GDP$4.24BCURRENT US$Rnk 161 / 195 GDP GROWTH33.5%CURRENT US$Rnk 106 / 195
GDP$251BCURRENT US$Rnk 52 / 195 GDP GROWTH6.91%CURRENT US$Rnk 164 / 195 GDP PC $772CURRENT US$Rnk 184 / 195GDP PC GROWTH8.6%CURRENT US$Rnk 138 / 195GDP PC$5,565CURRENT US$Rnk 118 / 196GDP PC GROWTH-16.3%CURRENT US$Rnk 174 / 195In N/A, Liberia did not export any services to Iraq.
Iraq-Liberia In N/A, Iraq did not export any products to Liberia.
In N/A, Iraq did not export any services to Liberia.
Comparison: In 2023, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B). That same year, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).
This map shows whether countries import more from Liberia or Iraq. Each country is colored based on the difference in imports they receive from Liberia and Iraq or the difference in the growth in imports.
In 2023, countries that imported more from Liberia than Iraq included Switzerland ($708M), United Kingdom ($306M), and Poland ($101M).
In 2023, countries that imported more from Iraq than Liberia included China ($35.5B), India ($29.8B), and United States ($8.92B).
) and Liberia () (2023)We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.
This visualization shows the product space at the HS4 level with the flags of Liberia and Iraq. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Liberia.
) and Iraq () (2021)
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