In 2021, general government revenue (% of GDP) for Liberia was 27.3 %. Between 2015 and 2021, general government revenue (% of GDP) in Liberia was decreasing on average by 0.05% each year, although before that, it grew from 9.3 % in 2003 to 33.4 % in 2015.
The description is composed by our digital data assistant.Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government's net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of non-financial and financial assets or incurrence of liabilities.
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