Liberia recorded a Current Account deficit of 22.40 percent of the country's Gross Domestic Product in 2018.

Current Account to GDP in Liberia averaged -25.03 percent from 1979 until 2018, reaching an all time high of 8.91 percent in 1981 and a record low of -64.70 percent in 2011. This page provides - Liberia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Current Account to GDP in Liberia is expected to be -22.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Liberia Current Account to GDP is projected to trend around -21.00 percent in 2020, according to our econometric models.

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Liberia Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-22.40 -22.70 8.91 -64.70 1979 - 2018 percent Yearly

Liberia Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.