Business Working Capital Financing Statistics in Liberia (2026)

As of the 2025 data, 21.8% of firms in Liberia used banks to finance working capital, per World Bank World Development Indicators. Up from 20.1% in 2017 to 21.8% in 2025 (+1.7 percentage points). Liberia ranks #20 of 45 economies in Sub-Saharan Africa on this measure, and #87 of 145 globally.

Latest value (2025)
21.8% (2025)
Business Working Capital Financing in Liberia as of 2025, the most recent observation in World Bank World Development Indicators data.
Change since 2017
+1.7 pp (2025)
Up from 20.1% in 2017 to 21.8% in 2025 (+1.7 percentage points).
Earliest value in this dataset (2009)
12.8% (2009)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 12.8% in 2009 to 21.8% in 2025.
Record high (2025)
21.8% (2025)
The 2025 value is the highest in the available World Bank World Development Indicators series for Liberia.
Rank in Sub-Saharan Africa
#20 of 45 (2025)
Liberia ranks 20 of 45 countries in Sub-Saharan Africa with data, based on each country's latest value.
Global rank
#87 of 145 (2025)
Liberia ranks 87 of 145 countries with data globally.
Sub-Saharan Africa average
20.6% (2025)
Liberia (21.8%) is above the average of 20.6% across the 45 countries in Sub-Saharan Africa with data.
Firms with a bank loan/line of credit (% of firms) (2025)
38.4% (2025)
Related indicator from World Bank World Development Indicators.
Internet use in Liberia (2024)
32.2% (2024)
32.2% of the population in Liberia used the internet in 2024 (World Bank); shown for context only.
Population (2024)
5.6 million (2024)
Liberia had a population of 5.6 million in 2024 (World Bank); shown for scale only.
Business Working Capital Financing in Liberia by year (% of firms)
Year % of firms Change
2025 21.8%+1.7 pp
2017 20.1%+7.3 pp
2009 12.8%
Business Working Capital Financing in Liberia, 2009–2025Line chart of 3 observations from 2009 to 2025. Values range from 12.8% to 21.8%; the series starts at 12.8% in 2009 and ends at 21.8% in 2025.12.5%15%17.5%20%22.5%200920152020202512.8%21.8%
Fig. 1 — Business Working Capital Financing in Liberia, 2009–2025

Frequently asked questions

What share of firms in Liberia used banks to finance working capital?

21.8% of firms in Liberia used banks to finance working capital in 2025, according to World Bank World Development Indicators data.

How has business working capital financing in Liberia changed over time?

World Bank World Development Indicators data show a rise from 12.8% in 2009 to 21.8% in 2025.

How does Liberia compare with other countries in Sub-Saharan Africa?

Liberia ranks 20 of 45 countries in Sub-Saharan Africa with data, with 21.8% versus a regional average of 20.6% (latest values per country).

Source: World Bank, World Development Indicators, indicator IC.FRM.BKWC.ZS, retrieved .

Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.

Last updated .