Population: 4.29 million in 20131
GDP: $1.95 billion in 20132
GDP per capita: $454 nominal3 ($878 PPP4) in 2013
GDP growth rate: 11.3% in 20135
GDP by Industry 20126
Industry sector | Value added ($ millions) 2012 | Percent of total |
Agriculture, hunting, forestry, fishing | 745 | 70.7% |
Other activities | 78 | 7.4% |
Manufacturing | 61 | 5.8% |
Transport, storage and communication | 58 | 5.5% |
Wholesale, retail trade, restaurants and hotels | 53 | 5.0% |
Mining and utilities | 31 | 3.0% |
Construction | 28 | 2.6% |
Total value added | 1,053 | 100% |
Unemployment rate: 3.7% in 20137
Employment by Industry 20008
Employment sector | Percent of total |
Agriculture | 70% |
Services | 22% |
Industry | 8% |
Total | 100% |
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $4 billion (205% of GDP) in 201410
Household Wealth per Adult: $1,827 in 201410
Gini Coefficient: .382 in 201311
Central Government
Central Government Revenue: $465 million (24% of GDP) in 201312
Central Government Expenditure: $522 million (27% of GDP) in 201312
Central Government Budget Balance: -$57 million (-3% of GDP) in 201312
Central Government Public Debt: $694 million (36% of GDP) in Sept 2014* 13
Central Government 10 Year Bond Interest Rate: N/A
* Public debt calculated using the exchange rate 92.5 LRD = 1 USD
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 2014* 14
Corporate Tax Rate: 25% in 201415
* Individual thresholds calculated using the exchange rate 92.5 LRD = 1 USD
Money Supply (M1): $106 million in Nov 2014* (% of GDP)16
Benchmark Interest Rate: Lending Rate 13.5% in Nov 201417
Total Reserves: $493 million (26% of GDP) in 201318
Exchange Rate: 92.5 Liberian Dollars = 1 U.S. Dollar on Feb 23, 201519
Inflation: 7.6% in 201320
* Money supply calculated using the exchange rate 92.5 LRD = 1 USD
Top 10 Financial Institutions by Assets 201321
N/A (data not available at Relbanks.com)
Exports: $930 million (48% of GDP) in 201322
Imports: $775 million (40% of GDP) in 201322
Trade Balance: +$155 million (+8% of GDP) in 201322
Foreign Direct Investment Inflow: $700 million (36% of GDP) in 201323
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $571 million (29% of GDP) in 201224
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Republic of Liberia, Documents, Annual Reports (Public debt) Go back
14. Source: KPMG Fiscal Guide (Individual tax rates) Go back
15. Source: KPMG Fiscal Guide (Corporate tax rate) Go back
16. Source: Central Bank of Liberia, Research, Major Economic Indicators, Factsheet on Key Indicators (Money supply) Go back
17. Source: Central Bank of Liberia, Research, Major Economic Indicators, Factsheet on Key Indicators (Benchmark interest rate) Go back
18. Source: World Bank Indicators (Total reserves) Go back
19. Source: xe.com (Exchange rate) Go back
20. Source: World Bank Indicators (Inflation rate) Go back
21. Source: Relbanks.com (Financial institutions by assets) Go back
22. Source: CIA World Factbook (Trade data) Go back
23 Source: World Bank Indicators (FDI data) Go back
24. Source: World Bank Indicators (Aid data) Go back