Liberia Government Budget

Liberia recorded a Government Budget deficit equal to 0.70 percent of the country's Gross Domestic Product in 2012. Government Budget in Liberia is reported by the Central Bank of Liberia. Government Budget in Liberia averaged 0.44 Percent of GDP from 2002 until 2012, reaching an all time high of 3.80 Percent of GDP in 2007 and a record low of -1.60 Percent of GDP in 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Liberia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-0.70 -0.80 3.80 -1.60 -1.78 | 2013/12 2002 - 2012 Percent of GDP Yearly

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Liberia Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 44.90 2011-12-31 10.70 1087.20 10.70 50.67 2012-12-31 Percent [+]
Government Budget -0.70 2012-12-31 -0.80 3.80 -1.60 -1.78 2013-12-31 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Liberia GDP Annual Growth Rate at 8.10 Percent  
The Gross Domestic Product (GDP) in Liberia expanded 8.90 percent in 2012 from the previous year. GDP Annual Growth Rate in Liberia is reported by the Central Bank of Liberia.
Liberia Current Account to GDP at -60.50 Percent  
Liberia recorded a Current Account deficit of 60.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Liberia is reported by the Central Bank of Liberia.
Liberia Current Account at -314.10 USD Million  
Liberia recorded a Current Account deficit of 314.10 USD Million in the fourth quarter of 2013. Current Account in Liberia is reported by the Central Bank of Liberia.
Liberia Balance of Trade at -33.40 USD Million  
Liberia recorded a trade deficit of 33.40 USD Million in December of 2013. Balance of Trade in Liberia is reported by the Central Bank of Liberia.
Liberia Interest Rate at 13.73 Percent  
The benchmark interest rate in Liberia was last recorded at 13.73 percent. Interest Rate in Liberia is reported by the Central Bank of Liberia.
Liberia Imports at 85.90 USD Million  
Imports in Liberia decreased to 85.90 USD Million in December of 2013 from 95 USD Million in November of 2013. Imports in Liberia is reported by the Central Bank of Liberia.
Liberia Exports at 52.50 USD Million  
Exports in Liberia decreased to 52.50 USD Million in December of 2013 from 59.60 USD Million in November of 2013. Exports in Liberia is reported by the Central Bank of Liberia.
Liberia Inflation Rate at 8.50 Percent  
The inflation rate in Liberia was recorded at 8.50 percent in December of 2013. Inflation Rate in Liberia is reported by the Central Bank of Liberia.
Liberia Government Budget at -0.70 Percent of GDP  
Liberia recorded a Government Budget deficit equal to 0.70 percent of the country's Gross Domestic Product in 2012. Government Budget in Liberia is reported by the Central Bank of Liberia.
Liberia GDP per capita at 277.94 USD  
The Gross Domestic Product per capita in Liberia was last recorded at 277.94 US dollars in 2012. The GDP per Capita in Liberia is equivalent to 2 percent of the worlds average. GDP per capita in Liberia is reported by the World Bank.
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