Categories :

What is the current GDP of Liberia 2020?

What is the current GDP of Liberia 2020?

3.03 billion US dollars
In 2020, GDP for Liberia was 3.03 billion US dollars. GDP of Liberia increased from 0.91 billion US dollars in 2001 to 3.03 billion US dollars in 2020 growing at an average annual rate of 7.25%.

What is the GDP of Liberia 2021?

Liberia: Gross domestic product (GDP) in current prices from 2006 to 2026 (in billion U.S. dollars)

Characteristic Gross domestic product in billion U.S. dollars
2021* 3.37
2020* 3.03
2019* 3.06
2018 3.26

What is the percent of Liberia growth rate?

Liberia gdp growth rate for 2017 was 2.47%, a 4.07% increase from 2016….Liberia GDP Growth Rate 2001-2021.

Liberia GDP Growth Rate – Historical Data
Year GDP Growth (%) Annual Change
2019 -2.28% -3.50%
2018 1.22% -1.25%
2017 2.47% 4.07%

What was the GDP growth rate in 2020?

Characteristic GDP growth rate compared to previous year
2022* 3.52%
2021* 6.39%
2020 -3.51%
2019 2.16%

Why is Liberia so poor?

Because of the country’s low agricultural production and poor household incomes, Liberia has suffered from chronic food insecurity since the civil war. Currently, 38.4% of the population is food insecure, 25% of the population does not have access to drinking water, and just 17% have access to basic health services.

What is the literacy rate in Liberia?

48.3 %
Liberia – Adult (15+) literacy rate In 2017, adult literacy rate for Liberia was 48.3 %. Adult literacy rate of Liberia increased from 32.1 % in 1984 to 48.3 % in 2017 growing at an average annual rate of 23.11%.

Is Liberia a poor country?

Despite its abundant natural wealth and favorable geographic location, Liberia is among the world’s poorest countries. The country is rich in natural resources which include iron ore, diamonds, gold, fertile soil, fishery and forestry. However, the economic potential of these assets remains largely untapped.

What is the average income in Liberia?

Median and Average Income in Liberia top

Y-o-Y Change
Average Household Income $56,688.00 2.7%
Median Household Income $43,494.00 4.5%
People below Poverty Level 8,007 -2.8%
People above Poverty Level 35,823 2.0%

Is Liberia the poorest country in the world 2020?

What was the GDP for 2020?

around 20.93 trillion U.S. dollars
The gross domestic product of the United States in 2020 amounted to around 20.93 trillion U.S. dollars.

Which country has highest GDP growth rate?

List (2020)

Rank Country/region Real GDP growth rate (%)
1 Guyana 43.38
64 Guinea-Bissau -2.40
66 Kazakhstan -2.59
26 Malawi 0.60

Is Liberia improving?

Poverty remains widespread in Liberia and is now on the rise. An estimated 44% of Liberians were living with less than $2 a day in 2016 and is now projected to reach 52% in 2021. Access to healthcare, education, and basic utilities like energy, are also particularly low compared to the rest of the region.

What countries have the largest GDP?

The United States has the largest economy in the world with a nominal GDP of $20.4 trillion according to the International Money Fund . This number represents about a quarter of the global economy. China takes up the second spot with a nominal GDP of 14 trillion USD.

What state has the most GDP?

California is the largest economy today – it has a state GDP of $2.6 trillion, which is comparable to the United Kingdom.

What is the current global GDP?

The statistic shows global GDP (gross domestic product) from 2014 to 2017, with projections up until 2024. In 2017, global GDP amounted to about 80.14 trillion U.S. dollars.

What are the top 10 GDP countries in the world?

Virtually all countries around the world measure and report their GDP on a regular basis. This allows us to compare the economic strength of countries around the world. The world’s top 10 economies by GDP (1 to 10) are the United States, China, Japan, Germany, United Kingdom, France, India, Italy, Brazil, and Canada.