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Economy of Liberia vs Slovenia compared: GDP & Debt

Updated on by Georank

Liberia has a GDP of $5.25B compared to $79.6B for Slovenia, ranking 162/197 and 86/197 by economy size, respectively.

Liberia has $2.88B in government debt (54.9% of GDP), compared to $52.5B (65.9% of GDP) in Slovenia.

Liberia vs Slovenia GDP by year

Liberia
Slovenia
1x
Year GDP, current $
Liberia Slovenia
2025 $5,245,938,900 $79,648,204,979
2024 $4,779,300,900 $72,972,015,197
2023 $4,390,000,000 $69,255,264,238
2022 $4,001,047,000 $59,899,117,741
2021 $3,513,049,500 $61,540,813,362
2020 $3,176,126,300 $53,384,760,135
2019 $3,319,596,500 $53,909,922,736
2018 $3,422,754,800 $53,689,067,640
2017 $3,390,703,400 $48,153,200,135
2016 $3,398,419,600 $44,290,685,824
2015 $3,227,075,700 $42,709,468,275
2014 $3,225,652,000 $49,514,466,380
2013 $3,177,198,100 $47,867,056,859
2012 $2,791,614,000 $46,167,053,954
2011 $2,398,000,000 $51,199,194,599
2010 $1,998,000,000 $47,793,117,241
2009 $1,768,000,000 $49,975,540,955
2008 $1,726,000,000 $55,509,332,322
2007 $1,373,000,000 $47,880,266,543
2006 $1,119,000,000 $39,260,368,837
2005 $949,000,000 $35,947,936,824
2004 $897,000,000 $34,156,553,313
2003 $748,000,000 $29,360,575,032
2002 $927,000,000 $23,214,593,516
2001 $906,000,000 $20,668,868,707
2000 $874,000,000 $20,159,190,702
1999 $441,800,000 $22,609,669,084
1998 $359,600,000 $22,058,635,314
1997 $295,900,000 $20,726,878,752
1996 $159,400,000 $21,470,699,363
1995 $134,800,000 $21,367,422,159
1994 $132,200,000 $16,400,767,070
1993 $160,400,000 $14,449,298,372
1992 $223,500,000 $14,277,261,541
1991 $348,000,000 $14,454,495,059
1990 $384,400,000 $19,832,029,087
1989 $786,300,000 -
1988 $1,038,300,000 -
1987 $972,800,000 -
1986 $840,964,400 -
1985 $851,296,100 -
1984 $848,478,300 -
1983 $823,374,900 -
1982 $863,933,200 -
1981 $846,514,500 -
1980 $854,711,500 -
1979 $814,067,900 -
1978 $717,240,400 -
1977 $673,010,600 -
1976 $596,675,700 -
1975 $577,549,300 -
1974 $486,955,000 -
1973 $386,968,300 -
1972 $368,098,000 -
1971 $341,543,100 -
1970 $323,099,700 -
1969 $306,961,800 -
1968 $276,820,700 -
1967 $261,024,300 -
1966 $244,459,500 -
1965 $229,260,800 -
1964 $218,929,100 -
1963 $200,229,600 -
1962 $191,861,800 -
1961 $183,920,900 -
1960 $190,495,600 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/liberia/slovenia | CC BY

