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Economy of Liberia vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Liberia has a GDP of $4.78B compared to $14.2B for Tajikistan, ranking 163/197 and 145/197 by economy size, respectively.

Liberia has $2.73B in government debt (57.2% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Liberia vs Tajikistan GDP by year

Liberia
Tajikistan
1x
Year GDP, current $
Liberia Tajikistan
2024 $4,779,300,900 $14,204,575,549
2023 $4,390,000,000 $12,244,169,293
2022 $4,001,047,000 $10,713,525,200
2021 $3,513,049,500 $8,937,805,347
2020 $3,176,126,300 $8,133,963,551
2019 $3,319,596,500 $8,300,813,599
2018 $3,422,754,800 $7,764,999,999
2017 $3,390,703,400 $7,536,402,853
2016 $3,398,419,600 $6,992,416,097
2015 $3,227,075,700 $8,271,431,485
2014 $3,225,652,000 $9,112,605,459
2013 $3,177,198,100 $8,448,411,318
2012 $2,791,614,000 $7,633,036,903
2011 $2,398,000,000 $6,522,756,255
2010 $1,998,000,000 $5,642,221,099
2009 $1,768,000,000 $4,979,472,364
2008 $1,726,000,000 $5,161,299,725
2007 $1,373,000,000 $3,719,524,541
2006 $1,119,000,000 $2,830,213,849
2005 $949,000,000 $2,312,352,021
2004 $897,000,000 $2,076,176,869
2003 $748,000,000 $1,555,318,261
2002 $927,000,000 $1,221,106,220
2001 $906,000,000 $1,080,772,551
2000 $874,000,000 $860,541,842
1999 $441,800,000 $1,086,612,290
1998 $359,600,000 $1,320,199,582
1997 $295,900,000 $921,518,033
1996 $159,400,000 $1,043,654,822
1995 $134,800,000 $1,231,561,860
1994 $132,200,000 $1,522,001,206
1993 $160,400,000 $1,646,623,195
1992 $223,500,000 $1,908,554,572
1991 $348,000,000 $2,536,585,366
1990 $384,400,000 $2,629,395,066
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Liberia vs Tajikistan by year

Liberia
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Liberia Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $851 $1,871 $1,341 $5,406
2023 $799 $1,795 $1,178 $4,964
2022 $745 $1,692 $1,052 $4,514
2021 $668 $1,539 $897 $3,986
2020 $617 $1,660 $834 $3,654
2019 $658 $1,900 $871 $3,460
2018 $692 $1,800 $834 $3,069
2017 $699 $1,665 $829 $3,017
2016 $715 $1,490 $789 $2,914
2015 $693 $1,340 $957 $2,975
2014 $707 $1,419 $1,082 $3,152
2013 $711 $1,360 $1,028 $2,919
2012 $638 $1,157 $952 $2,679
2011 $568 $1,041 $834 $2,456
2010 $492 $980 $737 $2,291
2009 $448 $939 $665 $2,171
2008 $452 $915 $703 $2,120
2007 $374 $873 $517 $1,966
2006 $321 $815 $401 $1,810
2005 $287.5 $774 $334 $1,673
2004 $284.1 $745 $306 $1,550
2003 $239.8 $716 $233.6 $1,396
2002 $299.5 $1,013 $187 $1,257
2001 $300 $987 $168.7 $1,139
2000 $298.5 $965 $136.9 $1,036
1999 $156.6 $762 $175 $947
1998 $134.7 $652 $213.7 $905
1997 $122.6 $548 $150.1 $855
1996 $71.4 $282.2 $172 $836
1995 $62.1 $254.4 $207 $1,006
1994 $61.5 $262.6 $261.3 $1,148
1993 $74.4 $328 $287.6 $1,454
1992 $107.8 $497 $338 $1,721
1991 $177.9 $793 $458 $2,417
1990 $172.9 $787 $487 $2,583
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 (1960–2024, retrieved 2026-04-06).

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

Liberia's GDP per capita is $851, ranking 184/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Liberia ranks 188th at $1,871, while Tajikistan ranks 157th at $5,406.

