Liberia recorded a Current Account deficit of 15.80 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Liberia averaged -24.85 percent from 1979 until 2017, reaching an all time high of 8.91 percent in 1981 and a record low of -64.70 percent in 2011.

Current Account to GDP in Liberia is expected to be -20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Liberia Current Account to GDP is projected to trend around -23.00 percent in 2020, according to our econometric models.

Liberia Current Account to GDP
Forecast Data Chart
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Liberia Trade Last Previous Highest Lowest Unit
Balance of Trade -41.70 -18.20 15.10 -198.02 USD Million [+]
Current Account -161.00 -252.50 245.60 -1069.00 USD Million [+]
Current Account to GDP -15.80 -25.10 8.91 -64.70 percent [+]
Exports 55.70 48.50 83.50 0.00 USD Million [+]
Imports 97.40 66.70 219.06 3.40 USD Million [+]
External Debt 711.50 676.40 1681.92 222.80 USD Million [+]
Terrorism Index 0.21 0.13 3.01 0.00 [+]

Liberia Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Liberia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Liberia Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-15.80 -25.10 8.91 -64.70 1979 - 2017 percent Yearly

Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 2.90 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.80 May/19
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -2.60 Dec/18
Indonesia -3.00 Dec/18
Turkey -3.50 Dec/18
South Africa -3.60 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18