Service exports — all countries

Service exports — Liberia

Service exports in Liberia in 2024 — 42,640,286 US$. Ranked 162 in the world out of 165. Since 1979, the indicator has risen by 11,548%.

2024 42.64M US$ +6.55% vs 2023
World rank 162of 165
Period maximum 510M US$2008
Period minimum 247,638 US$1981

Trend over time

1979–2024 · US$

Service exports — Liberia, 1979–20240200M400M600M19791984198919941999200420092014201920241979: 366,074 US$1980: 282,092 US$1981: 247,638 US$1982: 704,154 US$1983: 829,049 US$1984: 794,595 US$1985: 745,068 US$1986: 1,225,270 US$1987: 1,130,522 US$2004: 212,391,120 US$2005: 213,238,728 US$2006: 336,497,066 US$2007: 346,172,466 US$2008: 509,605,735 US$2009: 274,100,651 US$2010: 125,308,890 US$2011: 120,741,977 US$2012: 99,401,112 US$2013: 95,390,474 US$2014: 245,694,297 US$2015: 198,800,965 US$2016: 87,122,223 US$2017: 61,770,745 US$2018: 10,388,263 US$2019: 11,078,085 US$2020: 34,474,997 US$2021: 32,075,810 US$2022: 30,515,154 US$2023: 40,017,311 US$2024: 42,640,286 US$
Change over the period: +42.27M (+11,548%) Average annual rate: 11.15 %

Comparison, 2024

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

Liberia 42.64M US$
World 8.85T US$
Sub-Saharan Africa 85.52B US$
Western Africa computed 18.2B US$
Service exports — Liberia, by year Liberia All countries CSV XLSX
Year US$ Change Change, %
2024 42.64M +2.62M +6.55%
2023 40.02M +9.5M +31.14%
2022 30.52M −1.56M −4.87%
2021 32.08M −2.4M −6.96%
2020 34.47M +23.4M +211.2%
2019 11.08M +689,822 +6.64%
2018 10.39M −51.38M −83.18%
2017 61.77M −25.35M −29.1%
2016 87.12M −112M −56.18%
2015 199M −46.89M −19.09%
2014 246M +150M +157.57%
2013 95.39M −4.01M −4.03%
2012 99.4M −21.34M −17.67%
2011 121M −4.57M −3.64%
2010 125M −149M −54.28%
2009 274M −236M −46.21%
2008 510M +163M +47.21%
2007 346M +9.68M +2.88%
2006 336M +123M +57.8%
2005 213M +847,607 +0.4%
2004 212M
1987 1.13M −94,749 −7.73%
1986 1.23M +480,203 +64.45%
1985 745,068 −49,528 −6.23%
1984 794,595 −34,454 −4.16%
1983 829,049 +124,896 +17.74%
1982 704,154 +456,516 +184.35%
1981 247,638 −34,454 −12.21%
1980 282,092 −83,982 −22.94%
1979 366,074

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

Source: World Development Indicators (World Bank), license CC BY 4.0.