Economic indicators

Liberia Tajikistan
Gross domestic product
$4.78B
2024
$14.2B
2024
GDP rank
163/197
2024
145/197
2024
GDP growth
4.02%
2023-2024
8.4%
2023-2024
GDP per capita
$851
2024
$1,341
2024
GDP per capita rank
184/197
2024
166/197
2024
GDP per capita, PPP
$1,871
2024
$5,406
2024
GDP per capita PPP rank
188/197
2024
157/197
2024
Government debt
$2.73B
2024
$3.54B
2024
Debt-to-GDP ratio
57.2%
2024
24.9%
2024
Government debt per person
$487
2024
$335
2024
Government debt per person rank
167/185
2024
175/185
2024
Average annual personal income after taxes
$1,191
2026
$2,591
2026
Income share by richest 10%
27.1%
2016
28.2%
2024
Income share by poorest 10%
2.9%
2016
2.9%
2024
Government expenditure, % of GDP
24.3%
2024
27.7%
2024
Consumer prices inflation
8.2%
2023-2024
3.5%
2023-2024
Central bank interest rate n/a
7.75%
2025
Unemployment rate
5.93%
2017
0.08%
2016
Population
5887000
11038274

Spending and national debt comparison by year

Liberia
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Liberia Tajikistan
Government spending Government debt Government spending Government debt
2024 24.3% 57.2% 27.7% 24.9%
2023 27.1% 57.8% 28% 29.9%
2022 26.9% 54.3% 27.4% 31.8%
2021 29.8% 53.3% 27.6% 42%
2020 35.3% 58.7% 29.2% 50.9%
2019 32.3% 48.6% 28.8% 43.2%
2018 32.7% 37.1% 30.9% 46.3%
2017 35.1% 31.8% 33.8% 46.3%
2016 35.8% 28.6% 32.7% 42.2%
2015 37.1% 24.8% 31.9% 35%
2014 33.4% 24.3% 27.5% 27.9%
2013 27.4% 20.6% 27.7% 29.3%
2012 30.8% 20.5% 24.7% 32.5%
2011 30.1% 22.7% 24.3% 35.5%
2010 25.2% 25.6% 25.9% 36.8%
2009 23.7% 130.9% 23.6% 36.9%
2008 21.6% 233.1% 20.2% 30.2%
2007 17.2% 394% 20.3% 34.3%
2006 11.1% 472% 21.6% 36.8%
2005 12.8% 535% 22.9% 45.8%
2004 12.1% 543% 20.2% 49.4%
2003 9.85% 658% 19.1% 69.8%
2002 13.2% 481% 19.1% 98.3%
2001 12.6% 484% 17.3% 99.4%
2000 15.2% 489% 18.1% 111.4%
1999 - - 17.5% 107.8%
1998 - - 17.1% 96.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, Liberia's government spending was $1.16B, accounting for 24.3% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 57.2% in Liberia and 24.9% in Tajikistan, ranking 91/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Liberia

Tajikistan
1x
Year Deficit/surplus, % of GDP
Liberia Tajikistan
2024 -1.98% 0.28%
2023 -7.03% -0.93%
2022 -5.33% -0.23%
2021 -2.5% -0.64%
2020 -4.02% -4.34%
2019 -4.92% -2.04%
2018 -4.7% -2.69%
2017 -7.14% -5.65%
2016 -3.83% -2.91%
2015 -3.74% -1.96%
2014 -4.92% 0.92%
2013 1.29% -0.73%
2012 -2.86% 0.41%
2011 -4.43% 0.6%
2010 1.17% -2.71%
2009 -1.39% -0.2%
2008 -2.68% 1.94%
2007 2.44% 2.13%
2006 4.42% 2%
2005 -0.55% -2.83%
2004 -0.56% -2.32%
2003 0.39% -1.74%
2002 -1.63% -2.4%
2001 -0.98% -2.11%
2000 -0.08% -4.51%
1999 - -4.03%
1998 - -5.09%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, Liberia's government deficit, the difference between spending and revenue, was $94.6M, equivalent to 1.98% of GDP. This compares to Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 25 years, Liberia recorded a fiscal deficit in 20 of those years, while Tajikistan ran a deficit in 18 years. On average, Liberia posted an annual deficit equal to 2.22% of GDP, compared to deficit of 1.31% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Liberia

