You are here

Liberia

Liberia Economic Outlook

The Liberian economy has faced uncertainty in the past two years due to declining mining exports and rising inflation and currency depreciation. Real GDP growth, after declining to 0.4% in 2019, is expected to recover to 1.6% in 2020, underpinned by mining, forestry, and agriculture. Commercial gold exports, commercial palm oil production, and cocoa and fisheries investment have expanded.

Read more


Key Facts

Flag:
Capital: Monrovia
Area: 111,000 sq km
Total Population 2017: 4.7 Million...
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 2.5 Billion
GNI Per Capita 2015: US$ 380
Inflation Rate: 10.00%
Crude Birth Rate (per 1000): 33.80%
Human Development Index (rank / 188): 177
Human Development Index (scale 0 to 1): 0.427
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 350.2 Million

View detailed map

Activity

Latest Videos

22/05/2017 - Mahmud Johnson, J-Palm Liberia, production and processing (oil palm), Liberia

18/03/2016 - The African Development Fund – Opening speech of President Sirleaf, Liberia

02/10/2015 - Afrique de l'Ouest - Projet régional de gestion durable du bétail ruminant endémique (PROGEBE)

Resources

Knowledge Products



Contacts

Liberia Country Office

African Development Bank Group
Sophie Community, Old Congo Town,
P.O. Box 1844,
1000 Monrovia, 10 Liberia

Phone: (+231) 777 11 7773 / (+231) 777 11 7775

Mr Orison Amu, Country Manager

West Africa Region

Mrs Marie-Laure Akin-Olugbade, Director General

African Development Bank Group
24ème Etage, Immeuble CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

TEL. : (+225) 20 26 40 47