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Liberia

LBR Β· Sub-Saharan Africa / Sub-Saharan Africa (excluding high income)

Liberia: GDP 1.9K intl$ per capita, population 5.6M, inflation 8.2%. Compare economy, demographics and cost of living with other countries.

Location

Key Facts

Region
Sub-Saharan Africa
Sub-Saharan Africa (excluding high income)
Population
5.61M
2024
View all demographics β†’

Geography and Government

Area
111,369 kmΒ²
Capital
Monrovia
ISO 2
LR
ISO 3
LBR
Calling code
+231
Internet TLD
.lr
Government type
presidential republic

Age Structure

0-14 years 38.9%
15-64 years 57.9%
65+ years 3.2%

Languages

Language Type Share Speakers
English Official 20.0% -

Religions

Religion Type Share Adherents
Christian Major 84.9% -
Muslim Minor 12.0% -
None Minor 2.6% -
Traditional Minor 0.5% -
Other Minor 0.1% -

Population & Demographics

Basic Demographics

Population, total
5.61M
2024
Population growth (annual %)
2.16%
2024
Population density (people per sq. km of land area)
57.0 per kmΒ²
2023
Urban population (% of total population)
55.5%
2024

Health Indicators

Life expectancy at birth, total (years)
62.3 years
2024
Birth rate, crude (per 1,000 people)
30.58 per 1,000
2024
Death rate, crude (per 1,000 people)
8.02 per 1,000
2024
Fertility rate, total (births per woman)
3.86 children
2024
Mortality rate, infant (per 1,000 live births)
63.2 per 1,000
2024

Education

Educational attainment, at least completed short-cycle tertiary, population 25+, total (%) (cumulative)
2.0%
2017
Literacy rate, adult total (% of people ages 15 and above)
59.4%
2010

Economy Snapshot

Key Economic Indicators

GDP per capita (current US$)
$851
2024
Inflation, consumer prices (annual %)
8.2%
2024
Unemployment, total (% of labor force)
2.9%
2025
GNI per capita (current US$)
$760
2024

Macroeconomic Indicators

GDP (current US$)
$4.78B
2024
GDP growth (annual %)
4.0%
2024
GDP per capita, PPP (current international $)
1.9K intl$
2024

Other Indicators

Foreign direct investment, net inflows (% of GDP)
9.9%
2024

Explore More

Frequently Asked Questions

What is the average income in Liberia?

According to our data, the average income in Liberia is approximately $760 (GNI per capita) as of 2024. This figure represents Gross National Income per capita and provides insight into the economic prosperity and living standards in the country.

What is the inflation rate in Liberia in 2024?

The inflation rate in Liberia is 8.2% as of 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

How does Liberia compare to other countries in Sub-Saharan Africa ?

Liberia is located in Sub-Saharan Africa and can be compared with other countries in the region across various economic and demographic indicators including inflation rates, unemployment, average income, cost of living, population statistics, and life expectancy. Explore our comprehensive inflation comparison, unemployment rankings, cost of living data, population statistics, and life expectancy data to see how Liberia compares to neighboring and regional countries.

Liberia is located in Sub-Saharan Africa , Sub-Saharan Africa (excluding high income). Explore detailed statistics on economy, population, demographics, inflation, unemployment, and cost of living, with up-to-date data from the World Bank, IMF, UN, and other authoritative sources.

Our comprehensive database provides real-time insights into Liberia's economic performance and demographic trends, allowing you to compare with other countries and understand global patterns. Access current economic indicators, population statistics, historical data, and comparative analysis to gain a deeper understanding of Liberia's economic and demographic landscape. For detailed economic data, visit our economy page, and for demographic information, explore our population statistics section.

Sources and References

Data sources: World Bank, IMF, UN Data, Transparency International.

All data is compiled from publicly available sources and updated regularly. Economic indicators may vary based on reporting methodologies and data availability periods.

Codes and Abbreviations

ISO 2
LR
ISO 3
LBR
IOC code
LBR
Vehicle code
LB
Latitude
6.30
Longitude
-10.80

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