Liberia: Travel services (% of service exports, BoP)

Key figures

Over five years it is down 7.28 percentage points from 17.13% in 2019. Since 1979 it is down 19.56 percentage points from 29.41% in 1979. The World Bank has no value for 25 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2024, Liberia's travel services (% of service exports, BoP) fell 5.83 percentage points on 2023 (from 15.68% to 9.85%).

Across the 17 yearly changes before that (1980 to 2023), the average change was −0.23 percentage points and a typical year strayed about 8.23 percentage points from that (the standard deviation). This year's change was 0.7 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 13.97 percentage points in 2009 and the biggest yearly fall was 25.13 percentage points in 1982. The numbers show how large and when, not why; for the cause, look at what happened in that country in those 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 24th 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.

Closest to Liberia in the 2024 ranking

• Ethiopia — 21st of 29: 13.97%
• Cameroon — 22nd of 29: 12.51%
• Malta — 23rd of 29: 10.67%
• Guinea — 25th of 29: 6.97%
• Djibouti — 26th of 29: 4.42%
• Naoero — 27th of 29: 1.53%

What this measures

Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 21 values

Travel services (% of service exports, BoP) in nearby economies

• Angola — 13.7% (2025)
• Benin — 54.43% (2023)
• Botswana — 55.17% (2025)
• Burkina Faso — 20.08% (2024)
• Burundi — 2.18% (2025)
• Cabo Verde — 78.29% (2025)
• Cameroon — 12.51% (2024)
• Comoros — 72.9% (2023)
• Congo, Dem. Rep. — 51.49% (2025)
• Congo, Rep. — 3.14% (2021)

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

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Questions people ask

What is Liberia's travel services (% of service exports, BoP)?

9.85% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1979?

It is down 19.56 percentage points from 29.41% in 1979. The highest value was 44.98% in 2009 and the lowest 8.79% in 1986.

How does Liberia rank?

24th highest of 29 economies with data for 2024.

Is the latest change in travel services (% of service exports, BoP) unusual for Liberia?

In 2024, Liberia's travel services (% of service exports, BoP) fell 5.83 percentage points on 2023 (from 15.68% to 9.85%). Across the 17 yearly changes before that (1980 to 2023), the average change was −0.23 percentage points and a typical year strayed about 8.23 percentage points from that (the standard deviation). This year's change was 0.7 standard deviations below 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 BX.GSR.TRVL.ZS, 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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