lr Liberia 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$4.24 billion

↑ 5.97% vs 2022
GDP per Capita

$771.89

↑ 3.66% vs 2022
GDP Growth (Annual %)

4.68%

↓ 0.12pp vs 2022
Inflation Rate (CPI %)

10.09%

↑ 2.50pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $4.00 billion $4.24 billion +5.97%
GDP per Capita $744.62 $771.89 +3.66%
GDP Growth (Annual %) 4.81% 4.68% -0.12pp
Inflation (CPI %) 7.59% 10.09% +2.50pp
Unemployment Rate (%) 2.98% 2.93% -0.04pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$4.24 billion
GDP per Capita
$771.89
GDP Growth (Annual %)
4.68%
Gross National Income
$3.97 billion
Prices & Employment
Inflation (CPI %)
10.09%
Inflation (GDP Deflator %)
1.23%
Unemployment Rate (%)
2.93%
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Liberia's Gross Domestic Product (GDP) is $4.24 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Liberia for 2023 is $771.89. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Liberia for 2023 is 10.09%. This measures the annual percentage change in the cost of consumer goods and services.

Liberia's annual GDP growth rate for 2023 is 4.68%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Liberia for 2023 is 2.93%. This represents the percentage of the labor force that is unemployed and actively seeking employment.