Source
Central bank

Central Bank of Liberia

International Reserves

USD 0.5 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 2.3 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 4.1 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
8.2% 12.7% 6% 5.1% 6.1% 7.4% 8.3%
2013 2014 2015* 2016* 2017*    
8.7% 0.7% 0% 2% 4%    

*Estimate

GDP per capita - current prices

USD 518.4 (2017, estimate)

GDP per capita - PPP

Intl$ 915.3 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
N/A N/A 0% 0% 0.003%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 35.4% 
  • industry: 14.4% 
  • services: 50.2%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
7.6% 9.9% 7.7% 8.6% 8.5%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
27.5% 33.3% 39.2% 42.8% 46.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-4.7% -1.8% -11.4% -7.1% -8.4%

*Estimate

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.6 billion (2017 estimate)

Current account balance by percentage of GDP

-26.6% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

23.5% (2015)

Shares in world total merchandising export

0.002% (2015)

Shares in world total commercial services export

0.005% (2015)

Total exports

USD 363.9 million (2016 estimate)

Export commodities

Rubber, timber, iron, diamonds, cocoa, coffee

Total imports

USD 1.3 billion (2016 estimate)

 
 
Source
Import commodities

Fuels, chemicals, machinery, transportation equipment, manufactured goods; foodstuffs

Exports - major partners

Poland 32.9%, China 20.7%, India 9.3%, US 5.1%, Greece 4.7%, France 4.3% (2015)

Imports - major partners

Singapore 28.7%, China 16%, South Korea 15.3%, Japan 10.3%, Philippines 6.6% (2015)

FDI inflows
2013 2014 2015
USD 1,061 million USD 277 million USD 512 million
FDI outflows
2013 2014 2015
USD 698 million N/A N/A
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 174 out of 190 countries (2017)

Subcategories:

Starting a business: 37 out of 190 countries

Enforcing Contracts: 176 out of 190 countries

Registering Property: 179 out of 190 countries

Getting Credit: 101 out of 190 countries

Protecting Minority Investors: 179 out of 190 countries

Trading Across Borders: 185 out of 190 countries

Paying Taxes: 72 out of 190 countries

Dealing with Construction Permits: 175 out of 190 countries

Getting Electricity: 177 out of 190 countries

Resolving Insolvency: 168 out of 190 countries

Global competitiveness ranking

131 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 143 / Score: 52.19 (Mostly unfree) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC 0

Total area

111,369 sq km

Capital

Monrovia

Currency

Liberian dollars (LRD)

Government type

republic

Languages

English 20% (official), some 20 ethnic group languages, of which a few can be written and are used in correspondence

Religions

Christian 85.6%, Muslim 12.2%, Traditional 0.6%, other 0.2%, none 1.4% (2008 Census)

Total population
1990 2000 2010 2014* 2019**
N/A 2.709 million 3.778 million 4.187 million 4.724 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
18.6% 35% 44% 49%
Population median age

17.9 years (2014 est.)

Population growth rate

2.52% (2014 est.)

Life expectancy

58.21 years  (2014 est.)

Adult literacy

60.8% (2010 estimate)

% of population living on less than $2 a day

94.9% (2007)

Inequality of wealth distribution (Gini index)

38.2 (2007)
(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 3
Civil Liberties: 4 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed  0.0%   Mobile  59.5% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

4.60% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions(Metric tons of CO2 per capita)

0.2 (2010)