Liberia - Economic Forecasts - 2018-2020 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 136.21
139 147 156 165 207
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 2.50
percent
4 4.1 4.2 3.32 3.87
GDP 2.10
USD Billion
2.05 2.07 2.1 1.9 1.8
GDP per capita 352.60
USD
339 304 331 303 310
GDP per capita PPP 753.60
USD
705 696 688 551 550
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 4.00
percent
4.05 4.07 4.1 4.1 4
Population 4.70
Million
4.8 4.77 4.8 4.82 5.11
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 17.80
percent
10.2 8.3 9.4 9.1 10
Food Inflation 11.60
percent
8.42 9.36 9.94 10.3 10.89
Consumer Price Index Cpi 319.64
Index Points
313 325 340 347 409
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 13.30
percent
13.28 13.28 13.28 13.25 11
Deposit Interest Rate 3.85
percent
3.92 3.89 3.86 3.89 4.29
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -76.90
USD Million
-46.2 -55.24 -49.87 -56 -49.83
Exports 13.70
USD Million
27.96 22.88 26.44 21.81 26.02
Imports 90.60
USD Million
74.16 78.12 74.47 77.81 75.85
Current Account -174.80
USD Million
-213 -213 -221 -224 -225
Current Account to GDP -15.80
percent
-35 -35 -35 -32 -30
Terrorism Index 0.13
0.39 0.26 0.13 0.11 0.53
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 28.80
percent
25 25 25 21 19
Government Budget -4.10
percent of GDP
-5.27 -4.51 -3.75 -4.62 -4.57
Military Expenditure 13.40
USD Million
12.25 11.98 11.71 11.71 13.07
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 1810.27
KBps
1920 1454 1790 1704 1649
IP Addresses 43914.00
IP
2782 2896 2267 2094 1627
Ease of Doing Business 172.00
172 172 172 172 172
Cement Production 20124.00
Tonnes
36779 43214 41278 32479 20804
Competitiveness Index 3.08
Points
3.14 3.14 3.14 3.14 3.14
Competitiveness Rank 134.00
132 132 132 132 132
Corruption Index 31.00
Points
31 31 31 31 31
Corruption Rank 122.00
122 122 122 122 122
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 24.71
celsius
25.94 24.39 25.25 26.18 25.99