Annual inflation, consumer prices in Liberia
Liberia: Annual inflation, consumer prices was 8.2% in 2024. ▲ Rising
Annual inflation, consumer prices in Liberia, 2002–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual inflation, consumer prices in Liberia is 8.2%, measured in 2024.
Compared with earlier readings it is down 18.6% on the previous year and down 16.7% over ten years.
Over the whole period, annual inflation, consumer prices in Liberia peaked at 27.0% in 2019 and was at its lowest, 6.8%, in 2012.
Liberia ranks 40th of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Annual inflation, consumer prices in Liberia, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 14.2% | — |
| 2003 | 10.3% | -27.0% |
| 2004 | 7.8% | -24.2% |
| 2005 | 10.8% | +38.4% |
| 2006 | 7.3% | -32.2% |
| 2007 | 11.4% | +55.2% |
| 2008 | 17.5% | +53.5% |
| 2009 | 7.4% | -57.5% |
| 2010 | 7.3% | -1.9% |
| 2011 | 8.5% | +16.4% |
| 2012 | 6.8% | -19.5% |
| 2013 | 7.6% | +10.9% |
| 2014 | 9.9% | +30.1% |
| 2015 | 7.7% | -21.4% |
| 2016 | 8.8% | +14.0% |
| 2017 | 12.4% | +40.6% |
| 2018 | 23.6% | +89.7% |
| 2019 | 27.0% | +14.4% |
| 2020 | 17.0% | -37.1% |
| 2021 | 7.8% | -53.9% |
| 2022 | 7.6% | -2.8% |
| 2023 | 10.1% | +32.9% |
| 2024 | 8.2% | -18.6% |
Liberia compared with similar countries
- Liberia's 8.2% is below the median for low income countries, which is 8.9%, 92% of the median. (21 countries reporting)
- Liberia's 8.2% is above the median for Sub-Saharan Africa, which is 4.5%, 1.8× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.9% | 7.3% | 17.5% | 8 |
| 2010s | 12.0% | 6.8% | 27.0% | 10 |
| 2020s | 10.1% | 7.6% | 17.0% | 5 |
Countries ranked near Liberia
More development goals data for Liberia
- Red List Index 0.9072 index (2025)
- Number of refugees per 100,000 population, by country of origin 88.92 per 100,000 people (2025)
- Manufacturing value added per capita 37.17 constant US$ (2025)
- Number of transboundary breeds 3 (2025)
- Number of transboundary breeds (not extinct) 3 (2025)
- Number of transboundary breeds with unknown risk status 3 (2025)
- Infant deaths 10,692 (2024)
- Neonatal deaths 5,649 (2024)
- Alcohol consumption per capita (aged 15 years and older) within a 1.69 ltpureal (2024)
- Under-five deaths 14,534 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Liberia?
- Annual inflation, consumer prices in Liberia was 8.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Liberia?
- The highest recorded value was 27.0% in 2019.
- What is the lowest annual inflation, consumer prices recorded in Liberia?
- The lowest recorded value was 6.8% in 2012.
- How does Liberia rank for annual inflation, consumer prices?
- Liberia ranks 40th out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Liberia?
- Over the last ten years it is down 16.7%. The long-run trend across the full record is rising.
- Where does this Liberia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 23 observations, free to reuse under UN SDG Global Database (open, attribution requested).