Liberia Economic Outlook

  • Celebrating the tenth anniversary of the end of its civil war in August 2013, Liberia has maintained stability and supported economic growth but the country’s youthful population is still waiting for the creation of more skilled jobs.
  • Economic growth continued in 2013 at a rate of 8.1% led by iron ore exports, construction and services while investments are being made in energy and transportation to enable more broad-based growth.
  • Public sector reforms continued in 2013 although implementation faces severe capacity challenges that will have to be overcome before Liberia can fully leverage natural resource revenues to address its critical poverty.


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

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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