The economy of Liberia expanded 4.8 percent in 2022, slightly easing from a 5 percent growth in the previous year. source: Central Bank of Liberia

GDP Annual Growth Rate in Liberia averaged 2.58 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. This page provides - Liberia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Liberia GDP Annual Growth Rate - values, historical data and charts - was last updated on June of 2023.

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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 1194.90 1193.30 USD Million Dec 2021
GDP from Mining 545.30 462.30 USD Million Dec 2021
GDP from Manufacturing 194.80 186.10 USD Million Dec 2021
GDP Constant Prices 3217.90 3086.90 USD Million Dec 2021

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