GDP per capita in Liberia vs Slovenia by year

Liberia
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Liberia Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $915 - $37,376 -
2024 $851 $1,871 $34,301 $57,186
2023 $799 $1,795 $32,660 $56,064
2022 $745 $1,692 $28,360 $52,347
2021 $668 $1,539 $29,193 $45,914
2020 $617 $1,660 $25,392 $41,767
2019 $658 $1,900 $25,814 $42,373
2018 $692 $1,800 $25,888 $38,620
2017 $699 $1,665 $23,303 $36,180
2016 $715 $1,490 $21,448 $33,575
2015 $693 $1,340 $20,697 $31,336
2014 $707 $1,419 $24,013 $30,572
2013 $711 $1,360 $23,237 $29,634
2012 $638 $1,157 $22,442 $28,787
2011 $568 $1,041 $24,941 $28,716
2010 $492 $980 $23,330 $27,579
2009 $448 $939 $24,502 $27,229
2008 $452 $915 $27,462 $29,461
2007 $374 $873 $23,725 $27,468
2006 $321 $815 $19,563 $25,571
2005 $287.5 $774 $17,970 $23,682
2004 $284.1 $745 $17,104 $22,588
2003 $239.8 $716 $14,712 $20,916
2002 $299.5 $1,013 $11,639 $20,004
2001 $300 $987 $10,376 $18,763
2000 $298.5 $965 $10,136 $17,892
1999 $156.6 $762 $11,401 $17,007
1998 $134.7 $652 $11,132 $15,994
1997 $122.6 $548 $10,437 $15,257
1996 $71.4 $282.2 $10,797 $14,284
1995 $62.1 $254.4 $10,738 $13,637
1994 $61.5 $262.6 $8,244 $13,975
1993 $74.4 $328 $7,255 $12,976
1992 $107.8 $497 $7,151 $12,296
1991 $177.9 $793 $7,229 $12,698
1990 $172.9 $787 $9,925 $13,491
1989 $312 - - -
1988 $424 - - -
1987 $409 - - -
1986 $364 - - -
1985 $380 - - -
1984 $390 - - -
1983 $391 - - -
1982 $422 - - -
1981 $426 - - -
1980 $443 - - -
1979 $435 - - -
1978 $394 - - -
1977 $381 - - -
1976 $347 - - -
1975 $346 - - -
1974 $299.4 - - -
1973 $244.4 - - -
1972 $238.6 - - -
1971 $227.1 - - -
1970 $220.3 - - -
1969 $214.7 - - -
1968 $198.6 - - -
1967 $192.2 - - -
1966 $184.6 - - -
1965 $177.6 - - -
1964 $173.9 - - -
1963 $163.1 - - -
1962 $160.3 - - -
1961 $157.5 - - -
1960 $167.2 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/liberia/slovenia | CC BY

Liberia's GDP per capita is $915, ranking 184/197, compared to $37,376 in Slovenia, ranking 32/197. Adjusted for purchasing power (GDP per capita PPP), Liberia ranks 188th at $1,871, while Slovenia ranks 37th at $57,186.

Economic indicators

Liberia Slovenia
Gross domestic product
$5.25B
2025
$79.6B
2025
GDP rank
162/197
2025
86/197
2025
GDP growth
5.02%
2024-2025
1.06%
2024-2025
GDP per capita
$915
2025
$37,376
2025
GDP per capita rank
184/197
2025
32/197
2025
GDP per capita, PPP
$1,871
2024
$57,186
2024
GDP per capita PPP rank
188/197
2024
37/197
2024
Government debt
$2.88B
2025
$52.5B
2025
Debt-to-GDP ratio
54.9%
2025
65.9%
2025
Government debt per person
$502
2025
$24,627
2025
Government debt per person rank
167/185
2025
29/185
2025
Average annual personal income after taxes
$1,467
2026
$22,481
2026
Market capitalization of domestic companies n/a
$20.7B
2025
Income share by richest 10%
27.1%
2016
20.6%
2023
Income share by poorest 10%
2.9%
2016
4.1%
2023
Government expenditure, % of GDP
22.4%
2025
48.5%
2025
Consumer prices inflation
8.3%
2024-2025
2.37%
2024-2025
Unemployment rate
5.93%
2017
3.9%
2025
Population
5916561
2128778

