Current Account Balance: Liberia

Analysis# Liberia Current Account Balance Liberia's current account balance stands at -11.8% of GDP in 2026, reflecting persistent external imbalances despite modest recent improvement. The country peaked at 2.2% of GDP in 2005 but has remained deeply negative for most of the past two decades, with the all-time low of -34.3% reached in 2014. Since 2000, the overall change registers at 3.3 percentage points, indicating a gradual structural shift toward smaller deficits over the long term. The most dramatic turning point occurred between 2023 and 2024, when the deficit contracted sharply from -25.2% to -10.9%—a 14.3 percentage point improvement marking the strongest single-year recovery in the dataset. While 2025 showed a slight deterioration to -13.1%, the projected 2026 figure suggests stabilization around -11.8%. This trajectory indicates Liberia's external position continues normalizing, though substantial current account deficits persist.