Liberia | Economic Forecasts | 2017-2020 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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 117.93 116 115 114 113 99.79 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate -0.50 2.1 3.8 4 4.1 3.87 percent [+]
GDP 2.10 2.1 2.07 2.05 2.02 1.9 USD Billion [+]
GDP per capita 352.60 355 359 362 365 404 USD [+]
GDP per capita PPP 753.60 688 673 658 643 551 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4.00 4.3 4.37 4.45 4.52 4 percent [+]
Population 4.60 4.7 4.7 4.8 4.75 4.9 Million [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 10.80 8.1 9.2 10.2 10.8 10 percent [+]
Food Inflation 7.10 9.89 10.46 10.79 10.99 11.27 percent [+]
Consumer Price Index Cpi 284.10 287 286 286 285 281 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 13.30 13.3 13.3 13.3 13.3 11 percent [+]
Deposit Interest Rate 3.85 3.82 3.85 3.87 3.9 4.23 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -67.30 -59.51 -55.22 -52.08 -49.74 -43.31 USD Million [+]
Exports 10.60 15.75 16.98 17.93 18.67 20.94 USD Million [+]
Imports 77.90 81.15 78.32 76.1 74.2 65.54 USD Million [+]
Current Account -99.50 -105 -121 -117 -114 -133 USD Million [+]
Current Account to GDP -36.90 -40 -35 -35 -36.92 -30 percent [+]
Terrorism Index 0.25 0.21 0.2 0.19 0.18 0.43 [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 24.00 28 25 25 95.47 19 percent [+]
Government Budget -12.10 -11.86 -10.5 -9.13 -7.77 -4.76 percent of GDP [+]
Military Expenditure 12.00 9.85 9.65 9.45 9.25 8.8 USD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Ease of Doing Business 174.00 154 153 153 152 157 [+]
Cement Production 21331.00 17736 16580 15769 15200 13927 Tonnes [+]
Competitiveness Index 3.21 3.4 3.35 3.33 3.31 3.4 Points [+]
Competitiveness Rank 131.00 126 126 126 126 125 [+]
Corruption Index 37.00 34 34 34 33 29 Points [+]
Corruption Rank 90.00 93 94 95 95 100 [+]