Spending and national debt comparison by year

Liberia
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Liberia Slovenia
Government spending Government debt Government spending Government debt
2025 22.4% 54.9% 48.5% 65.9%
2024 24.1% 56.4% 46.5% 66.6%
2023 28.6% 57.2% 46.5% 68.3%
2022 27.4% 54.4% 47.7% 72.8%
2021 29.8% 53.5% 49.9% 74.8%
2020 35.3% 58.5% 51.8% 80.2%
2019 32.3% 48.1% 43.8% 66%
2018 32.7% 36.2% 44.1% 71%
2017 35.1% 31.8% 44.6% 74.9%
2016 35.8% 28% 46.9% 79.4%
2015 37.1% 24.4% 49.5% 83.4%
2014 33.4% 24.3% 50.6% 81.1%
2013 27.4% 20.6% 57.7% 70.8%
2012 30.8% 20.5% 50% 54.1%
2011 29.8% 22.5% 51.4% 46.8%
2010 25.1% 25.4% 50.7% 38.6%
2009 24% 132.2% 50% 34.9%
2008 21.8% 235.3% 45.2% 21.9%
2007 16.1% 367% 43.5% 22.9%
2006 10.6% 451% 45.7% 26.2%
2005 11.7% 488% 46.7% 26.6%
2004 12.1% 543% 46.9% 27.1%
2003 8.98% 600% 47.6% 27%
2002 12.7% 464% 47.8% 27.7%
2001 12.1% 465% 49.2% 26.3%
2000 14.5% 468% 47.8% 26.1%
1999 - - 47.2% 23.8%
1998 - - 46.4% 22.8%
1997 - - 45.4% 22.1%
1996 - - 45.2% 21.6%
1995 - - 53% 18.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/liberia/slovenia | CC BY

In 2025, Liberia's government spending was $1.18B, accounting for 22.4% of its GDP, while Slovenia spent $38.6B, or 48.5% of GDP.

Debt-to-GDP ratio is 54.9% in Liberia and 65.9% in Slovenia, ranking 90/185 and 65/185, respectively.

Government deficit by year

Deficit/surplus
Liberia

Slovenia
1x
Year Deficit/surplus, % of GDP
Liberia Slovenia
2025 -1.41% -2.35%
2024 -1.8% -0.94%
2023 -8.55% -2.58%
2022 -5.82% -3.01%
2021 -2.5% -4.61%
2020 -4.02% -7.68%
2019 -4.92% 0.68%
2018 -4.7% 0.9%
2017 -7.14% 0.05%
2016 -3.83% -2%
2015 -3.74% -2.84%
2014 -4.92% -4.53%
2013 1.29% -11.2%
2012 -2.86% -4.2%
2011 -4.39% -6.69%
2010 1.16% -5.56%
2009 -1.4% -5.87%
2008 -2.7% -1.44%
2007 2.28% -0.08%
2006 4.23% -1.26%
2005 -0.51% -1.38%
2004 -0.56% -1.98%
2003 0.36% -2.66%
2002 -1.57% -2.47%
2001 -0.94% -4.58%
2000 -0.08% -3.77%
1999 - -3.04%
1998 - -2.39%
1997 - -2.37%
1996 - -1.16%
1995 - -8.19%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/liberia/slovenia | CC BY

In 2025, Liberia's government deficit, the difference between spending and revenue, was $74.2M, equivalent to 1.41% of GDP. This compares to Slovenia's deficit of $1.87B, or 2.35% of GDP.

Over the past 26 years, Liberia recorded a fiscal deficit in 21 of those years, while Slovenia ran a deficit in 23 years. On average, Liberia posted an annual deficit equal to 2.27% of GDP, compared to deficit of 3.16% of GDP for Slovenia.

Inflation comparison by year

Inflation
Liberia

Slovenia
1x
Year Consumer prices inflation
Liberia Slovenia
2025 8.3% 2.37%
2024 8.2% 1.97%
2023 10.1% 7.45%
2022 7.6% 8.83%
2021 7.8% 1.92%
2020 17% -0.05%
2019 27% 1.63%
2018 23.5% 1.74%
2017 12.4% 1.43%
2016 8.8% -0.05%
2015 7.7% -0.53%
2014 9.9% 0.2%
2013 7.6% 1.77%
2012 6.8% 2.6%
2011 8.5% 1.8%
2010 7.3% 1.8%
2009 7.4% 0.84%
2008 17.5% 5.65%
2007 11.4% 3.66%
2006 9.5% 2.46%
2005 6.9% 2.45%
2004 3.6% 3.59%
2003 10.3% 5.54%
2002 14.2% 7.48%
2001 12.1% 8.38%
2000 5.3% 8.91%
1999 2% 6.16%
1998 - 7.89%
1997 - 8.36%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (1999–2025, retrieved 2026-07-08).

