lr Liberia 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$3.18 billion

↓ 4.32% vs 2019
GDP per Capita

$616.79

↓ 6.29% vs 2019
GDP Growth (Annual %)

-2.98%

↓ 0.52pp vs 2019
Inflation Rate (CPI %)

16.96%

↓ 10.01pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $3.32 billion $3.18 billion -4.32%
GDP per Capita $658.16 $616.79 -6.29%
GDP Growth (Annual %) -2.47% -2.98% -0.52pp
Inflation (CPI %) 26.97% 16.96% -10.01pp
Unemployment Rate (%) 3.07% 4.11% +1.04pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$3.18 billion
GDP per Capita
$616.79
GDP Growth (Annual %)
-2.98%
Gross National Income
$2.89 billion
Prices & Employment
Inflation (CPI %)
16.96%
Inflation (GDP Deflator %)
-1.38%
Unemployment Rate (%)
4.11%
Interest Rate (Real %)
N/A
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)
-8.66%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Liberia's Gross Domestic Product (GDP) is $3.18 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Liberia for 2020 is $616.79. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Liberia for 2020 is 16.96%. This measures the annual percentage change in the cost of consumer goods and services.

Liberia's annual GDP growth rate for 2020 is -2.98%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Liberia for 2020 is 4.11%. This represents the percentage of the labor force that is unemployed and actively seeking employment.