low-income West African economy; food scarcity, especially in rural areas; high poverty and inflation; bad recession prior to COVID-19 due to Ebola crisis; growing government debt; longest continuously operated rubber plantation; large informal economy
$7.391 billion (2021 est.)
$7.04 billion (2020 est.)
$7.257 billion (2019 est.)
note: data are in 2017 dollars
comparison ranking
4.99% (2021 est.)
-2.98% (2020 est.)
-2.47% (2019 est.)
comparison ranking
$1,400 (2021 est.)
$1,400 (2020 est.)
$1,500 (2019 est.)
note: data are in 2017 dollars
comparison ranking
$3.071 billion (2019 est.)
23.56% (2018 est.)
12.42% (2017 est.)
comparison ranking
agriculture: 34% (2017 est.)
industry: 13.8% (2017 est.)
services: 52.2% (2017 est.)
household consumption: 128.8% (2016 est.)
government consumption: 16.7% (2016 est.)
investment in fixed capital: 19.5% (2016 est.)
investment in inventories: 6.7% (2016 est.)
exports of goods and services: 17.5% (2016 est.)
imports of goods and services: -89.2% (2016 est.)
cassava, sugar cane, oil palm fruit, rice, bananas, vegetables, plantains, rubber, taro, maize
mining (iron ore and gold), rubber processing, palm oil processing, diamonds
16.25% (2021 est.)
comparison ranking
2.289 million (2021 est.)
comparison ranking
agriculture: 70%
industry: 8%
services: 22% (2000 est.)
4.09% (2021 est.)
3.98% (2020 est.)
3.02% (2019 est.)
comparison ranking
total: 3.2%
male: 3.2%
female: 3.2% (2021 est.)
comparison ranking
50.9% (2016 est.)
35.3 (2016 est.)
comparison ranking
lowest 10%: 2.4%
highest 10%: 30.1% (2007)
revenues: $5 million (2019 est.)
expenditures: $6 million (2019 est.)
-4.3% (of GDP) (2017 est.)
comparison ranking
34.4% of GDP (2017 est.)
28.3% of GDP (2016 est.)
comparison ranking
16.9% (of GDP) (2017 est.)
comparison ranking
calendar year
-$653.403 million (2019 est.)
-$674.092 million (2018 est.)
-$565.564 million (2017 est.)
comparison ranking
$554.013 million (2019 est.) note: data are in current year dollars
$527.345 million (2018 est.) note: data are in current year dollars
$429.592 million (2017 est.)
comparison ranking
Guyana 32%, Poland 10%, Switzerland 8%, Japan 7%, China 5% (2019)
gold, ships, iron, rubber, cocoa beans, palm oil (2021)
$1.244 billion (2019 est.) note: data are in current year dollars
$1.245 billion (2018 est.) note: data are in current year dollars
$1.232 billion (2017 est.)
comparison ranking
China 41%, Japan 21%, South Korea 18% (2019)
ships, refined petroleum, iron structures, boat propellers, centrifuges (2019)
$340.966 million (31 December 2020 est.)
$297.071 million (31 December 2019 est.)
$332.151 million (31 December 2018 est.)
comparison ranking
$826 million (2019 est.)
$679 million (2018 est.)
comparison ranking
Liberian dollars (LRD) per US dollar -
191.518 (2020 est.)
186.43 (2019 est.)
144.056 (2018 est.)
112.707 (2017 est.)
94.427 (2016 est.)
NOTE: The information regarding Liberia on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Liberia 2023 information contained here. All suggestions for corrections of any errors about Liberia 2023 should be addressed to the CIA or the source cited on each page.
This page was last modified 22 Aug 23, Copyright © 2023 ITA all rights reserved.