Service imports — all countries

Service imports — Liberia

Service imports in Liberia in 2024 — 252,843,457 US$. Ranked 153 in the world out of 165. Since 1979, the indicator has risen by 16,941.7%.

2024 253M US$ +3.57% vs 2023
World rank 153of 165
Period maximum 1.41B US$2008
Period minimum 1.26M US$1981

Trend over time

1979–2024 · US$

Service imports — Liberia, 1979–20240500M1B1.5B19791984198919941999200420092014201920241979: 1,483,675 US$1980: 1,565,504 US$1981: 1,264,031 US$1982: 1,981,105 US$1983: 2,340,719 US$1984: 1,991,872 US$1985: 1,727,007 US$1986: 1,733,467 US$1987: 1,597,804 US$2004: 779,783,760 US$2005: 855,485,070 US$2006: 1,274,644,488 US$2007: 1,248,821,647 US$2008: 1,411,138,822 US$2009: 1,145,165,378 US$2010: 352,587,071 US$2011: 448,980,620 US$2012: 558,430,474 US$2013: 635,357,793 US$2014: 672,489,966 US$2015: 295,207,318 US$2016: 222,673,572 US$2017: 234,307,568 US$2018: 204,343,552 US$2019: 309,962,420 US$2020: 216,342,620 US$2021: 260,451,341 US$2022: 317,424,556 US$2023: 244,135,899 US$2024: 252,843,457 US$
Change over the period: +251M (+16,941.7%) Average annual rate: 12.1 %

Comparison, 2024

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

Liberia 253M US$
World 8.1T US$
Western Africa computed 45.98B US$
Service imports — Liberia, by year Liberia All countries CSV XLSX
Year US$ Change Change, %
2024 253M +8.71M +3.57%
2023 244M −73.29M −23.09%
2022 317M +56.97M +21.87%
2021 260M +44.11M +20.39%
2020 216M −93.62M −30.2%
2019 310M +106M +51.69%
2018 204M −29.96M −12.79%
2017 234M +11.63M +5.22%
2016 223M −72.53M −24.57%
2015 295M −377M −56.1%
2014 672M +37.13M +5.84%
2013 635M +76.93M +13.78%
2012 558M +109M +24.38%
2011 449M +96.39M +27.34%
2010 353M −793M −69.21%
2009 1.15B −266M −18.85%
2008 1.41B +162M +13%
2007 1.25B −25.82M −2.03%
2006 1.27B +419M +49%
2005 855M +75.7M +9.71%
2004 780M
1987 1.6M −135,663 −7.83%
1986 1.73M +6,460 +0.37%
1985 1.73M −264,865 −13.3%
1984 1.99M −348,847 −14.9%
1983 2.34M +359,614 +18.15%
1982 1.98M +717,074 +56.73%
1981 1.26M −301,473 −19.26%
1980 1.57M +81,828 +5.52%
1979 1.48M

About the indicator

Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.

Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.

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