GeoRank.org/economy/liberia/slovenia | CC BY

Over the past 27 years, Liberia has recorded an average annual inflation rate of 10.3%, compared with 3.33% in Slovenia. In 2025, inflation was 8.3% in Liberia and 2.37% in Slovenia.

Top exports between countries

Liberia
Export category Export value
Raw materials & minerals $1.35M
Slovenia
Export category Export value
Wood & paper products $660K
Machinery & equipment $221K
Textiles & consumer goods $100K
Animal & marine products $19K
Miscellaneous $13K
Metals $12K
Chemicals & pharma $8K
Raw materials & minerals $3K

Balance of trade

Liberia Slovenia
Current account balance
$120M
2024
$2.83B
2025
Current account balance ranking
62/190
2024
39/190
2025
Current account balance, % of GDP
+2.51%
2024
+3.55%
2025
Goods imports
$1.51B
2024
$47.9B
2025
Goods exports
$1.31B
2024
$47.7B
2025
Service imports
$253M
2024
$10.8B
2025
Service exports
$42.6M
2024
$15.3B
2025
Imports of goods and services, % of GDP n/a
73.3%
2025
Exports of goods and services, % of GDP
28.5%
2026
78.6%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Liberia Slovenia
Economic freedom 49.8 69.7
Economic freedom ranking 163/197 40/197
Property rights 40.4 87.6
Government integrity 25.8 66.1
Judicial effectiveness 23.4 91.6
Tax burden 86.1 55.5
Government spending 79.5 34.1
Fiscal health 56.9 83.5
Business freedom 38 78.7
Labor freedom 43.4 62.7
Monetary freedom 71.4 77.5
Trade freedom 57.4 79.4
Investment freedom 55 70
Financial freedom 20 50

Economic freedom comparison by year

Liberia
Slovenia
1x
Year Economic freedom index
Liberia Slovenia
2026 49.8 69.7
2025 48.5 68.3
2024 49.9 65.9
2023 49.6 68.5
2022 47.9 70.5
2021 49.2 68.3
2020 49 67.8
2019 49.7 65.5
2018 50.9 64.8
2017 49.1 59.2
2016 52.2 60.6
2015 52.7 60.3
2014 52.4 62.7
2013 49.3 61.7
2012 48.6 62.9
2011 46.5 64.6
2010 46.2 64.7
2009 48.1 62.9
2008 - 60.2
2007 - 59.6
2006 - 61.9
2005 - 59.6
2004 - 59.2
2003 - 57.7
2002 - 57.8
2001 - 61.8
2000 - 58.3
1999 - 61.3
1998 - 60.7
1997 - 55.6
1996 - 50.4

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

GeoRank.org/economy/liberia/slovenia | CC BY

The Economic Freedom Index for Liberia is 49.8, ranking 163/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Liberia Slovenia
Services, % of GDP
40%
2025
58.6%
2025
Industry, % of GDP
24.5%
2025
28.3%
2025
Agriculture, forestry, and fishing, % of GDP
32.7%
2025
1.63%
2025
GNI, Atlas method
$4.76B
2025
$75.7B
2025
GNI per capita, PPP
$1,840
2025
$58,880
2025
Total reserves including gold
$339M
2025
$3.55B
2025
Total reserves ranking
166/177
2025
115/177
2025
Net foreign direct investment
-$397M
2024
-$738M
2025
Net inflows of foreign direct investment
$472M
2024
$1.87B
2024
Net outflows of foreign direct investment
$74.9M
2024
$1.46B
2024
Servicing debt to the IMF, % of GNI
3.12%
2024
n/a
Poverty at national poverty lines
50.9%
2016
12.7%
2022
Gross capital formation, % of GDP n/a
22%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/liberia/slovenia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2022–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.