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 2020 was between 511.8 million and 5.4 billion USD. The hightest level within the past 20 years was reached in 2007. However, the liabilities in 2020 have been only two billion USD

Based on the number of inhabitants, this is a debt of 370 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.

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Gross debt of the last 20 years in billion USD

YearLiberia totalLiberia per capitaEU per capita
20004.28 bn USD1,502 USD11,232 USD
20014.40 bn USD1,489 USD11,255 USD
20024.47 bn USD1,477 USD12,258 USD
20034.93 bn USD1,604 USD15,286 USD
20044.88 bn USD1,557 USD17,595 USD
20055.09 bn USD1,581 USD18,327 USD
20065.29 bn USD1,588 USD18,877 USD
20075.42 bn USD1,565 USD20,898 USD
20084.03 bn USD1,118 USD24,086 USD
20092.32 bn USD618 USD25,361 USD
20100.51 bn USD132 USD26,496 USD
20110.55 bn USD136 USD29,231 USD
20120.57 bn USD139 USD28,174 USD
20130.66 bn USD154 USD29,981 USD
20140.82 bn USD187 USD30,648 USD
20150.83 bn USD180 USD25,918 USD
20160.98 bn USD207 USD26,261 USD
20171.14 bn USD237 USD27,024 USD
20181.37 bn USD281 USD28,448 USD
20191.82 bn USD365 USD27,168 USD
20201.88 bn USD370 USD30,783 USD

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

      Liberia       European Union

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