Goods balance (credit less debit), Percent of GDP (Balance of) in Liberia
Liberia: Goods balance (credit less debit), Percent of GDP (Balance of) was -3.74 in 2027. ◆ Volatile
Goods balance (credit less debit), Percent of GDP (Balance of) in Liberia, 2000–2027
Source: International Monetary Fund.
Analysis
Liberia recorded -3.74 for goods balance (credit less debit), percent of gdp (balance of) in 2027.
That represents a change of up 26.4% on the previous year and up 80.0% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in Liberia peaked at 3.46 in 2002 and was at its lowest, -42.29, in 2014.
That places Liberia 24th out of 45 countries with data for 2027, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Percent of GDP (Balance of) in Liberia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -0.1796 | — |
| 2001 | 0.1211 | -167.4% |
| 2002 | 3.46 | +2759.7% |
| 2003 | -2.67 | -177.0% |
| 2004 | -25.97 | +873.4% |
| 2005 | -20.42 | -21.4% |
| 2006 | -30.95 | +51.6% |
| 2007 | -22.46 | -27.4% |
| 2008 | -34.08 | +51.8% |
| 2009 | -23.45 | -31.2% |
| 2010 | -15.55 | -33.7% |
| 2011 | -29.86 | +92.0% |
| 2012 | -39.68 | +32.9% |
| 2013 | -20.34 | -48.7% |
| 2014 | -42.29 | +107.9% |
| 2015 | -40.77 | -3.6% |
| 2016 | -27.07 | -33.6% |
| 2017 | -18.65 | -31.1% |
| 2018 | -15.09 | -19.1% |
| 2019 | -12.69 | -15.9% |
| 2020 | -12.85 | +1.2% |
| 2021 | -13.09 | +1.9% |
| 2022 | -12.68 | -3.1% |
| 2023 | -18.37 | +44.9% |
| 2024 | -4.33 | -76.4% |
| 2025 | -4.73 | +9.3% |
| 2026 | -5.08 | +7.3% |
| 2027 | -3.74 | -26.4% |
Liberia compared with similar countries
- Liberia's -3.74 is below the median for Sub-Saharan Africa, which is -2.52, 1.5× the median. (45 countries reporting)
- Liberia's -3.74 is below the median for low income countries, which is -2.52, 1.5× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Goods balance (credit less debit), Percent of GDP (Balance of) in Liberia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +2759.7% | 0.1211 | 3.46 |
| 2004 | -873.4% | -2.67 | -25.97 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -15.66 | -34.08 | 3.46 | 10 |
| 2010s | -26.2 | -42.29 | -12.69 | 10 |
| 2020s | -9.36 | -18.37 | -3.74 | 8 |
Countries ranked near Liberia
- 21 Benin -1.5 compare
- 22 Mozambique -2.36 compare
- 23 Sierra Leone -2.52 compare
- 25 Tanzania -4.35 compare
- 26 Cameroon -4.74 compare
- 27 Guinea-Bissau -6.59 compare
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 goods balance (credit less debit), percent of gdp (balance of) in Liberia?
- Goods balance (credit less debit), percent of gdp (balance of) in Liberia was -3.74 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in Liberia?
- The highest recorded value was 3.46 in 2002.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in Liberia?
- The lowest recorded value was -42.29 in 2014.
- How does Liberia rank for goods balance (credit less debit), percent of gdp (balance of)?
- Liberia ranks 24th out of 45 countries with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in Liberia?
- Over the last ten years it is up 80.0%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.