fifth edition (BPM5). Authorities provided data in BPM5. Country team converted them to BPM6.
Primary domestic currency: US dollar
Data last updated: 08/2021
|
-0.700 |
-0.597 |
-0.531 |
-0.562 |
-0.750 |
-0.790 |
-0.841 |
-0.866 |
-0.888 |
2019 |
Liberia |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
-21.455 |
-19.374 |
-17.485 |
-16.609 |
-20.477 |
-20.809 |
-20.574 |
-19.672 |
-18.732 |
2016 |