Imports$755.9 million (2011 est.)
Exports$422.6 million (2011 est.)
Inflation rate (consumer prices)7.4% (2011 est.)
Unemployment rate85% (2003 est.)
GDP - per capita (PPP)$500 (2011 est.)
National product real growth rate6% (2010 est.)
Internet users20,000 (2009)
Telephones - mobile cellular1.571 million (2009)
Population growth rate2.609% (2012 est.)
Population3,887,886 (July 2012 est.)
About this country
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....
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....
Tax revenues provide governments with funds to invest in development, relieve poverty, deliver public services and build the physical and social infrastructure for long-term growth. Moreover, there are ...
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