Tajikistan
1x
Year Consumer prices inflation
Liberia Tajikistan
2024 8.2% 3.5%
2023 10.1% 3.7%
2022 7.6% 6.6%
2021 7.8% 9%
2020 17% 8.6%
2019 27% 7.8%
2018 23.5% 3.8%
2017 12.4% 7.3%
2016 8.8% 5.9%
2015 7.7% 5.8%
2014 9.9% 6.1%
2013 7.6% 5%
2012 6.8% 5.8%
2011 8.5% 12.4%
2010 7.3% 6.5%
2009 7.4% 6.4%
2008 17.5% 20.4%
2007 11.4% 13.2%
2006 9.5% 10%
2005 6.9% 7.3%
2004 3.6% 7.2%
2003 10.3% 16.4%
2002 14.2% 12.2%
2001 12.1% 38.6%
2000 5.3% 32.9%
1999 2% 27.5%
1998 - 43.2%
1997 - 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 26 years, Liberia has recorded an average annual inflation rate of 10.4%, compared with 11.2% in Tajikistan. In 2024, inflation was 8.2% in Liberia and 3.5% in Tajikistan.

Balance of trade

Liberia Tajikistan
Current account balance
$64.8M
2022
$887M
2024
Current account balance ranking
73/190
2022
54/190
2024
Current account balance, % of GDP
+1.62%
2022
+6.24%
2024
Goods imports
$1.53B
2022
$5.94B
2024
Goods exports
$1.03B
2022
$1.42B
2024
Service imports
$434M
2022
$971M
2024
Service exports
$192M
2022
$195M
2024
Imports of goods and services, % of GDP n/a
48.4%
2023
Exports of goods and services, % of GDP
28.5%
2025
17.2%
2023

Economic freedom indices

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

Liberia Tajikistan
Economic freedom 49.8 52.5
Economic freedom ranking 163/197 147/197
Property rights 40.4 28.4
Government integrity 25.8 18.5
Judicial effectiveness 23.4 10.1
Tax burden 86.1 94.2
Government spending 79.5 77
Fiscal health 56.9 98.6
Business freedom 38 60.6
Labor freedom 43.4 43.4
Monetary freedom 71.4 72.6
Trade freedom 57.4 72.2
Investment freedom 55 25
Financial freedom 20 30

Economic freedom comparison by year

Liberia
Tajikistan
1x
Year Economic freedom index
Liberia Tajikistan
2026 49.8 52.5
2025 48.5 51.5
2024 49.9 51.3
2023 49.6 50.6
2022 47.9 49.7
2021 49.2 55.2
2020 49 52.2
2019 49.7 55.6
2018 50.9 58.3
2017 49.1 58.2
2016 52.2 51.3
2015 52.7 52.7
2014 52.4 52
2013 49.3 53.4
2012 48.6 53.4
2011 46.5 53.5
2010 46.2 53
2009 48.1 54.6
2008 - 54.4
2007 - 53.6
2006 - 52.6
2005 - 50.4
2004 - 48.7
2003 - 46.5
2002 - 47.3
2001 - 46.8
2000 - 44.8
1999 - 41.2
1998 - 41.1

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Liberia is 49.8, ranking 163/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Liberia Tajikistan
Services, % of GDP
41.9%
2024
34.7%
2023
Industry, % of GDP
22.7%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
33.8%
2024
22.9%
2023
GNI, Atlas method
$4.28B
2024
$17.5B
2024
GNI per capita, PPP
$1,750
2024
$7,100
2024
Total reserves including gold
$600M
2022
$3.3B
2023
Total reserves ranking
153/177
2022
117/177
2023
Net foreign direct investment
-$960M
2022
-$190M
2024
Net inflows of foreign direct investment
$472M
2024
$291M
2024
Net outflows of foreign direct investment
$74.9M
2024
$101M
2024
Servicing debt to the IMF, % of GNI
3.09%
2024
3.07%
2024
Poverty at national poverty lines
50.9%
2016
19.8%
2024
Gross capital formation, % of GDP n/a
31.7%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)

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.