Liberia | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Liberia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Liberia economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 92.00 90.9 91.8 94.5 93.6 108 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 0.30 3.78 3.9 4.1 1.89 3.87 percent [+]
GDP 2.05 2.08 2.08 2.08 2.09 2.17 USD Billion [+]
GDP per capita 367.16 369 367 365 364 358 USD [+]
GDP per capita PPP 784.58 758 749 740 728 635 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 3.80 3.9 3.84 3.91 3.94 4 percent [+]
Population 4.50 4.55 4.57 4.59 4.59 4.9 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 13.31 8.9 8.7 8.1 9.2 10 percent [+]
Food Inflation 9.87 9.9 10.08 10.19 10.26 10.36 percent [+]
Consumer Price Index Cpi 271.26 271 271 271 271 271 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 13.50 13 13 13 13 11 percent [+]
Deposit Interest Rate 4.05 4.07 4.07 4.07 4.05 4.11 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -82.20 -88.4 -88.4 -88.39 -88.39 -88.39 USD Million [+]
Exports 13.70 21.36 21.92 21.96 21.94 21.93 USD Million [+]
Imports 94.90 107 107 107 107 107 USD Million [+]
Current Account -81.50 -206 -203 -220 -228 -231 USD Million [+]
Current Account to GDP -36.90 -49.45 -49.36 -49.26 -49.01 -49.6 percent [+]
Terrorism Index 0.25 1.3 1.47 1.64 1.64 1.96 [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 24.00 20.07 30.49 40.91 41.76 71.72 percent [+]
Government Budget -12.10 -9.9 -12.74 -15.58 -15.48 -15.22 percent of GDP [+]
Military Expenditure 12.90 10.9 10.56 10.23 9.9 7.95 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 174.00 168 168 168 167 162 [+]
Cement Production 27563.00 22832 22533 22816 22833 22809 Tonnes [+]
Competitiveness Index 3.21 3.4 3.4 3.4 3.31 3.4 Points [+]
Competitiveness Rank 131.00 126 126 126 126 125 [+]
Corruption Index 37.00 37 37 37 37 38 Points [+]
Corruption Rank 90.00 93 93 93 89 86 [+]