A man dressed in traditional clothing singing into a microphone on stage, wearing a blue and white head wrap and beaded jewelry.

RECORDED MUSIC INDUSTRY OVERVIEW


Liberia


World map with countries shaded in blue and a green square highlighting a region in Africa

Africa

Potential of Recorded Music

We estimate the potential of recorded music value available to songwriters, music performers, publishers, and producers in Liberia. These are annual revenue levels achievable within a well‑functioning market supported by critical infrastructure, including robust policies, adequate legal frameworks, and effective collective management organizations and other enforcement mechanisms. By identifying these factors as the necessary drivers of growth, we quantify the opportunity cost of their absence.

The potential value calculations are based on CISAC, ICMP, and IFPI data. We used an econometric model and a cluster analysis approach to benchmark Liberia against peer markets and reflect achievable collection levels given their unique socio‑economic contexts. We also factored in a series of foundational assumptions and collective rights management expertise to provide a stable and realistic valuation.


[+] RECORDED MUSIC POTENTIAL VALUEThe figure for the recorded music includes copyright (songwriters, lyricists and music publishers) and neighbouring rights (music performers and recorded music producers, i.e., record labels) and reflects the potential value in 2027. It is based on the analysis using 2023 as a baseline valuation and five-year projections through 2027. 2023 was selected as the baseline year of the analysis to reflect the most recent complete annual music industry revenue data. The following revenue streams are included in the calculation:

1) Copyright: digital, performance rights (radio & TV broadcasting, rebroadcasting & retransmission, background music and private copying levies), CD & video, synchronisation and other;

2) Neighbouring rights: Streaming, performance rights (radio & TV broadcasting, cablecasting, cable retransmission, public performance, dubbing, private copying levies, and internet (webcasting, simulcasting, catch-up) licensing), downloads & digital, physical and synchronisation.

Coming soon

Socioeconomic Indicators


5,612,817


[+] GDP PPPmillions, 2024 data, using constant 2021 international $.


EXPLANATORY NOTES: Data via World Bank Development Indicators database. Accessed 15/01/2026.

$9,239


[+] GDP PER CAPITA (nominal)2024 data, USD


EXPLANATORY NOTES: Data via World Bank, using national accounts data, and OECD National Accounts data files. Accessed 15/01/2026.

$851.50


4.02%

[+] GDP GROWTH (annual %)2024 data


EXPLANATORY NOTES: Data via World Bank, using national accounts data, and OECD National Accounts data files. Accessed 15/01/2026.

[+] GINI INDEX2019 data


EXPLANATORY NOTES: Data via World Income Inequality Database (WIID), United Nations University World Institute for Development Economics Research. Accessed 20/04/2026.

50.7%


[+] INFLATION RATEAnnual % change, 2026 data


EXPLANATORY NOTES: Data via IMF World Economic Outlook. Accessed 16/01/2026.

7.70%


Pie chart showing age distribution with segments for 0-20, 21-40, 41+, and other categories, with percentages and labels.
[+] POPULATION BY AGE GROUP%, 2025 data


EXPLANATORY NOTES: Data via US Census Bureau International Database (IDB). Accessed 16/01/2026.

[+] URBAN POPULATION%, 2024 data


EXPLANATORY NOTES: Data via World Bank, using United Nations Population Division database. Accessed 16/01/2026.

55.54%


[+] UNEMPLOYMENT RATE2024 estimate


EXPLANATORY NOTES: Data via CIA World Factbook. Accessed 16/01/2026.

2.90%


[+] YOUTH UNEMPLOYMENT RATE2024 estimate


EXPLANATORY NOTES: Data via CIA World Factbook. Accessed 16/01/2026.

2.10%


[+] POVERTY RATE2023 data


EXPLANATORY NOTES: $2.15 per person per day; data via African Development Bank Group: African Economic Outlook (AEO) 2024. Accessed 20/04/2026.

34.2%


[+] INTERNET PENETRATIONITU estimate, 2023


EXPLANATORY NOTES: Data via International Telecommunication Union (ITU) DataHub. Accessed 15/01/2026.

23.50%


[+] GLOBAL ACCOUNT OWNERSHIPpercentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (% age 15+), 2024 data


EXPLANATORY NOTES: Data via World Bank Global Findex Database. Accessed 15/01/2026.

52.21%


[+] CREDIT CARD OWNERSHIPThe percentage of respondents who report having a credit card, % age 15+, 2024 data


EXPLANATORY NOTES: Data via World Bank Global Financial Inclusion Database. Accessed 20/04/2026.

1.59%


[+] MOBILE DATA COSTAverage price of 1GB data, USD, 2023 data


EXPLANATORY NOTES: Data via Cable.co.uk. Accessed 20/04/2026.

$2.50

Industry Infrastructure

Collective Management Organisations


Authors & Publishers

[+] EXPLANATORY NOTESRepresents collective management organizations covering mechanical and performance rights for musical compositions.

Performers

[+] EXPLANATORY NOTES Represents collective management organizations covering neighbouring/related rights for performers.

Producers

[+] EXPLANATORY NOTESRepresents collective management organizations covering neighbouring/related rights for producers.

Voluntary Joint Ventures & Umbrella entities for licensing users

None

[+] EXPLANATORY NOTESRepresents joint ventures and umbrella entities that exist to help streamline and manage licensing, often working to create efficiencies around licensing specific rights. For example, PPL PRS Ltd. is a JV between the UK’s two music licensing organisations – PPL and PRS for Music, that provides a streamlined music licensing service that allows businesses to obtain all the licenses necessary to play and perform music in public via a single point of contact.

Associations


Music Authors


Music Publishers

None


Music Performers


Sound Recording Producers/Labels

None


Other


Music Export Office

None


Joint Industry Body

None


Policies


Culture Policy/Strategy

None


Music Policy/Strategy

None

Legal Framework

Digital and Performance Rights Treaties

Other Treaties


National Copyright Legislation

National Treatment

Music Consumption

Domestic Repertoire Quotas


[+] EXPLANATORY NOTESDomestic Repertoire Quota(s) refers to legislation and/or policies which require broadcasters to dedicate a specific % of music broadcast content to domestic/local/national artists.

No domestic repertoire quotas.

Digital Streaming Services


GLOBAL STREAMING SERVICES


REGIONAL STREAMING SERVICES


DOMESTIC STREAMING SERVICES

Key Risks and Opportunities

Risks

  • Very low GDP per capita is a significant constraint, directly limiting the purchasing power of the average consumer for music and streaming subscriptions.

  • The vast majority of the population remains offline, and high mobile data costs further limit access. These factors restrict the reach and scalability of digital music services and create barriers to consistent streaming, especially for youth, often driving consumers toward informal or pirated content.

  • Non-adherence to the WCT and WPPT means Liberia lacks the modern digital rights framework these treaties provide, which could pose challenges for digital rights enforcement and cross-border digital exploitation.

  • The absence of a clear and comprehensive national culture or music policy signals a lack of a specific strategic framework for music ecosystem development and might lead to a lack of support and investment.

Opportunities

  • While starting from a low base, Liberia's relatively high GDP growth rate can create more disposable income over time and improve the general business environment.

  • The overwhelmingly youthful population presents a strong potential driver of music consumption and engagement, representing a large and growing future audience. With over half the population living in urban areas, market access and targeted infrastructure development are also more feasible for music businesses.

  • The presence of global, regional and domestic streaming services indicates an existing, albeit nascent, digital music consumption market that can be expanded with improved infrastructure.