Liberia's secondary income, other sectors, payments (BoP, current US$) was US$171.71 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 45.35% from US$314.17 million in 2014 (5.86% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$171.71 million | 2024 |
| Five years earlier | US$203.87 million | 2019 |
| Ten years earlier | US$314.17 million | 2014 |
| Highest | US$387.05 million | 2012 |
| Lowest | US$689,080 | 1980 |
| Average since 2015 | US$210.59 million | 2015–2024 |
| First recorded | US$753,681 |
What the numbers say
In 2024, Liberia's secondary income, other sectors, payments (BoP, current US$) rose 7.9% on 2023 (from US$159.1 million to US$171.71 million).
Across the 21 yearly changes before that (1980 to 2023), the average change was +4.3% and a typical year strayed about 35.9% from that (the standard deviation). This year's change was 0.1 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 127.3% in 1982 and the biggest yearly fall was 50.9% in 2020. 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 downward, about US$23.03 million a year. A straight line explains 62% 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 13th highest value of the 29 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$171.71 million | 2024 |
| World | US$1.27 trillion | 2024 |
| Sub-Saharan Africa | US$12.96 billion | 2024 |
| Low income | US$3.96 billion | 2023 |
Closest to Liberia in the 2024 ranking
- Bahamas, The — 10th of 29: US$287.45 million
- Mali — 11th of 29: US$234.89 million
- Burkina Faso — 12th of 29: US$227.55 million
- Nicaragua — 14th of 29: US$162.6 million
- Guinea — 15th of 29: US$114.92 million
- Fiji — 16th of 29: US$106.43 million
What this measures
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 24 values
| Year | Secondary income, other sectors, payments (BoP, current US$) |
|---|---|
| 2024 | 171,711,489 |
| 2023 | 159,099,349 |
| 2022 | 123,294,738 |
| 2021 | 122,109,780 |
| 2020 | 100,156,062 |
| 2019 | 203,871,015 |
| 2018 | 330,977,441 |
| 2017 | 266,838,774 |
| 2016 | 319,812,835 |
| 2015 | 308,028,818 |
Secondary income, other sectors, payments (BoP, current US$) in nearby economies
- Angola — US$337.63 million (2025)
- Benin — US$119.57 million (2023)
- Botswana — US$268.91 million (2025)
- Burkina Faso — US$227.55 million (2024)
- Burundi — US$19.91 million (2025)
- Cabo Verde — US$52.8 million (2025)
- Cameroon — US$365.92 million (2024)
- Comoros — US$67.02 million (2023)
- Congo, Dem. Rep. — US$1.37 billion (2025)
More economic policy & debt data for Liberia
- GDP (current US$) — 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$4.88 billion (2025)
- GNI (current LCU) — 4.88 billion (2025)
- GNI per capita (current LCU) — 851.82 (2025)
Reading data like this
Questions people ask
- What is Liberia's secondary income, other sectors, payments (BoP, current US$)?
- US$171.71 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1979?
- It is up 22,683% from US$753,681 in 1979 (12.82% a year on average, compounded). The highest value was US$387.05 million in 2012 and the lowest US$689,080 in 1980.
- How does Liberia rank?
- 13th highest of 29 economies with data for 2024.
- Is the latest change in secondary income, other sectors, payments (BoP, current US$) unusual for Liberia?
- In 2024, Liberia's secondary income, other sectors, payments (BoP, current US$) rose 7.9% on 2023 (from US$159.1 million to US$171.71 million). Across the 21 yearly changes before that (1980 to 2023), the average change was +4.3% and a typical year strayed about 35.9% from that (the standard deviation). This year's change was 0.1 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 BM.TRF.PRVT.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, 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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