Liberia: Net domestic credit (current LCU)

Key figures

What the numbers say

In 2024, Liberia's net domestic credit (current LCU) fell 7.9% on 2023 (from 1.73 billion to 1.6 billion).

Across the 30 yearly changes before that (1994 to 2023), the average change was +13.2% and a typical year strayed about 44.6% from that (the standard deviation). This year's change was 0.5 standard deviations below 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 566.4% in 1980 and the biggest yearly fall was 73.9% in 2007. 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 112.51 million a year. A straight line explains 83% 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.

A straight-line projection, tested first

Extending that straight line gives about 1.81 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 346.65 million, against 584.56 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2024, Liberia had the 41st highest value of the 40 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

• Kosovo — 37th of 40: 5.61 billion
• Lesotho — 38th of 40: 3.67 billion
• Montenegro — 39th of 40: 3.65 billion

What this measures

Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

All 50 values

Net domestic credit (current LCU) in nearby economies

• Angola — 17.9 trillion (2025)
• Benin — 3.35 trillion (2025)
• Botswana — 119.01 billion (2025)
• Burkina Faso — 5.09 trillion (2025)
• Burundi — 2.81 trillion (2019)
• Cabo Verde — 195.38 billion (2025)
• Cameroon — 4.4 trillion (2019)
• Central African Republic — 318.11 billion (2016)
• Chad — 1.49 trillion (2016)
• Comoros — 157.23 billion (2024)
• Congo, Dem. Rep.

More financial sector data for Liberia

• GDP deflator (base year varies by country) — 125.09 (2025)
• DEC alternative conversion factor (LCU per US$) — US$1 (2025)
• Inflation, GDP deflator (annual % growth) — 4.52% (2025)
• Official exchange rate (LCU per US$, period average) — US$191.31 (2024)
• Domestic credit to private sector by banks (% of GDP) — 16.95% (2024)
• Net foreign assets (current LCU) — 163.79 million (2024)
• Monetary sector credit to private sector (% of GDP) — 17.21% (2024)
• Broad money (current LCU) — 1.29 billion (2024)
• Broad money (% of GDP) — 27.04% (2024)
• Broad money to total reserves ratio

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Liberia's net domestic credit (current LCU)?

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

How has it changed since 1974?

It is up 41,951% from 3.8 million in 1974 (12.84% a year on average, compounded). The highest value was 1.73 billion in 2023 and the lowest 1.95 million in 1975.

How does Liberia rank?

Source

World Bank, World Development Indicators, indicator FM.AST.DOMS.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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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