The Gross Domestic Product (GDP) in Liberia expanded 4.80 percent in the fourth quarter of 2022 over the same quarter of the previous year. GDP Annual Growth Rate in Liberia averaged 2.68 percent from 1961 until 2022, reaching an all time high of 106.28 percent in 1997 and a record low of -51.03 percent in 1990. source: Central Bank of Liberia

GDP Annual Growth Rate in Liberia is expected to reach 4.60 percent by the end of 2023, 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 5.40 percent in 2024 and 5.20 percent in 2025, according to our econometric models.

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Liberia GDP Annual Growth Rate

Related Last Previous Unit Reference
GDP Annual Growth Rate 4.80 5.00 percent Dec 2022
GDP from Services 1275.30 1216.40 USD Million Dec 2022
GDP from Mining 621.80 545.30 USD Million Dec 2022
GDP from Manufacturing 199.10 194.80 USD Million Dec 2022
GDP Constant Prices 3398.40 3242.40 USD Million Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4.80 5.00 106.28 -51.03 1961 - 2022 percent Yearly