Liberia LR: GDP: % of GDP: Gross Value Added: Services

1964 - 2016 | Yearly | % | World Bank

Liberia LR: GDP: % of GDP: Gross Value Added: Services data was reported at 52.800 % in 2016. This records a decrease from the previous number of 53.092 % for 2015. Liberia LR: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 34.609 % from Dec 1964 (Median) to 2016, with 53 observations. The data reached an all-time high of 53.092 % in 2015 and a record low of 4.141 % in 1996. Liberia LR: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Liberia – Table LR.World Bank: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

View Liberia's Liberia LR: GDP: % of GDP: Gross Value Added: Services from 1964 to 2016 in the chart:

Liberia Liberia LR: GDP: % of GDP: Gross Value Added: Services

What was Liberia's Liberia LR: GDP: % of GDP: Gross Value Added: Services in 2016?

Last Previous Min Max Unit Frequency Range
52.80 2016 53.09 2015 4.14 1996 53.09 2015 % yearly 1964 - 2016

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Liberia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 2,151.070 2027 yearly 2000 - 2027
Forecast: Nominal GDP Per Capita (USD) 873.833 2027 yearly 2000 - 2027
Forecast: Real GDP Growth (%) 5.680 2027 yearly 2001 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (LRD bn) 1.506 2029 yearly 2000 - 2029
Forecast: Government Net Debt (LRD bn) 3.281 2029 yearly 2000 - 2029
Forecast: Government Revenue (LRD bn) 1.426 2029 yearly 2000 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 6.095 2028 yearly 1998 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 4.988 2028 yearly 1999 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -1.080 2029 yearly 2000 - 2029

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