Liberia

Liberia Economic Outlook

  • The Ebola outbreak and its spill-over effects have slowed growth in 2014 to an estimated 1.8%; although commercial gold production, manufacturing and a gradual resumption in construction are expected to support real GDP growth of 3.8% in 2015, household incomes may be slower to recover.
  • Short-term government priorities are focusing on supporting Ebola-affected households, increasing incomes and employment, and resuming health services and education, for which fundamental reform will be critical to develop a healthy and skilled workforce.
  • Improving the business-enabling environment will be vital to employment generation, especially in the context of reduced international demand for Liberia’s commodity exports and the additional stigma from the Ebola crisis.

Contacts

Liberia field 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

Ms Margaret Kilo, Resident Representative

Department West Africa Region

Mr. Franck Perrault, Director West Africa Region

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

Phone: (+225) 20 20 40 46

Key Facts

Flag:
Capital: Monrovia
Area: 111,000 sq km
Total Population 2013: 4.3 Million
Urban Population 2013: 48.92%
Female Population 2013: 49.64%
GDP: US$ 2.2 Billion
GNI Per Capita 2013: US$ 370
Inflation Rate: 8.00%
Crude Birth Rate (per 1000): 35.49%
Human Development Index (rank / 187): 174
Human Development Index (scale 0 to 1): 0.388
Membership Date: 10/09/1964
Cumulative Approvals (1967-2013): UA 315.9 Million

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