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Liberia

68 series · 1800–2025 · Low income · Sub-Saharan Africa

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1949–20255,733 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1949–20255,733 (2025)
Real GDPMillions of local currencyrGDP1845–20253,920 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1845–2025684.0 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1845–20253,718 (2025)
DeflatorIndex, 2015 = 100deflator1949–2025154.2 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1845–2025648.7 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1960–20245,333 (2024)
Total consumption (% of GDP)Percent of GDPcons_GDP1960–2024101.6 (2024)
Total consumption (USD)Millions of US dollarscons_USD1960–20245,333 (2024)
Household consumptionMillions of local currencyhcons1964–20244,642 (2024)
Household consumption (% of GDP)Percent of GDPhcons_GDP1964–202488.4 (2024)
Household consumption (USD)Millions of US dollarshcons_USD1964–20244,642 (2024)
Government consumptionMillions of local currencygcons1964–2024690.6 (2024)
Government consumption (% of GDP)Percent of GDPgcons_GDP1964–202413.2 (2024)
Government consumption (USD)Millions of US dollarsgcons_USD1964–2024690.6 (2024)
Gross capital formationMillions of local currencyinv1960–2024931.9 (2024)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1960–202417.7 (2024)
Gross capital formation (USD)Millions of US dollarsinv_USD1960–2024931.9 (2024)
Gross fixed capital formationMillions of local currencyfinv1965–2024931.9 (2024)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1965–202417.7 (2024)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1965–2024931.9 (2024)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1845–20241,308 (2024)
Exports (% of GDP)Percent of GDPexports_GDP1949–202424.9 (2024)
Exports (USD)Millions of US dollarsexports_USD1845–20241,308 (2024)
ImportsMillions of local currencyimports1845–20241,923 (2024)
Imports (% of GDP)Percent of GDPimports_GDP1949–202436.6 (2024)
Imports (USD)Millions of US dollarsimports_USD1845–20241,923 (2024)
Current accountMillions of local currencyCA1979–2025-362.0 (2025)
Current account (% of GDP)Percent of GDPCA_GDP1979–2025-6.31 (2025)
USD exchange rateLocal currency per US dollarUSDfx1950–2025198.7 (2025)
Real effective exchange rateIndex, 2015 = 100REER1998–2023130.5 (2023)
Current account (USD)Millions of US dollarsCA_USD1979–2025-362.0 (2025)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1964–20251,286 (2025)
General government expenditureMillions of local currencygen_govexp2000–20251,286 (2025)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP2000–202522.4 (2025)
Central government expenditureMillions of local currencycgovexp1964–20251,088 (2025)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP1964–202519.0 (2025)
Government revenueMillions of local currencygovrev1964–20251,205 (2025)
General government revenueMillions of local currencygen_govrev2000–20251,205 (2025)
Central government revenueMillions of local currencycgovrev1964–2025983.9 (2025)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP2000–202521.0 (2025)
Central government revenue (% of GDP)Percent of GDPcgovrev_GDP1964–202517.2 (2025)
Government tax revenueMillions of local currencygovtax2005–2013435.9 (2013)
Central government tax revenueMillions of local currencycgovtax2005–2013435.9 (2013)
Central government tax revenue (% of GDP)Percent of GDPcgovtax_GDP2005–201320.2 (2013)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1964–2025-1.41 (2025)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP2000–2025-1.41 (2025)
General government deficitMillions of local currencygen_govdef2000–2025-81.1 (2025)
Central government deficit (% of GDP)Percent of GDPcgovdef_GDP1964–2025-1.82 (2025)
Central government deficitMillions of local currencycgovdef1964–2025-104.6 (2025)
Government debt (% of GDP)Percent of GDPgovdebt_GDP1973–202554.9 (2025)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP1973–202554.9 (2025)
General government debtMillions of local currencygen_govdebt1973–20253,147 (2025)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP1973–202456.5 (2024)
Central government debtMillions of local currencycgovdebt1973–20242,966 (2024)
Government debtMillions of local currencygovdebt1973–20253,147 (2025)
Government deficitMillions of local currencygovdef1964–2025-81.1 (2025)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1964–202522.4 (2025)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1964–202521.0 (2025)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP2005–201320.2 (2013)

Money and interest rates

VariableCodeCoverageLatest
M1Millions of local currencyM11974–200916,848 (2009)
M2Millions of local currencyM21974–200922,855 (2009)
M3Millions of local currencyM32007–2025288,848 (2025)

Prices and labor markets

VariableCodeCoverageLatest
Consumer price indexIndex, 2015 = 100CPI1965–2025336.1 (2025)
InflationPercentinfl1966–20258.32 (2025)
PopulationMillions of peoplepop1800–20255.73 (2025)
Unemployment ratePercentunemp2007–20175.93 (2017)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →