Liberia GDP YoYLiberia GDP YoYLiberia GDP YoY

Liberia GDP YoY

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Key data points


Last release
Observation period
2024
Next release
Forecast
Highest
106.28% on Dec 31, 1997
Lowest
−51.03% on Dec 31, 1990

About Liberia GDP YoY


Category
GDP
Frequency
Annual
Units
%
Liberia is one of the poorest countries in the world. Large part of the country lacks basic infrastructure such as electricity and water supply as a result of civil wars and economic mismanagement. Yet, in recent years, Liberia’s economy has been steady expanding as mining and rubber industries have been growing. More importantly, Liberia government’s efforts to fight corruption and eliminate bureaucracy seem to be succeeding as business activity and employment have increased.