Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Liberia

Fuel exports (% of merchandise exports) in Liberia in 2023 — 1.84%. Ranked 99 in the world out of 157. Since 1967, the indicator has risen by 1.83 pp.

2023 1.84% −3.04 pp vs 2022
World rank 99of 157
Period maximum 4.88%2022
Period minimum 0%1971

Trend over time

1967–2023 · % of merchandise exports

Fuel exports (% of merchandise exports) — Liberia, 1967–2023024619671973197919851991199720032009201520211967: 0.01%1970: 0%1971: 0%1972: 0.04%1973: 0.01%1974: 0.05%1975: 0.04%1976: 0.06%1977: 0%1978: 0.01%1979: 0%1980: 1.16%1981: 0.07%1982: 1.57%1983: 0.12%1984: 0%2017: 0.78%2018: 0.02%2020: 0%2021: 2.6%2022: 4.88%2023: 1.84%
Change over the period: +1.83 pp Annual average: 0.03 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Liberia

Liberia 1.84%
World 12.36%
Western Africa computed 50.09%
Fuel exports (% of merchandise exports) — Liberia, by year Liberia All countries CSV XLSX
Year % Change, pp
2023 1.84 −3.04 pp
2022 4.88 +2.28 pp
2021 2.6 +2.6 pp
2020 0
2018 0.02 −0.75 pp
2017 0.78
1984 0 −0.12 pp
1983 0.12 −1.45 pp
1982 1.57 +1.5 pp
1981 0.07 −1.1 pp
1980 1.16 +1.16 pp
1979 0 −0 pp
1978 0.01 +0 pp
1977 0 −0.06 pp
1976 0.06 +0.01 pp
1975 0.04 −0.01 pp
1974 0.05 +0.04 pp
1973 0.01 −0.03 pp
1972 0.04 +0.04 pp
1971 0 −0 pp
1970 0
1967 0.01

About the indicator

The share of fuel — oil, gas, coal and the products of their refining — in a country's merchandise exports. This is the most direct measure of commodity dependence: for a dozen states the share exceeds ninety percent, meaning that all other exports together take up less than a tenth. A high value speaks not of wealth but of fragility: the revenue of such a country moves with the price of a single commodity, over which it has no influence.

Important: The share is of merchandise exports, not of all exports: services do not enter the denominator. The aggregate for country groups is weighted by merchandise exports — the denominator of the indicator itself.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.