Labor share of gdp in Liberia
Liberia: Labor share of gdp was 43 in 2020. ▲ Rising
Latest (2020)
43
Change on year
up 2.1%
World rank
125th
of 187 countries
All-time high
43
in 2020
All-time low
38.5
in 2007
Years of data
17
2004–2020
Labor share of gdp in Liberia, 2004–2020
Source: Our World in Data.
Analysis
Liberia recorded 43 for labor share of gdp in 2020. That is the highest value across all 17 years on record.
The figure is up 2.1% on the previous year and up 9.7% over ten years.
Over the whole period, labor share of gdp in Liberia peaked at 43 in 2020 and was at its lowest, 38.5, in 2007.
That places Liberia 125th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Labor share of gdp in Liberia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 40 | — |
| 2005 | 39.4 | -1.5% |
| 2006 | 38.8 | -1.5% |
| 2007 | 38.5 | -0.8% |
| 2008 | 39 | +1.3% |
| 2009 | 39.4 | +1.0% |
| 2010 | 39.2 | -0.5% |
| 2011 | 38.9 | -0.8% |
| 2012 | 39 | +0.3% |
| 2013 | 39 | +0.0% |
| 2014 | 40.9 | +4.9% |
| 2015 | 41.2 | +0.7% |
| 2016 | 41.7 | +1.2% |
| 2017 | 41 | -1.7% |
| 2018 | 41.3 | +0.7% |
| 2019 | 42.1 | +1.9% |
| 2020 | 43 | +2.1% |
Liberia compared with similar countries
- Liberia's 43 is above the median for low income countries, which is 42.1, 1.0× the median. (25 countries reporting)
- Liberia's 43 is above the median for Sub-Saharan Africa, which is 42.4, 1.0× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.18 | 38.5 | 40 | 6 |
| 2010s | 40.43 | 38.9 | 42.1 | 10 |
| 2020s | 43 | 43 | 43 | 1 |
Countries ranked near Liberia
- 122 Western Sahara 43.6 compare
- 123 Cuba 43.5 compare
- 123 Guinea-Bissau 43.5 compare
- 125 Cape Verde 43 compare
- 125 Paraguay 43 compare
- 125 Somalia 43 compare
More work & labour data for Liberia
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.1439 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.1155 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.1716 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate 0.202 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 2.59 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6,689 1000 No (2050)
- Population - Est. & Proj. — Rural population 3,115 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 6,410 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 6,256 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 12,665 1000 No (2100)
Frequently asked questions
- What is labor share of gdp in Liberia?
- Labor share of gdp in Liberia was 43 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Liberia?
- The highest recorded value was 43 in 2020.
- What is the lowest labor share of gdp recorded in Liberia?
- The lowest recorded value was 38.5 in 2007.
- How does Liberia rank for labor share of gdp?
- Liberia ranks 125th out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in Liberia?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is rising.
- Where does this Liberia data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).