lr Liberia 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$3.40 billion

↑ 5.31% vs 2015
GDP per Capita

$714.61

↑ 3.18% vs 2015
GDP Growth (Annual %)

-1.55%

↓ 1.54pp vs 2015
Inflation Rate (CPI %)

8.83%

↑ 1.09pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $3.23 billion $3.40 billion +5.31%
GDP per Capita $692.59 $714.61 +3.18%
GDP Growth (Annual %) -0.02% -1.55% -1.54pp
Inflation (CPI %) 7.75% 8.83% +1.09pp
Unemployment Rate (%) 2.56% 3.08% +0.52pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$3.40 billion
GDP per Capita
$714.61
GDP Growth (Annual %)
-1.55%
Gross National Income
$3.12 billion
Prices & Employment
Inflation (CPI %)
8.83%
Inflation (GDP Deflator %)
6.97%
Unemployment Rate (%)
3.08%
Interest Rate (Real %)
6.19%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-8.12%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Liberia's Gross Domestic Product (GDP) is $3.40 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Liberia for 2016 is $714.61. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Liberia for 2016 is 8.83%. This measures the annual percentage change in the cost of consumer goods and services.

Liberia's annual GDP growth rate for 2016 is -1.55%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Liberia for 2016 is 3.08%. This represents the percentage of the labor force that is unemployed and actively seeking employment.