The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more

Liberia

Liberia Economic Outlook

Real GDP growth rebounded to an estimated 3.2% in 2018, from 2.5% in 2017, driven largely by mining and manufacturing. Agriculture, forestry, and fishing dominate the economy, contributing 70.3% of GDP in 2017. A moderate increase in revenues, combined with a decrease in spending, reduced the fiscal deficit to 3.9% in 2018 from 7.9% of GDP in 2017. Liberia remains at a moderate risk of debt distress. Total public debt was 41.3% of GDP in 2017, about 69.6% of which (or 29% of GDP) was external.

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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

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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

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