Liberia: Export value index (2015 = 100)

Key figures

What the numbers say

In 2024, Liberia's export value index (2015 = 100) rose 56.5 on 2023 (from 396.7 to 453.2).

Across the 18 yearly changes before that (2006 to 2023), the average change was +19.46 and a typical year strayed about 37.89 from that (the standard deviation). This year's change was 1.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 96.5 in 2021 and the biggest yearly fall was 56.4 in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 41.44 a year. A straight line explains 96% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Liberia had the 8th highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Liberia in the 2024 ranking

• Rwanda — 5th of 204: 491.3
• Timor-Leste — 6th of 204: 475.8
• Micronesia, Fed. Sts. — 7th of 204: 470
• Uganda — 9th of 204: 359.7
• Bermuda — 10th of 204: 350.8
• Congo, Dem. Rep. — 11th of 204: 346.1

What this measures

Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's export value indexes are reported for most economies.

All 20 values

Export value index (2015 = 100) in nearby economies

• Angola — 118.8 (2024)
• Benin — 225.3 (2024)
• Botswana — 73.6 (2024)
• Burkina Faso — 259.4 (2024)
• Burundi — 145.4 (2024)
• Cabo Verde — 112.7 (2024)
• Cameroon — 145.7 (2024)
• Central African Republic — 143.8 (2024)
• Chad — 186.6 (2024)
• Comoros — 175.7 (2024)
• Congo, Dem. Rep. — 346.1 (2024)

More trade data for Liberia

• Import volume index (2015 = 100) — 97.3 (2024)
• Import value index (2015 = 100) — 124 (2024)
• Net barter terms of trade index (2015 = 100) — 134.3 (2024)
• Export volume index (2015 = 100) — 264.8 (2024)

Every indicator for Liberia is on the Liberia data page.

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Liberia's export value index (2015 = 100)?

453.2 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 876.72% from 46.4 in 2005 (12.74% a year on average, compounded). The highest value was 453.2 in 2024 and the lowest 46.4 in 2005.

How does Liberia rank?

8th highest of 204 economies with data for 2024.

Is the latest change in export value index (2015 = 100) unusual for Liberia?

In 2024, Liberia's export value index (2015 = 100) rose 56.5 on 2023 (from 396.7 to 453.2). Across the 18 yearly changes before that (2006 to 2023), the average change was +19.46 and a typical year strayed about 37.89 from that (the standard deviation). This year's change was 1.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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