Liberia: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Liberia

Fiscal balance, percent of GDP

 Latest value -3.00
 Year 2023
 Measure percent
 Data availability 2000 - 2023
 Average -2.28
 Min - Max -6.50 - 4.16
 Source African Development Bank
For that indicator, we provide data for Liberia from 2000 to 2023. The average value for Liberia during that period was -2.28 percent with a minimum of -6.5 percent in 2022 and a maximum of 4.16 percent in 2006. The latest value from 2023 is -3 percent. For comparison, the world average in 2023 based on 112 countries is -3.16 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Liberia - Fiscal balance, percent of GDP - Recent values chart

Historical chart
Liberia - Fiscal balance, percent of GDP - historical chart - 2000-2023




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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 Related indicators Latest value Reference Measure
 Fiscal balance, percent of GDP -3.00 2023 percent
 Government debt 53.90 2022 percent
 Tax revenue 12.46 2013 percent
 Commercial tax rate 46.20 2019 percent
 Tax preparation time 140 2019 hours
 Number of taxes 33 2019 taxes
 Foreign aid 598.99 2021 million U.S. dollars
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