Wage bill as a percentage of GDP in Liberia
Liberia: Wage bill as a percentage of GDP was 7.5% in 2022. ▲ Rising
Latest (2022)
7.5%
Change on year
down 11.6%
World rank
107th
of 190 countries
All-time high
10.9%
in 2020
All-time low
1.7%
in 2002
Years of data
23
2000–2022
Wage bill as a percentage of GDP in Liberia, 2000–2022
Source: World Bank.
Analysis
In 2022, wage bill as a percentage of gdp in Liberia stood at 7.5%.
Compared with earlier readings it is down 11.6% on the previous year and down 7.4% over ten years.
Over the whole period, wage bill as a percentage of gdp in Liberia peaked at 10.9% in 2020 and was at its lowest, 1.7%, in 2002.
That places Liberia 107th out of 190 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Wage bill as a percentage of GDP in Liberia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.5% | — |
| 2001 | 2.2% | -11.5% |
| 2002 | 1.7% | -24.7% |
| 2003 | 2.0% | +21.5% |
| 2004 | 4.2% | +107.2% |
| 2005 | 5.4% | +29.5% |
| 2006 | 3.2% | -41.4% |
| 2007 | 4.8% | +52.1% |
| 2008 | 5.6% | +17.6% |
| 2009 | 6.9% | +22.3% |
| 2010 | 7.1% | +2.1% |
| 2011 | 8.2% | +16.3% |
| 2012 | 8.1% | -1.1% |
| 2013 | 7.0% | -13.8% |
| 2014 | 7.3% | +4.1% |
| 2015 | 7.8% | +7.5% |
| 2016 | 8.7% | +11.7% |
| 2017 | 9.5% | +9.0% |
| 2018 | 9.0% | -5.3% |
| 2019 | 8.8% | -2.1% |
| 2020 | 10.9% | +23.7% |
| 2021 | 8.5% | -22.2% |
| 2022 | 7.5% | -11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.8% | 1.7% | 6.9% | 10 |
| 2010s | 8.2% | 7.0% | 9.5% | 10 |
| 2020s | 9.0% | 7.5% | 10.9% | 3 |
Countries ranked near Liberia
- 104 Republic of Moldova 7.8% compare
- 105 Burundi 7.8% compare
- 106 United Arab Emirates 7.6% compare
- 108 Panama 7.5% compare
- 109 Belarus 7.5% compare
- 110 Switzerland 7.4% compare
More reference data data for Liberia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0476 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1282 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.229 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0532 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.229 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1597 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.183 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.5564 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.2 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2896 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Liberia?
- Wage bill as a percentage of gdp in Liberia was 7.5% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Liberia?
- The highest recorded value was 10.9% in 2020.
- What is the lowest wage bill as a percentage of gdp recorded in Liberia?
- The lowest recorded value was 1.7% in 2002.
- How does Liberia rank for wage bill as a percentage of gdp?
- Liberia ranks 107th out of 190 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Liberia?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is rising.
- Where does this Liberia data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
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