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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 127.57
134 142 150 159 199
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate -0.50
percent
3.8 4 4.1 4.2 3.87
GDP 2.10
USD Billion
2.02 2.05 2.07 2.1 1.9
GDP per capita 352.60
USD
372 366 361 355 404
GDP per capita PPP 753.60
USD
714 705 696 688 551
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4.00
percent
4.22 4.25 4.27 4.3 4
Population 4.60
Million
4.7 4.8 4.66 4.69 4.9
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 13.10
percent
9.2 10.2 12.2 9.4 10
Food Inflation 6.00
percent
9.22 9.96 10.4 10.67 11.08
Consumer Price Index Cpi 296.82
Index Points
302 301 301 300 296
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 13.28
percent
13.28 13.28 13.28 13.28 11
Deposit Interest Rate 3.85
percent
3.99 3.93 3.88 3.82 4.23
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -24.00
USD Million
-37.18 -38.15 -38.87 -39.39 -40.74
Exports 46.40
USD Million
30.54 28.63 27.26 26.21 22.98
Imports 70.40
USD Million
67.93 67.07 66.19 65.47 61.89
Current Account -118.30
USD Million
-130 -129 -129 -131 -138
Current Account to GDP -25.10
percent
-35 -35 -30.83 -35 -30
Terrorism Index 0.13
0.51 0.39 0.26 0.13 0.35
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 23.60
percent
25 25 47.95 25 19
Government Budget -2.20
percent of GDP
-3.07 -1.88 -0.7 0.48 1.41
Military Expenditure 12.00
USD Million
10.76 10.45 10.15 9.85 8.8
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 1810.27
KBps
1904 1920 1454 1790 1617
IP Addresses 43914.00
IP
4608 2782 2896 2267 1646
Ease of Doing Business 172.00
166 164 162 160 154
Cement Production 13520.00
Tonnes
13874 13897 13911 13921 13940
Competitiveness Index 3.08
Points
3.24 3.24 3.24 3.24 3.18
Competitiveness Rank 134.00
127 127 127 127 125
Corruption Index 37.00
Points
34 34 34 34 29
Corruption Rank 90.00
89 90 92 93 100
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 24.71
celsius
26.13 25.94 24.39 25.25 25.99