Government Budget in Liberia decreased to -5.70 percent of GDP in 2019 from -5.40 percent of GDP in 2018. source: Central Bank of Liberia

Government Budget in Liberia averaged -2.15 percent of GDP from 2002 until 2019, reaching an all time high of 3.80 percent of GDP in 2007 and a record low of -8.40 percent of GDP in 2015. 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 January of 2021.

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
-5.70 -5.40 3.80 -8.40 2002 - 2019 percent of GDP Yearly

Liberia Government Last Previous Highest Lowest Unit
Government Debt to GDP 39.60 32.00 720.73 17.80 percent [+]
Government Budget -5.70 -5.40 3.80 -8.40 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.