Borrowers from commercial banks (per 1,000 adults) in Liberia
Liberia: Borrowers from commercial banks (per 1,000 adults) was 12.66 per 1,000 adults in 2023. ▼ Falling
Borrowers from commercial banks in Liberia, 2015–2023
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
The most recent figure for borrowers from commercial banks in Liberia is 12.66 per 1,000 adults, measured in 2023.
That represents a change of up 32.1% on the previous year and down 40.9% over ten years.
Over the whole period, borrowers from commercial banks in Liberia peaked at 24.09 per 1,000 adults in 2016 and was at its lowest, 9.59 per 1,000 adults, in 2022.
Liberia ranks 105th of 113 countries on this measure, in the bottom quarter.
Borrowers from commercial banks (per 1,000 adults) in Liberia, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2015 | 21.42 per 1,000 adults | — |
| 2016 | 24.09 per 1,000 adults | +12.5% |
| 2017 | 22.13 per 1,000 adults | -8.1% |
| 2018 | 23.42 per 1,000 adults | +5.8% |
| 2019 | 16.33 per 1,000 adults | -30.2% |
| 2020 | 13.14 per 1,000 adults | -19.6% |
| 2021 | 9.84 per 1,000 adults | -25.1% |
| 2022 | 9.59 per 1,000 adults | -2.6% |
| 2023 | 12.66 per 1,000 adults | +32.1% |
Liberia compared with similar countries
- Liberia's 12.66 per 1,000 adults is above the median for low income countries, which is 12.66 per 1,000 adults, 1.0× the median. (15 countries reporting)
- Liberia's 12.66 per 1,000 adults is below the median for Sub-Saharan Africa, which is 55.43 per 1,000 adults, 23% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.48 per 1,000 adults | 16.33 per 1,000 adults | 24.09 per 1,000 adults | 5 |
| 2020s | 11.31 per 1,000 adults | 9.59 per 1,000 adults | 13.14 per 1,000 adults | 4 |
Countries ranked near Liberia
More financial sector data for Liberia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0084 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.73 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0084 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.73 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is borrowers from commercial banks in Liberia?
- Borrowers from commercial banks in Liberia was 12.66 per 1,000 adults in 2023, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Liberia?
- The highest recorded value was 24.09 per 1,000 adults in 2016.
- What is the lowest borrowers from commercial banks recorded in Liberia?
- The lowest recorded value was 9.59 per 1,000 adults in 2022.
- How does Liberia rank for borrowers from commercial banks?
- Liberia ranks 105th out of 113 countries with data for 2023.
- Is borrowers from commercial banks rising or falling in Liberia?
- Over the last ten years it is down 40.9%. The long-run trend across the full record is falling.
- Where does this Liberia data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.