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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 157.29
157 158 160 161 167
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 2.50
percent
4.2 3.32 1.85 1.12 3.87
GDP 2.16
USD Billion
2.2 2.2 2.2 2.2 2.4
GDP per capita 352.30
USD
360 370 370 370 370
GDP per capita PPP 752.79
USD
724 551 551 714 705
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 2.40
percent
2.5 2.7 2.7 2.7 2.7
Population 4.70
Million
4.8 4.82 4.85 4.88 5.11
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 26.10
percent
16.4 15.6 13.6 12 10
Food Inflation 23.70
percent
17.95 15.72 14.3 13.4 11.88
Consumer Price Index Cpi 353.88
Index Points
361 377 402 396 445
Cpi Housing Utilities 165.75
Index Points
157 157 157 157 157
Cpi Transportation 567.82
Index Points
487 487 487 487 487
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 13.00
percent
13 13 12.5 12.5 11
Deposit Interest Rate 3.85
percent
3.85 3.85 3.35 3.35 1.85
Money Supply M1 63449.00
LRD Million
69311 72151 75244 76669 87147
Money Supply M2 95801.19
LRD Million
105195 109999 115151 120069 158548
Central Bank Balance Sheet 125184037.00
LRD Thousand
125283761 125287716 125288270 125288315 125288318
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -62.70
USD Million
-52.51 -52.55 -52.51 -52.51 -52.51
Exports 23.50
USD Million
29.95 30.02 30.04 30.04 30.04
Imports 86.20
USD Million
82.45 82.57 82.55 82.55 82.55
Current Account -134.10
USD Million
-210 -205 -207 -215 -221
Current Account to GDP -15.80
percent
-35 -32 -32 -32 -30
External Debt 676.40
USD Million
680 681 681 681 681
Terrorism Index 0.13
0.13 0.13 0.13 0.13 0.13
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 28.80
percent
25 21 21 21 19
Government Budget -4.10
percent of GDP
-4.1 -4.1 -4.1 -4.1 -4.1
Military Expenditure 13.40
USD Million
13.62 13.57 13.53 13.48 13.91
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 1810.27
KBps
2015 1929 1818 1882 1743
IP Addresses 43914.00
IP
2267 2094 1910 1826 1627
Ease of Doing Business 174.00
181 173 169 164 167
Cement Production 21730.00
Tonnes
24247 24769 23869 23853 23985
Competitiveness Index 40.55
Points
41.05 41.05 41.05 41.05 43.55
Competitiveness Rank 132.00
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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Temperature 24.71
celsius
25.25 26.18 26.23 26.23 25.99



Liberia - Economic Forecasts - 2018-2020 Outlook