Liberia's net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) was US$50.25 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 13.36% from US$58 million in 2014 (1.42% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$50.25 million | 2024 |
| Five years earlier | −US$6.57 million | 2019 |
| Ten years earlier | US$58 million | 2014 |
| Highest | US$58 million | 2014 |
| Lowest | −US$7.89 million | 2021 |
| Average since 2015 | US$8.93 million | 2015–2024 |
| First recorded | US$58 million |
What the numbers say
In 2024, Liberia's net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) rose US$10.55 million on 2023 (from US$39.7 million to US$50.25 million).
Across the 9 yearly changes before that (2015 to 2023), the average change was −US$2.03 million and a typical year strayed about US$21.21 million from that (the standard deviation). This year's change was 0.6 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 US$31.03 million in 2022 and the biggest yearly fall was US$44.99 million 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 US$4.76 million a year. A straight line explains 44% 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 32nd highest value of the 79 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.
| Value | Year | |
|---|---|---|
| Liberia | US$50.25 million | 2024 |
| Low income | US$4.05 billion | 2024 |
Closest to Liberia in the 2024 ranking
- Uganda — 29th of 79: US$101.54 million
- Kosovo — 30th of 79: US$99.68 million
- Burkina Faso — 31st of 79: US$68.23 million
- Myanmar — 33rd of 79: US$32.05 million
- Tajikistan — 34th of 79: US$29.12 million
- Lesotho — 35th of 79: US$11.61 million
What this measures
Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 11 values
| Year | Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) |
|---|---|
| 2024 | 50,249,000 |
| 2023 | 39,701,000 |
| 2022 | 23,143,000 |
| 2021 | -7,886,000 |
| 2020 | -6,550,000 |
| 2019 | -6,571,000 |
| 2018 | -5,422,000 |
| 2017 | -4,255,000 |
| 2016 | -6,112,000 |
| 2015 | 13,010,000 |
Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) in nearby economies
- Angola — US$315.18 million (2024)
- Benin — US$504.98 million (2023)
- Burkina Faso — US$68.23 million (2024)
- Cameroon — −US$53.46 million (2024)
- Côte d'Ivoire — −US$141.21 million (2024)
- Eswatini — −US$37.85 million (2024)
- Ghana — −US$1.24 billion (2024)
- Guinea-Bissau — −US$23.6 million (2020)
More economic policy & debt data for Liberia
- GDP (current US$) — US$5.25 billion (2025)
- GDP (current LCU) — 5.25 billion (2025)
- GDP (constant 2015 US$) — US$3.92 billion (2025)
- GDP (constant LCU) — 4.19 billion (2025)
- GDP per capita (current US$) — US$915.33 (2025)
- GDP per capita (current LCU) — 915.33 (2025)
- GDP per capita (constant 2015 US$) — US$684.04 (2025)
- GDP per capita (constant LCU) — 731.74 (2025)
- GNI (current US$) — US$4.88 billion (2025)
- GNI (current LCU) — 4.88 billion (2025)
- GNI per capita (current LCU) — 851.82 (2025)
Reading data like this
Questions people ask
- What is Liberia's net flows on external debt, private nonguaranteed (PNG) (NFL, current US$)?
- US$50.25 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2014?
- It is down 13.36% from US$58 million in 2014 (1.42% a year on average, compounded). The highest value was US$58 million in 2014 and the lowest −US$7.89 million in 2021.
- How does Liberia rank?
- 32nd highest of 79 economies with data for 2024.
- Is the latest change in net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) unusual for Liberia?
- In 2024, Liberia's net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) rose US$10.55 million on 2023 (from US$39.7 million to US$50.25 million). Across the 9 yearly changes before that (2015 to 2023), the average change was −US$2.03 million and a typical year strayed about US$21.21 million from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.NFL.DPNG.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in