household debts in Liberia

Gross debt in Liberia

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Liberia in the period from 2000 to 2021 was between 510.7 million and 5.4 billion USD. The hightest level within the past 21 years was reached in 2007. However, the liabilities in 2021 have been only two billion USD

Based on the number of inhabitants, this is a debt of 359 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.

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Gross debt of the last 21 years in billion USD

YearLiberia totalLiberia per capitaEU per capita
20004.27 bn USD1,499 USD11,241 USD
20014.39 bn USD1,485 USD11,263 USD
20024.46 bn USD1,474 USD12,266 USD
20034.92 bn USD1,600 USD15,295 USD
20044.87 bn USD1,554 USD17,606 USD
20055.08 bn USD1,577 USD18,337 USD
20065.28 bn USD1,585 USD18,887 USD
20075.41 bn USD1,562 USD20,910 USD
20084.02 bn USD1,115 USD24,100 USD
20092.31 bn USD617 USD25,376 USD
20100.51 bn USD131 USD26,515 USD
20110.54 bn USD136 USD29,254 USD
20120.57 bn USD138 USD28,198 USD
20130.65 bn USD154 USD30,008 USD
20140.78 bn USD180 USD30,677 USD
20150.80 bn USD173 USD25,944 USD
20160.97 bn USD206 USD26,287 USD
20171.08 bn USD225 USD27,108 USD
20181.27 bn USD260 USD28,543 USD
20191.61 bn USD323 USD27,264 USD
20201.78 bn USD350 USD30,919 USD
20211.87 bn USD359 USD33,827 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Liberia       European Union

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