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Indicators of economy in Liberia

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Liberia reached 583 US dollars per inhabitant, or 2.95 bn US Dollar in the whole country. Liberia is currently at number 175 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant taking into account the purchasing power parity, then Liberia is in the list of the world's richest countries in place 170.

Inflation in Liberia was in 2018 at around 23.56%. For the the EU, the average of the same was year at 0.51%.

The Corruption Perceptions Index for the public sector counts 28 and is compared to other countries very bad.


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Unemployment rates in percent 1991 - 2020

Economic performance 2020

 Liberia
Total
Liberia
per capita
EU
Total
EU
per capita
GDP2.95 bn USD583.27 USD15,192.65 tn USD29,499.72 USD
Gross national product2.67 bn USD528.74 USD16,042.23 tn USD31,149.36 USD


Development of gross domestic product in million US Dollar 1979 - 2020



Im- and Exports 2019

 Liberia
Total
Liberia
per capita
EU
Total
EU
per capita
Imports1.25 bn USD246.26 USD8,073.39 bn USD15,676.19 USD
Exports527.35 m USD104.27 USD8,622.21 bn USD16,741.84 USD


Development of imports and exports in million US dollars 1979 - 2019

Exports
Imports



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