- Liberia’s post-war economic growth was sustained in 2012, led by the first full year of iron ore exports, construction, and strong performance in the service sector, but these positive trends are subject to fluctuations in commodity prices, FDI, and overseas development assistance.
- President Sirleaf’s government passed its FY 2012/13 budget as part of an Open Budget Initiative, but it faces mounting pressure to increase employment, improve services, tackle corruption and address governance issues in the forestry, palm oil, and oil sectors.
- The poverty rate has decreased from 64% to 56% between 2007 and 2010, but some 78% of the population remains engaged in vulnerable employment, and Liberia ranks close to the bottom of countries in the Human Development Index (HDI) (174th out of 187).
Liberia field office
African Development Bank Group
Sophie Community, Old Congo Town,
P.O. Box 1844,
1000 Monrovia, 10 Liberia
Phone: (231) 886665588 / (231) 880912918
Ms Margaret Kilo, Resident Representative
|Area:||111,000 sq km|
|Total Population 2012:||4.2 Million|
|Urban Population 2012:||48.59%|
|Female Population 2012:||49.71%|
|GDP:||US$ 1.8 Billion|
|GNI Per Capita 2012:||US$ 240|
|Crude Birth Rate (per 1000):||37.91%|
|Human Development Index (rank / 187):||174|
|Human Development Index (scale 0 to 1):||0.388|
|Cumulative Approvals (1967-2012):||UA 272.5 Million|