Liberia recorded a Government Budget deficit equal to 1.40 percent of the country's Gross Domestic Product in 2025. Government Budget in Liberia averaged -2.58 percent of GDP from 2002 until 2025, reaching an all time high of 3.80 percent of GDP in 2007 and a record low of -8.50 percent of GDP in 2023. source: IMF

Government Budget in Liberia is expected to reach -2.80 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Liberia Government Budget is projected to trend around -2.50 percent of GDP in 2027 and -2.30 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Government Budget -1.40 -1.80 percent of GDP Dec 2025
Government Debt to GDP 54.10 55.20 percent of GDP Dec 2025
Holidays
Military Expenditure 44.20 33.80 USD Million Dec 2025


Liberia Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-1.40 -1.80 3.80 -8.50 2002 - 2025 percent of GDP Yearly