Skip to content

Liberia vs Russia: Economic Indicators Comparison

Russia with a GDP of $1.7T ranked the 11th largest economy in the world, while Liberia ranked 164th with $3.3B. By GDP 5-years average growth and GDP per capita, Russia and Liberia ranked 162nd vs 161st and 68th vs 186th, respectively.

Gross Domestic Product & Income

StatLiberiaRussia
GDP$3.3B$1.7T
GDP growth, 1 year1.2%2.3%
GDP growth, 5-years average0.6%0.5%
Population4.7M146.8M
GDP per capita$677$11k
GDP per capita growth-1.23%2.26%
Purchasing Power Parity conversion factor0.5225.64
Price level ratio of PPP conversion factor GDP to market exchange rate0.520.41
GDP per capita, PPP adjusted$1.4k$29k
GNI, Atlas method$2.9B$1.5T
GNI per capita$610$10k
GNI, PPP adjusted$5.5B$3.9T
GNI per capita, PPP adjusted$1.1k$26k

Financial system and Human development

StatLiberiaRussia
Income Tax Rate25%13%
Corporate Tax Rate25%20%
Inflation, consumer prices23.4%2.9%
Inflation, GDP deflator-1.9%10.3%
Unemployment2%4.7%
Economic Freedom Index4961
Personal Freedom Index6.16.56
Human Freedom Index6.66.49
Property Rights Index31.156.8
Judical Effectiveness Index37.944.4
Business Freedom Index48.280.2
Fiscal Health Index59.798.7
Labor Freedom Index38.252.1
Investment Freedom Index5530
Financial Freedom Index2030
Trade Freedom Index60.677.8
Monetary Freedom Index62.168.2
Government Spending Index65.563.8
Tax Burden Index86.188.5
Government Integrity Index23.841.3
Corruption Perceptions Index3228
Life expectancy at birth, years63.372.1
Suicide mortality rate, per 100,000 people6.831
Mortality caused by road traffic injury, per 100,000 people35.918
Intentional homicides, per 100,000 people3.29.2
International tourism, number of arrivalsN/A24.6M

Government debt & reserves

StatLiberiaRussia
Central government debt, % of GDP40.5%14%
External debt stocks, % of GNI44.7%28.1%
External debt stocks$1.3B$453.9B
Short-term debt, % of total reserves0%10.3%
Total debt service, % of exports and primary income2.8%19.6%
Adjusted net savings including particulate emission damage, % of GNI-99%8%
Gross savings, % of GDP-64.1%30.2%
Gross capital formation, % of GDP12.9%22.7%
Total reserves including gold$560.3M$468.6B
Foreign direct investment net inflows$129.1M$8.8B

Exports, imports and economic structure

StatLiberiaRussia
Exports of goods and services, % of GDP26%30.7%
Imports of goods and services, % of GDP94.3%20.8%
Current account balance (balance of payments)-$674.1M$113.5B
Revenue excluding grants, % of GDP15.7%27.5%
Grants excluding technical cooperation, BoP$436.2M$658.1M
Personal remittances received$459.9M$8.6B
Industry including construction value added, % of GDP12.5%32.1%
Agriculture, forestry and fishing value added, % of GDP37.3%3.1%
Charges for the use of intellectual property, payments BoPN/A$6.3B
Charges for the use of intellectual property, receipts BoPN/A$876.1M
Expense, % of GDP16.5%28.9%
Government Expenditure, % of GDP33.9%34.7%

Compare with countries close by GDP per capita

Liberia vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
3.54M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
26.2M
Benin
$902
10M
Mali
$900
18.5M
Guinea
$879
11.6M
Haiti
$868
10.3M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.52M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
11M
Gambia
$716
1.86M
Burkina Faso
$715
19.2M
Togo
$679
6.34M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
22.9M
Afghanistan
$521
34.9M
Mozambique
$499
25.8M
Central African Republic
$476
4.99M
Niger
$414
17.1M
Malawi
$389
18.6M
Somalia
$315
11M

Russia vs

CountryGDP
per capita
Population
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M