Domestic credit to private sector in Liberia
Liberia: Domestic credit to private sector was 14.8% in 2022. ◆ Volatile
Domestic credit to private sector in Liberia, 1974–2022
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, domestic credit to private sector in Liberia stood at 14.8%.
That represents a change of up 14.6% on the previous year and up 47.2% over ten years.
Over the whole period, domestic credit to private sector in Liberia peaked at 17.0% in 2018 and was at its lowest, 0.2%, in 1988.
Liberia ranks 157th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector in Liberia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 0.6% | — |
| 1975 | 0.3% | -53.4% |
| 1976 | 0.3% | +4.1% |
| 1977 | 0.4% | +16.0% |
| 1978 | 0.4% | +12.3% |
| 1979 | 0.4% | -2.5% |
| 1980 | 0.2% | -42.1% |
| 1981 | 0.2% | +4.2% |
| 1982 | 0.2% | -19.6% |
| 1983 | 0.2% | +0.1% |
| 1984 | 0.2% | +3.2% |
| 1985 | 0.2% | +1.8% |
| 1986 | 0.2% | -2.9% |
| 1987 | 0.2% | +4.7% |
| 1988 | 0.2% | -22.3% |
| 1989 | 0.3% | +117.9% |
| 1991 | 0.7% | +95.5% |
| 1992 | 1.6% | +138.5% |
| 1993 | 1.9% | +22.6% |
| 1994 | 3.9% | +99.2% |
| 1995 | 2.8% | -26.5% |
| 1996 | 1.0% | -64.3% |
| 1997 | 0.7% | -32.3% |
| 1998 | 7.9% | +1043.2% |
| 1999 | 5.0% | -36.4% |
| 2000 | 2.0% | -60.2% |
| 2001 | 2.0% | +1.9% |
| 2002 | 2.1% | +1.3% |
| 2003 | 2.6% | +24.5% |
| 2004 | 3.4% | +31.0% |
| 2005 | 3.8% | +13.6% |
| 2006 | 4.7% | +24.5% |
| 2007 | 5.3% | +10.9% |
| 2008 | 6.1% | +16.5% |
| 2009 | 7.9% | +29.7% |
| 2010 | 9.4% | +17.9% |
| 2011 | 10.4% | +10.8% |
| 2012 | 10.0% | -3.2% |
| 2013 | 11.8% | +17.7% |
| 2014 | 11.4% | -3.2% |
| 2015 | 12.7% | +11.4% |
| 2016 | 13.0% | +2.2% |
| 2017 | 16.8% | +28.7% |
| 2018 | 17.0% | +1.3% |
| 2019 | 14.3% | -15.7% |
| 2020 | 13.4% | -6.2% |
| 2021 | 12.9% | -3.9% |
| 2022 | 14.8% | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4% | 0.3% | 0.6% | 6 |
| 1980s | 0.2% | 0.2% | 0.3% | 10 |
| 1990s | 2.8% | 0.7% | 7.9% | 9 |
| 2000s | 4.0% | 2.0% | 7.9% | 10 |
| 2010s | 12.7% | 9.4% | 17.0% | 10 |
| 2020s | 13.7% | 12.9% | 14.8% | 3 |
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 domestic credit to private sector in Liberia?
- Domestic credit to private sector in Liberia was 14.8% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Liberia?
- The highest recorded value was 17.0% in 2018.
- What is the lowest domestic credit to private sector recorded in Liberia?
- The lowest recorded value was 0.2% in 1988.
- How does Liberia rank for domestic credit to private sector?
- Liberia ranks 157th out of 187 countries with data for 2022.
- Is domestic credit to private sector rising or falling in Liberia?
- Over the last ten years it is up 47.2%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.