Liberia

Official Name: The Republic of Liberia
Sovereign Status: Sovereign Country
Government Type: Presidential Republic
Official Name (Local Language): Republic of Liberia
ISO Country Codes: LR : LBR
Internet Domain: .lr
Government Web Site: https://www.micat.gov.lr/
Capital: Monrovia Main Airports: Roberts International Airport
Language(s): English Population: 5,358,483
Currency: Liberian Dollar ISO Currency Code: LRD
Telephone Dial In: +231 ID Prefix: 00



Travel Guides:

Liberia

Government Website: https://www.micat.gov.lr/
Central Bank: Central Bank of Liberia
Currency USD Exchange Rate: 109.4 Liberian dollars (LRD) per US dollar (2017 est.)
Unemployment Rate: 2.8% (2014 est.)
Population below poverty line: 50.9% (2016 est.)
Inflation Rate: 12.4% (2017 est.)
Prime Lending Rate: 12.40% (May-20 - TradingEconomics)
GDP: $7.391 billion (2021 est.)
GDP Pro Capita (PPP): $1,400 (2021 est.)
Currency Name: Liberian Dollar
Currency Code: LRD
World Bank Classification: Low-Income Economy

GDP Composition:

Agriculture: 44.7% rubber, coffee, cocoa, rice, cassava (manioc, tapioca), palm oil, sugarcane, bananas; sheep, goats; timber
Industry: 6.8% mining (iron ore and gold), rubber processing, palm oil processing, diamonds
Services: 48.5%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
No Exchange


National Dataset(s):

Liberia


Subject to Country Specific Sanctions? EU

Business Language(s): English
Customs & Excise: Liberia Revenue Authority
Development Bank(s): African Development Bank; The Liberian Bank for Development and Investment;
National Standards Bureau: Liberia Division of Standards (LDS)
Competitive Ind’l Performance: N/A Corruption Perceptions Index: 142/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: 120/136 (2016)
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Country Ratings:


Export Credit & Insurance Show

Eximbank: Afreximbank ; Export Credit Agency: Caribbean Export Development Agency ;

Investment & Export Promotion Show

Imports:

$1.82 billion (2019 est.)

Main Imports:

fuels, chemicals, machinery, transportation equipment, manufactured goods; foodstuffs

Exports:

$0.330 billion (2019 est.)

Main Exports:

rubber, timber, iron, diamonds, cocoa, coffee


Top Export Partners:

Poland 32.9%

China 20.7%

India 9.4%

US 5%

Greece 4.6%

Top Import Partners:

Singapore 28.8%

China 16%

South Korea 15.3%

Japan 10.3%

Philippines 6.7%


Source: Central Intelligence Agency Factbook


Regional Trade Agreements & Organisations:

Liberia

Banking Association

N/A




Government Procurement

N/A

Law Associations & Firms

Liberia National Bar Association


Logistics Companies

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Cargo-Cards
Freightnet
SeaRates

Jctrans.net

Major Companies with a Local Operation

CMA CGM
DHL Global

Tax Identification Codes

N/A


Yellow Pages

N/A




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