Government Expenditure: Liberia

Analysis# Liberia Government Expenditure Liberia's government expenditure stood at 22.551% of GDP in 2026, representing a significant decline from its all-time peak of 37.123% in 2015. Since 2004, expenditure has grown 86.0% in absolute terms, though the current level remains well above the 10.646% low recorded in 2006. The trajectory reveals a country managing substantial fiscal commitments relative to its economic output. The most striking pattern emerged after 2015, when expenditure began contracting sharply. From the 2015 peak, spending fell consistently through 2025, dropping to 21.942% before a modest uptick to 22.551% in 2026. This downward pressure suggests either fiscal consolidation efforts or revenue constraints. If the recent stabilization holds, Liberia may be settling into a more sustainable spending range around 22–23% of GDP.