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Trading Basics

Liberia

Capital
Monrovia
Region
Sub-Saharan Africa
Income group
Low income
Population
5.7 million (2025)

At a glance

  • Prices in Liberia rose 8.3% in 2025, faster than in most countries.
  • Liberia's economy grew 5.0% in 2025, faster than most economies.
  • Output per person in Liberia was US$915 in 2025, lower than in most countries.
  • 2.9% of Liberia's labour force had no job in 2025, a lower share than in most countries.
  • Liberia had 5.7 million people in 2025: about less than 0.1% of everyone on Earth, the 116th largest population of 217 countries and territories.
  • Liberia had a current account surplus of 2.5% of GDP in 2024, higher than in most countries.

Consumer prices, change over the year (yearly average)

8.3%
World median 3.0%

Since 2002

Show the numbers
Inflation in Liberia and the world median, last ten years
YearLiberiaWorld median
20258.3%3.0%
20248.2%3.0%
202310.1%5.7%
20227.6%8.0%
20217.8%3.5%
202017.0%1.9%
201927.0%2.2%
201823.6%2.5%
201712.4%2.3%
20168.8%1.6%

Real GDP, change over the year

5.0%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Liberia and the world median, last ten years
YearLiberiaWorld median
20255.0%3.4%
20244.0%3.4%
20234.7%3.2%
20224.8%4.3%
20215.0%5.1%
2020−3.0%−3.8%
2019−2.5%2.8%
20181.2%3.2%
20172.5%3.3%
2016−1.6%3.1%

GDP divided by population, in US dollars at current prices

US$915
World median US$7,882

Since 2000

Show the numbers
GDP per person in Liberia and the world median, last ten years
YearLiberiaWorld median
2025US$915US$7,882
2024US$851US$7,853
2023US$799US$7,862
2022US$745US$7,656
2021US$668US$7,269
2020US$617US$6,433
2019US$658US$7,037
2018US$692US$6,978
2017US$699US$6,548
2016US$715US$5,982

Share of the labour force without a job (ILO modelled estimate)

2.9%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Liberia and the world median, last ten years
YearLiberiaWorld median
20252.9%5.1%
20242.9%5.1%
20232.9%5.2%
20223.0%5.3%
20213.8%6.0%
20204.1%6.4%
20193.1%5.4%
20183.1%5.4%
20173.1%5.6%
20163.1%5.9%

Everyone living in the country, mid-year

5.7 million

Since 2000

Show the numbers
Population in Liberia and the world median, last ten years
YearLiberia
20255.7 million
20245.6 million
20235.5 million
20225.4 million
20215.3 million
20205.1 million
20195.0 million
20184.9 million
20174.8 million
20164.8 million

Current account balance, % of GDP

2.5%
World median −1.3%

Since 2004

Show the numbers
Current account balance in Liberia and the world median, last ten years
YearLiberiaWorld median
20242.5%−1.3%
2023−11.5%−1.2%
2022−8.7%−3.0%
2021−2.8%−2.4%
2020−10.3%−1.7%
2019−19.7%−2.1%
2018−19.7%−2.9%
2017−16.7%−2.1%
2016−8.1%−2.8%
20155.3%−2.8%

No recent World Bank figure for Liberia: government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Liberia since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.