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Liberia

Liberia : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$755.9 million (2011 est.)
$719.9 million (2010 est.)

Exports

$422.6 million (2011 est.)
$241.5 million (2010 est.)

Inflation rate (consumer prices)

7.4% (2011 est.)
7.3% (2010 est.)

Unemployment rate

85% (2003 est.)

GDP - per capita (PPP)

$500 (2011 est.)
$400 (2010 est.)
$400 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

6% (2010 est.)
4.6% (2009 est.)
8.6% (2008 est.)

Internet users

20,000 (2009)

Telephones - mobile cellular

1.571 million (2009)

Population growth rate

2.609% (2012 est.)

Population

3,887,886 (July 2012 est.)

Historical background

Settlement of freed slaves from the US in what is today Liberia began in 1822; by 1847, the Americo-Liberians were able to establish a republic.

William TUBMAN, president from 1944-71, did much to promote foreign investment and to bridge the economic, social, and political gaps between the descendents of the original settlers and the inhabitants of the interior.

In 1980, a military coup led by Samuel DOE ushered in a decade of authoritarian rule.

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Liberia

Economic overview

Liberia is a low income country heavily reliant on foreign assistance for revenue.

Civil war and government mismanagement destroyed much of Liberia's economy, especially the infrastructure in and around the capital, Monrovia.

Many businesses fled the country, taking capital and expertise with them, but with the conclusion of fighting and the installation of a democratically-elected government in 2006, several have returned.

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The Economist Intelligence Unit

Country Report Liberia 1st Quarter 2014

Country Report Liberia 1st Quarter 2014

  • $ 285
  • Country report
  • March 2014
  • by The Economist Intelligence Unit

Outlook for 2014-15 The president, Ellen Johnson Sirleaf, is expected to remain in power. Although she will continue to clamp down on corruption, action taken may serve to reprimand those out of favour, ...

  • Countries : Liberia

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