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Liberia GDP Annual Growth Rate

Liberia's GDP annual growth rate rose to 4.79% in 2024, up from 4.68% in 2023, according to World Bank. This represents an increase of 0.11% from the previous year. Liberia has GDP annual growth rate higher than the global median (4.79% vs median 3.24%). Compared with the median in Africa, Liberia is higher (4.79% vs regional median 3.99%) and ranks 20th out of 52 countries in Africa.

Liberia's real GDP rose to $3.76 billion in 2024, up from $3.59 billion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 4.79%
2023 4.68%
2022 4.81%
2021 4.99%
2020 -2.98%
2019 -2.47%
2018 1.16%
2017 2.46%
2016 -1.55%
2015 -0.02%
2014 0.7%
2013 8.69%
2012 7.99%
2011 8.2%
2010 6.1%
2009 5.3%
2008 7.15%
2007 9.54%
2006 8.04%
2005 5.28%
2004 2.62%
2003 -30.15%
2002 3.76%
2001 2.92%
2000 28.62%
1999 21.74%
1998 30.21%
1997 106.28%
1996 12.12%
1995 -4.27%
1994 -21.76%
1993 -32.98%
1992 -35.09%
1991 -14.23%
1990 -51.03%
1989 -26.67%
1988 -2.04%
1987 -1%
1986 -1.68%
1985 -0.84%
1984 -2.11%
1983 -1.9%
1982 -2.43%
1981 -2.14%
1980 -4.1%
1979 3.26%
1978 4.82%
1977 1.59%
1976 5.31%
1975 -3.47%
1974 4.75%
1973 -2.26%
1972 4.14%
1971 4.9%
1970 6.66%
1969 7.29%
1968 4.77%
1967 6.75%
1966 7.7%
1965 4.79%
1964 5.15%
1963 2.27%
1962 1.34%
1961 2.44%
Liberia GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Liberia's total economic output.
Indicator Last Value Prior Value Period
GDP $4.75B $4.39B 2024
GDP per Capita $670.03 $653.33 2024
GDP per Capita PPP $1,658.26 $1,616.92 2024
Real GDP $3.76B $3.59B 2024