The Gross Domestic Product (GDP) in Liberia expanded 3.10 percent in 2018 from the previous year. Liberia GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

GDP Annual Growth Rate in Liberia averaged 2.72 percent from 1961 until 2018, reaching an all time high of 106.28 percent in 1997 and a record low of -51.03 percent in 1990. This page provides - Liberia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Annual Growth Rate in Liberia is expected to reach 1.60 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Liberia GDP Annual Growth Rate is projected to trend around 1.80 percent in 2021, according to our econometric models.


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Liberia GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.10 2.50 106.28 -51.03 1961 - 2018 percent Yearly


Liberia GDP Annual Growth Rate
Liberia is one of the poorest countries in the world. Large part of the country lacks basic infrastructure such as electricity and water supply as a result of civil wars and economic mismanagement. Yet, in recent years, Liberia’s economy has been steady expanding as mining and rubber industries have been growing. More importantly, Liberia government’s efforts to fight corruption and eliminate bureaucracy seem to be succeeding as business activity and employment have increased.