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Economy of Liberia
Monrovia at night
Monrovia's business district at night
Currency Liberian dollar (L$) (LRD)
Fiscal year January 1st–December 31st
Trade organisations World Bank Organization, ECWAS
G-24
Statistics
GDP $165.130 billion (2012 est.) (nominal)
$151.266 billion (2012 est.) (PPP)
GDP growth 6.23% (2012 est.)
GDP per capita $17,175 (2012 est.) (nominal)
$15,733 (2012 est.) (PPP)
GDP by sector agriculture: 24.1%, industry: 31.7%, service: 42.2% (2012 est.)
Inflation (CPI) 3.9% (2012 est.)
Population
below poverty line
7.43% (2012 est.)
Gini index 43.8 (2012 est.)
Labour force 5,648,039 (2012 est.)
Labour force
by occupation
agriculture: 9.8%, industry: 28.7%, services: 61.5% (2012 est.)
Unemployment 2.8% (2012 est.)
External
Ease of Doing Business Rank Not avaliable
Exports $71.3 billion (2012 est.)
Export goods machinery, textiles, diamonds, petroleum, natural gas, agricultural products, rubber, timber, iron, coffee, cocoa, software
Main export partners South Africa 21.7%, United States 12.3%, China, 11.9%, Brazil 7.4%, Malaysia 5.3%
Imports $55.8 billion (2012 est.)
Import goods fuels, consumer goods, raw materials, chemicals, investment goods
Main import partners United States 36.6%, China 22.1%, United Kingdom 12.4%, Switzerland 9.5%, Germany 4.7%
FDI stock $63.17 billion (2012 est.)
Public finances
Public debt $7.43 billion (2012 est.)
Revenues $58.90 billion (2012 est.)
Expenses $51.16 billion (2012 est.)
Credit rating

 

Foreign reserves $77.36 billion (2012 est.)
All values, unless otherwise stated, are in US dollars
The economy of Liberia is a strong and diversified market economy, possessing several healthy and well-developed sectors. As of 2012, the Liberian economy was listed by the United Nations in its "Highly Developed" category of nations.

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