Liberia recorded a Government Budget deficit equal to 3.90 percent of the country's Gross Domestic Product in 2018.

Government Budget in Liberia averaged -1.96 percent of GDP from 2002 until 2018, reaching an all time high of 3.80 percent of GDP in 2007 and a record low of -9.40 percent of GDP in 2016. This page provides - Liberia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Liberia Government Budget - values, historical data and charts - was last updated on October of 2020.

Government Budget in Liberia is expected to reach -9.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Liberia Government Budget is projected to trend around -8.60 percent of GDP in 2021 and -7.00 percent of GDP in 2022, according to our econometric models.

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Liberia Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.90 -7.90 3.80 -9.40 2002 - 2018 percent of GDP Yearly

Liberia Government Last Previous Highest Lowest Unit
Government Debt to GDP 32.00 28.80 720.73 17.80 percent [+]
Government Budget -3.90 -7.90 3.80 -9.40 percent of GDP [+]
Military Expenditure 13.00 15.30 17.50 5.20 USD Million [+]
Credit Rating 15.00 [+]


Liberia Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.