Liberia GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$4.78

Source: world bank Nominal/PPP
Summary:

Liberia GDP Per Capita expanded from 1960 to 2024, increasing from $0.19 to $4.78 .The compound annual growth rate (CAGR) averaged 5.17% over the period. The economy recorded its peak level in 2024 and its lowest level in 1994. Growth volatility remained high. The maximum drawdown reached 87.5%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.

Latest GDP Per Capita of Liberia 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 4.78 dollars$ 10.50 Int dollars
Growth (YoY)8.868%6.537%
Net Change vs Previous Year$ 0.39 dollars$ 0.64 Int dollars
% of World GDP Per Capita0.00%0.01%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Liberia GDP | Liberia GDP Growth

Liberia Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19600.19-----
19610.18-0.01-3.451 %---
19620.190.014.318 %---
19630.20.014.361 %---
19640.220.029.339 %---
19650.230.014.719 %---
19660.240.026.629 %---
19670.260.026.776 %---
19680.280.026.052 %---
19690.310.0310.888 %---
19700.320.025.257 %---
19710.340.025.708 %---
19720.370.037.775 %---
19730.390.025.126 %---
19740.490.125.838 %---
19750.580.0918.604 %---
19760.60.023.312 %---
19770.670.0812.793 %---
19780.720.046.572 %---
19790.810.113.5 %---
19800.850.044.993 %---
19810.85-0.01-0.959 %---
19820.860.022.058 %---
19830.82-0.04-4.695 %---
19840.850.033.049 %---
19850.8500.332 %---
19860.84-0.01-1.214 %---
19870.970.1315.677 %---
19881.040.076.733 %---
19890.79-0.25-24.27 %---
19900.38-0.4-51.113 %1.75--
19910.35-0.04-9.469 %1.55-0.2-11.324 %
19920.22-0.12-35.776 %1.03-0.52-33.606 %
19930.16-0.06-28.233 %0.71-0.32-31.387 %
19940.13-0.03-17.581 %0.56-0.14-20.092 %
19950.1301.967 %0.55-0.01-2.259 %
19960.160.0218.249 %0.630.0814.174 %
19970.30.1485.634 %1.320.69109.837 %
19980.360.0621.528 %1.740.4231.671 %
19990.440.0822.859 %2.150.4123.464 %
20000.870.4397.827 %2.830.6831.529 %
20010.910.033.661 %2.970.155.238 %
20020.930.022.318 %3.130.165.375 %
20030.75-0.18-19.31 %2.23-0.9-28.766 %
20040.90.1519.92 %2.350.125.379 %
20050.950.055.797 %2.560.28.582 %
20061.120.1717.914 %2.850.2911.376 %
20071.370.2522.699 %3.20.3612.503 %
20081.730.3525.71 %3.50.299.21 %
20091.770.042.433 %3.70.215.95 %
201020.2313.009 %3.980.277.389 %
20112.40.420.02 %4.390.4210.433 %
20122.790.3916.414 %5.060.6715.163 %
20133.180.3913.812 %6.081.0220.174 %
20143.230.051.525 %6.480.46.506 %
20153.2300.044 %6.25-0.23-3.552 %
20163.40.175.31 %7.090.8413.478 %
20173.39-0.01-0.227 %8.070.9913.908 %
20183.420.030.945 %8.90.8310.231 %
20193.32-0.1-3.014 %9.580.687.658 %
20203.18-0.14-4.322 %8.55-1.04-10.803 %
20213.510.3410.608 %8.1-0.45-5.271 %
202240.4913.891 %9.090.9912.28 %
20234.390.399.721 %9.860.778.451 %
20244.780.398.868 %10.50.646.537 %

Liberia Economic Phases (1960 - 2024)

From 1960 to 2024, Liberia economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Expansion (1962–1963) indicating steady moderate growth
  • High Growth (1966–1975) indicating robust economic expansion
  • High Growth (1977–1979) indicating robust economic expansion
  • Expansion (1984–1985) indicating steady moderate growth
  • High Growth (1987–1988) indicating robust economic expansion
  • Crisis (1989–1990) indicating severe economic downturn
  • Crisis (1992–1994) indicating severe economic downturn
  • High Growth (1996–2000) indicating robust economic expansion
  • Expansion (2001–2002) indicating steady moderate growth
  • High Growth (2004–2008) indicating robust economic expansion
  • High Growth (2010–2013) indicating robust economic expansion
  • Expansion (2014–2015) indicating steady moderate growth
  • Contraction (2019–2020) indicating temporary slowdown
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 2000 with an increase of 97.827%, while the largest decline was in 1990 at -51.113%.