Subsidies in Liberia
Liberia: Subsidies was 1.16 billion GFS, current LCU in 2008. ◆ Volatile
Subsidies in Liberia, 2001–2008
Source: World Bank country economists. Measured in GFS, current LCU.
Analysis
Liberia recorded 1.16 billion GFS, current LCU for subsidies in 2008. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 46.4% on the previous year.
That places Liberia 24th out of 47 countries with data for 2008, putting it in the middle of the range.
Subsidies in Liberia, year by year
| Year | GFS, current LCU | Change |
|---|---|---|
| 2001 | 0 GFS, current LCU | — |
| 2002 | 0 GFS, current LCU | — |
| 2003 | 0 GFS, current LCU | — |
| 2004 | 0 GFS, current LCU | — |
| 2005 | 245.10 million GFS, current LCU | — |
| 2006 | 440.80 million GFS, current LCU | +79.8% |
| 2007 | 793.84 million GFS, current LCU | +80.1% |
| 2008 | 1.16 billion GFS, current LCU | +46.4% |
Liberia compared with similar countries
- Liberia's 1.16 billion GFS, current LCU is above the median for Sub-Saharan Africa, which is 711.79 million GFS, current LCU, 1.6× the median. (43 countries reporting)
- Liberia's 1.16 billion GFS, current LCU is above the median for low income countries, which is 355.89 million GFS, current LCU, 3.3× the median. (18 countries reporting)
Countries ranked near Liberia
More science & technology data for Liberia
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2022)
- Mobile landline subscriptions, gaps filled 32.06 (2022)
- Mobile cellular subscriptions by country, per capita 0.3206 units per person (2022)
- Mobile cellular subscriptions by country, per unit of GDP 0.0004 units per US$ of GDP (2022)
- Mobile cellular subscriptions by country, gaps filled 1.72 million (2022)
- Mobile cellular subscriptions by country, per square kilometre 17.89 units per square kilometre (2022)
- Mobile landline subscriptions, annual growth rate 2.02 % change on previous year (2022)
- Mobile cellular subscriptions by country, annual growth rate 4.23 % change on previous year (2022)
- Scientific and technical journal articles 31.54 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is subsidies in Liberia?
- Subsidies in Liberia was 1.16 billion GFS, current LCU in 2008, according to World Bank country economists.
- What is the highest subsidies recorded in Liberia?
- The highest recorded value was 1.16 billion GFS, current LCU in 2008.
- What is the lowest subsidies recorded in Liberia?
- The lowest recorded value was 0 GFS, current LCU in 2001.
- How does Liberia rank for subsidies?
- Liberia ranks 24th out of 47 countries with data for 2008.
- Where does this Liberia data come from?
- The figures come from World Bank country economists, published as part of Subsidies (GFS, current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.