This page has economic forecasts for Liberia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Liberia economy.


MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 157.40
 157 158 160 161 167
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 2.50
percent		 4.2 3.32 1.85 1.12 3.87
GDP 2.16
USD Billion		 2.2 2.2 2.2 2.2 2.4
GDP per capita 352.30
USD		 360 370 370 370 370
GDP per capita PPP 752.79
USD		 724 551 551 714 705
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 2.40
percent		 2.5 2.7 2.7 2.7 2.7
Population 4.70
Million		 4.8 4.82 4.85 4.88 5.11
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 26.10
percent		 16.4 15.6 13.6 12 10
Food Inflation 23.70
percent		 17.95 15.72 14.3 13.4 11.88
Consumer Price Index Cpi 353.88
Index Points		 361 377 402 396 445
Cpi Housing Utilities 165.75
Index Points		 157 157 157 157 157
Cpi Transportation 567.82
Index Points		 487 487 487 487 487
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 13.00
percent		 13 13 12.5 12.5 11
Deposit Interest Rate 3.85
percent		 3.85 3.85 3.35 3.35 1.85
Money Supply M1 63449.00
LRD Million		 69311 72151 75244 76669 87147
Money Supply M2 95801.19
LRD Million		 105195 109999 115151 120069 158548
Central Bank Balance Sheet 125184037.00
LRD Thousand		 125283761 125287716 125288270 125288315 125288318
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -62.70
USD Million		 -52.51 -52.55 -52.51 -52.51 -52.51
Exports 23.50
USD Million		 29.95 30.02 30.04 30.04 30.04
Imports 86.20
USD Million		 82.45 82.57 82.55 82.55 82.55
Current Account -134.10
USD Million		 -210 -205 -207 -215 -221
Current Account to GDP -15.80
percent		 -35 -32 -32 -32 -30
External Debt 676.40
USD Million		 680 681 681 681 681
Terrorism Index 0.13
 0.13 0.13 0.13 0.13 0.13
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 28.80
percent		 25 21 21 21 19
Government Budget -4.10
percent of GDP		 -4.1 -4.1 -4.1 -4.1 -4.1
Military Expenditure 13.40
USD Million		 13.62 13.57 13.53 13.48 13.91
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 1810.27
KBps		 2015 1929 1818 1882 1743
IP Addresses 43914.00
IP		 2267 2094 1910 1826 1627
Ease of Doing Business 174.00
 181 173 169 164 167
Cement Production 21730.00
Tonnes		 24247 24769 23869 23853 23985
Competitiveness Index 40.55
Points		 41.05 41.05 41.05 41.05 43.55
Competitiveness Rank 132.00
 132 132 132 132 132
Corruption Index 31.00
Points		 31 31 31 31 31
Corruption Rank 122.00
 122 122 122 122 122
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Temperature 24.71
celsius		 25.25 26.18 26.23 26.23 25.99



Liberia - Economic Forecasts - 2018-2020 Outlook