General profile: Liberia

GENERAL INFORMATION FOR 2020
Population
Population
Exchange rates
Exchange rate
GDP
GDP
5.058 Millions
1.000 LRD/US$
2 556 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(n) 96 320 km²
16.95 %
-3.00 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+11.9 %
Merchandise exports growth rate in 2020
Total merchandise trade
(millions of US$)
2005
2010
2015
2020
Merchandise exports
131
222
283
608
Merchandise imports
310
710
1 687
1 102
Merchandise trade balance
-179
-488
-1 404
-495
Export structure by product group in 2020
(as % of total exports)
24 %24 %17 %17 %40 %40 %13 %13 %5 %5 %
Top 5 partners in 2020
(exports, millions of US$)
87626261548762626154
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2020
Services exports
213
(e) 139
(e) 203
(e) 11
Services imports
855
353
295
(e) 320
Services trade balance
-642
(e) -213
(e) -92
(e) -309
Services exports by main category²
(as % of total services)
2005
2010
2015
2020
Transport
5.2
-
(e) 0.0
(e) 0.0
Travel
31.5
-
(e) 2.1
-
Other services
63.3
(e) 90.4
(e) 97.9
(e) 93.5
TRADE INDICES
More data on UNCTADstat
2432111991341061001491851211006548879080735559946915514312310810710410010411610211610386939292888684807777
ECONOMIC TRENDS
More data on UNCTADstat
-3.0 %
Gross domestic product growth rate in 2020
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2020
GDP, current
706
1 292
2 669
2 556
GDP per capita, current US$
219
332
597
505
Real GDP growth, y-on-y, %
5.28
7.30
9.30
-3.00
Current account balance, % of GDP
..
..
..
..
Exchange rate (/US$)
1.000
1.000
1.000
1.000
GDP by expenditure in 2019
(as % of total GDP)
60.829.138.534.653.560.829.138.534.653.5
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+3.1 %
FDI outflows as % of GDP in 2020
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2020
FDI inflows
82.81
449.96
626.96
86.96
FDI outflows
436.84
1 518.47
30.39
80.07
Personal remittances, % of GDP
..
22.77
24.52
13.04
Financial flows trends
(millions of US$)
333.4346.2459.9403.5580.1654.4512.0412.7546.8523.087871292484536272771 06198578545021828413210883753723821FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2020
Balance, % of GDP
-115.59
(e) -42.49
(e) -51.28
(e) -42.25
Balance, % of imports
-70.26
(e) -63.25
(e) -74.11
(e) -86.14
Normalized balance
-0.542
(e) -0.463
(e) -0.589
(e) -0.756
Trade openness²
(sum of imports and exports as % of GDP)
56635654618715412913013492186262241271213
LABOUR FORCE
Labour force by gender in 2020
(as % of total labour force, all sectors)
Male
53%Male 53%Female
47%Female 47%
OTHER INDICATORS
More data on UNCTADstat
13.31 %
Share of the total world merchant fleet in 2020
Maritime transport indicators
 
2005
2010
2015
2020
Merchant fleet, national flag (thousands of DWT)
83 592
142 121
201 569
275 641
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
6.18
8.35
8.02
Container port throughput (TEU)
..
-
-
-
Information economy indicators
(as % of)
2005
2010
2015
2020
Share of ICT goods, % of total exports
..
..
..
..
Share of ICT goods, % of total imports
..
..
..
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
n
Estimated. Data refers to 2016.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 05 January 2022