Borrowers from commercial banks in Liberia
Liberia: Borrowers from commercial banks 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 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% |
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
- 102 Lao People's Democratic Republic 21.07 per 1,000 adults compare
- 103 Burundi 19.59 per 1,000 adults compare
- 104 Myanmar 13.49 per 1,000 adults compare
- 106 Yemen 12.04 per 1,000 adults
- 107 Haiti 10.71 per 1,000 adults compare
- 108 Congo, Democratic Republic of the 9.04 per 1,000 adults
More financial sector data for Liberia
- Net domestic credit (current LCU), per capita 237.53 current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 0.319 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 34.26 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 13.28 million SDR (2025)
- Reserves excluding gold 247.39 million SDR (2025)
- Total reserves (gold at market value) 247.39 million SDR (2025)
- Total reserves (gold at national valuation) 247.39 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 43.17 SDR per person (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.