Net trade in goods and services in Liberia
Liberia: Net trade in goods and services was -412.26 million BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Liberia, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Liberia is -412.26 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 59.3% on the previous year and up 77.1% over ten years.
Over the whole period, net trade in goods and services in Liberia peaked at 2.70 million BoP, current US$ in 1986 and was at its lowest, -1.80 billion BoP, current US$, in 2014.
That places Liberia 110th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 585,718 BoP, current US$ | 585,718 BoP, current US$ | 585,718 BoP, current US$ | 1 |
| 1980s | 1.29 million BoP, current US$ | -521,117 BoP, current US$ | 2.70 million BoP, current US$ | 8 |
| 2000s | -1.10 billion BoP, current US$ | -1.38 billion BoP, current US$ | -741.50 million BoP, current US$ | 6 |
| 2010s | -1.07 billion BoP, current US$ | -1.80 billion BoP, current US$ | -542.98 million BoP, current US$ | 10 |
| 2020s | -693.59 million BoP, current US$ | -1.01 billion BoP, current US$ | -412.26 million BoP, current US$ | 5 |
Countries ranked near Liberia
- 107 Kiribati -354.75 million BoP, current US$ compare
- 108 Comoros -355.58 million BoP, current US$ compare
- 109 Eritrea -402.03 million BoP, current US$ compare
- 111 Vanuatu -427.26 million BoP, current US$ compare
- 112 Burkina Faso -547.37 million BoP, current US$ compare
- 113 Bhutan -564.35 million BoP, current US$ compare
More economy & growth data for Liberia
- Gross value added at basic prices (GVA) 5.10 billion current US$ (2025)
- Inflation, consumer prices 8.3% (2025)
- Total reserves minus gold 338.80 million current US$ (2025)
- Total reserves 338.80 million includes gold, current US$ (2025)
- Services, value added 4.4% (2025)
- Services, value added 1.61 billion constant LCU (2025)
- Services, value added 40.0% (2025)
- Inflation, GDP deflator 4.5% (2025)
- GDP deflator 125.09 base year varies by country (2025)
- Foreign direct investment, net inflows 471.54 million BoP, current US$ (2024)
Frequently asked questions
- What is net trade in goods and services in Liberia?
- Net trade in goods and services in Liberia was -412.26 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Liberia?
- The highest recorded value was 2.70 million BoP, current US$ in 1986.
- What is the lowest net trade in goods and services recorded in Liberia?
- The lowest recorded value was -1.80 billion BoP, current US$ in 2014.
- How does Liberia rank for net trade in goods and services?
- Liberia ranks 110th out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Liberia?
- Over the last ten years it is up 77.1%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.