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Sub-Saharan Africa · Low income

Liberia: the economy in numbers

Per person: $915, or $1,981 at purchasing power parity. Population: 5.73 million (2025).

$5.25B+5.0%real GDP growth, 2025

GDP in 2025, current US dollars: #165 of 204 economies. IMF forecast for 2026: +5.5%.

GDP per capita
$915
2025 · #194 of 204
GDP per capita, PPP
$1,981
2025 · #190 of 197
Inflation
8.3%
2025 · IMF forecast 2026: 5.9%
Government debt
55.1%
2025 · % of GDP, general government
Population
5.73M
2025 · #116 of 217
Unemployment
2.9%
2025 · ILO estimate
Life expectancy
62.3 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $2.08 billion in 1960, $5.25 billion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $1,821 per person in 1960, $915 in 2025.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: 2.0% a year. Years of falling GDP since 1961: 23 of 65.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose 12.1 times from 2001 to 2025. Highest annual inflation: 27.0% in 2019.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 2000: 600.1% of GDP in 2003. IMF forecast for 2031: 50.7%.

Shaded: IMF forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)

Population

1960: 1.14 million · 2025: 5.73 million.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 2.7% · 2025: 2.9%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 38.1 years · 2024: 62.3 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationUnemploymentLife expectancy
20315.4%f4.7%f50.7%f
20305.6%f4.9%f52.3%f
20295.4%f5.0%f52.8%f
20285.3%f5.5%f53.6%f
20275.1%f7.1%f55.1%f
20265.5%f5.9%f54.0%f
2025$5.25B$915$1,9815.0%8.3%55.1%5.73M2.9%
2024$4.78B$851$1,8744.0%8.2%56.4%5.61M2.9%62.3
2023$4.39B$799$1,7964.7%10.1%57.2%5.49M2.9%62.2
2022$4.0B$745$1,6914.8%7.6%54.4%5.37M3.0%61.9
2021$3.51B$668$1,5395.0%7.8%53.5%5.26M3.8%61.2
2020$3.18B$617$1,660−3.0%17.0%58.5%5.15M4.1%61.3
2019$3.32B$658$1,900−2.5%27.0%48.1%5.04M3.1%61.2
2018$3.42B$692$1,8001.2%23.6%36.2%4.94M3.1%61.0
2017$3.39B$699$1,6652.5%12.4%31.8%4.85M3.1%60.8
2016$3.4B$715$1,490−1.6%8.8%28.0%4.76M3.1%60.5
2015$3.23B$693$1,340−0.0%7.7%24.4%4.66M2.6%59.2
2014$3.23B$707$1,4190.7%9.9%24.3%4.56M2.1%59.2
2013$3.18B$711$1,3608.7%7.6%20.6%4.47M2.1%60.0
2012$2.79B$638$1,1578.0%6.8%20.5%4.37M2.1%59.8
2011$2.4B$568$1,0418.2%8.5%22.5%4.22M2.2%59.5
2010$2.0B$492$9806.1%7.3%25.4%4.06M2.3%59.4
2009$1.77B$448$9395.3%7.4%132.2%3.94M2.2%59.1
2008$1.73B$452$9157.1%17.5%235.3%3.82M2.2%58.7
2007$1.37B$374$8739.5%11.4%366.8%3.67M2.2%58.1
2006$1.12B$321$8158.0%7.3%450.9%3.49M2.3%57.5
2005$949M$287$7745.3%10.8%488.5%3.3M2.4%56.8
2004$897M$284$7452.6%7.8%543.4%3.16M2.4%55.9
2003$748M$240$716−30.1%10.3%600.1%3.12M2.4%53.0
2002$927M$300$1,0133.8%14.2%463.6%3.09M2.2%54.1
2001$906M$300$9872.9%12.1%465.2%3.02M2.1%53.1
2000$874M$298$96528.6%5.3%468.1%2.93M2.0%51.9
1999$442M$157$76221.7%2.0%2.82M2.0%50.4
1998$360M$135$65230.2%2.67M2.1%49.4
1997$296M$123$548106.3%2.41M2.2%48.3
1996$159M$71$28212.1%2.23M2.4%44.9
1995$135M$62$254−4.3%2.17M2.6%44.6
1994$132M$61$263−21.8%2.15M2.7%42.6
1993$160M$74$328−33.0%2.16M2.7%43.0
1992$224M$108$497−35.1%2.07M2.7%43.6
1991$348M$178$793−14.2%1.96M2.7%43.6
1990$384M$173$787−51.0%2.22M37.6
1989$786M$312−26.7%2.52M43.9
1988$1.04B$424−2.0%2.45M44.1
1987$973M$409−1.0%2.38M44.3
1986$841M$364−1.7%2.31M44.5
1985$851M$380−0.8%2.24M44.0
1984$848M$390−2.1%2.17M44.7
1983$823M$391−1.9%2.11M44.6
1982$864M$422−2.4%2.05M44.4
1981$847M$426−2.1%1.99M44.3
1980$855M$443−4.1%1.93M44.1
1979$814M$4353.3%1.87M43.9
1978$717M$3944.8%1.82M43.6
1977$673M$3811.6%1.77M43.2
1976$597M$3475.3%1.72M42.9
1975$578M$346−3.5%1.67M42.5
1974$487M$2994.8%1.63M42.1
1973$387M$244−2.3%1.58M41.6
1972$368M$2394.1%1.54M41.2
1971$342M$2274.9%1.5M40.7
1970$323M$2206.7%1.47M40.4
1969$307M$2157.3%1.43M40.0
1968$277M$1994.8%1.39M39.6
1967$261M$1926.7%1.36M39.3
1966$244M$1857.7%1.32M39.0
1965$229M$1784.8%1.29M38.7
1964$219M$1745.2%1.26M38.5
1963$200M$1632.3%1.23M38.3
1962$192M$1601.3%1.2M38.2
1961$184M$1582.4%1.17M38.1
1960$190M$1671.14M38.1

e: IMF estimate; f: IMF forecast. Inflation: IMF data for 1999–2001, World Bank for the other years.

Nearby economies in Sub-Saharan Africa

Nearest by distance between capitals, with GDP per capita.

Angola · Benin · Botswana · Burkina Faso · Burundi · Cabo Verde · Cameroon · Central African Republic · Chad · Comoros · Côte d’Ivoire · DR Congo · Equatorial Guinea · Eritrea · Eswatini · Ethiopia · Gabon · Gambia · Ghana · Guinea · Guinea-Bissau · Kenya · Lesotho · Liberia · Madagascar · Malawi · Mali · Mauritania · Mauritius · Mozambique · Namibia · Niger · Nigeria · Republic of the Congo · Rwanda · Senegal · Seychelles · Sierra Leone · Somalia · South Africa · South Sudan · Sudan · São Tomé and Príncipe · Tanzania · Togo · Uganda · Zambia · Zimbabwe

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)