Net Current Account Total for Liberia
LBRBCABP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-16.89
Year-over-Year Change
-50.78%
Date Range
1/1/2000 - 1/1/2026
Summary
The Net Current Account Total for Liberia measures the difference between the country's imports and exports of goods, services, and investment income. It is a key indicator of Liberia's economic health and trade balance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Net Current Account Total represents Liberia's overall external trade position, capturing both goods and services transactions. Economists and policymakers use this metric to assess the country's international competitiveness and financial obligations.
Methodology
The data is collected and calculated by the Central Bank of Liberia based on balance of payments reports.
Historical Context
This trend is closely monitored by the Liberian government and international financial institutions to inform macroeconomic policies.
Key Facts
- Liberia's current account deficit was 24.2% of GDP in 2021.
- The current account is largely driven by Liberia's trade in natural resources.
- Liberia has run a current account deficit for over a decade.
FAQs
Q: What does this economic trend measure?
A: The Net Current Account Total for Liberia measures the difference between the country's imports and exports of goods, services, and investment income.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Liberia's economic health and trade balance, which is closely monitored by policymakers and international institutions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Liberia based on balance of payments reports.
Q: How is this trend used in economic policy?
A: Liberia's current account balance is used to inform macroeconomic policies, particularly related to trade, exchange rates, and international financial obligations.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Liberia, but may be subject to revisions and can have some delay in reporting.
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Citation
U.S. Federal Reserve, Net Current Account Total for Liberia (LBRBCABP6GDPPT), retrieved from FRED.