Liberia's economy is resource-based, relying on agriculture, mining, and forestry. Rubber, palm oil, and timber are major exports, while iron ore and gold add to GDP. Agriculture employs most of the population, often at subsistence level. Post-civil war reconstruction has supported growth, but infrastructure, governance, and poverty challenges remain. Foreign aid and remittances play important roles in supporting development. Liberia has potential in renewable energy, fisheries, and agribusiness, though investment is needed. Long-term growth depends on improving infrastructure, stabilizing governance, and diversifying the economy. Despite challenges, natural resources remain the backbone of Liberia's GDP performance.
World Bank GDP economic data: 2010-2024. Last updated Apr 2026. See Liberia GDP per capita.
Liberia GDP Statistics by Year
| Year | GDP Size (in billions $) |
| 2025 (projected) | 5 |
| 2024 | 5 |
| 2023 | 4 |
| 2022 | 4 |
| 2021 | 4 |
| 2020 | 3 |
| 2019 | 3 |
| 2018 | 3 |
| 2017 | 3 |
| 2016 | 3 |
| 2015 | 3 |
| 2014 | 3 |
| 2013 | 3 |
| 2012 | 3 |
| 2011 | 2 |
| 2010 | 2 |