Stock of domestic credit: (2017 est.) (31 December 2016 est. Exports - partners: Germany 36.2%, Switzerland 14.2%, UAE 8.8%, US 6.8%, Indonesia 4.7% (31 December 2016 est. 185, country comparison to the world (CIA rank, may be based on non-current data): 86 154 (2017 est.) 93.4 $16.56 billion [see also: Inflation rate (consumer prices) country ranks ] (2016 est. -$464 million The country achieved high growth during the period 2010-13 due to favorable world prices for its commodities. [see also: Debt - external country ranks ] 120 [see also: Current account balance country ranks ] Palm oil and cocoa are emerging as new export products. Current account balance: Exports: 165, country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) Agriculture - products: rubber, coffee, cocoa, rice, cassava (manioc, tapioca), palm oil, sugarcane, bananas; sheep, goats; timber (2017) 165 Much of the conflict was fueled by control over Liberia’s natural resources. (2017 est.) [see also: Public debt country ranks ] Population below poverty line: 54.1% 85.3 It meant that there was hardly any credit available for investors. $201 million Stock of narrow money: 174 Central bank discount rate: [see also: Budget - revenues country ranks ] $201 million Stock of broad money: NA )country comparison to the world (CIA rank, may be based on non-current data): [see also: Labor force - by occupation - services country ranks ] GDP - per capita: (2014 est.) 174 Global growth is projected at −4.4 percent in 2020, a less severe contraction than forecast in the June 2020 World Economic Outlook (WEO) Update. (31 December 2015 est.) Liberia reported its first death on 4 … [see also: Labor force - by occupation - industry country ranks ] [see also: Unemployment rate country ranks ] Unemployment rate: The human and institutional capacity is inadequate to transform natural resources into wealth. )country comparison to the world (CIA rank, may be based on non-current data): -$627 million $528.7 million 107 (2016 est. [see also: Stock of direct foreign investment - abroad country ranks ] (31 December 2013 est.) $1.036 billion )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. More on: Liberia. Stock of domestic credit: (2017) (31 December 2017 est.) 85.3 (2016 est. 185 Fiscal year: calendar year )country comparison to the world (CIA rank, may be based on non-current data): Exchange rates: Liberian dollars (LRD) per US dollar - 120 [see also: Taxes and other revenues country ranks ] (2016 est.) )country comparison to the world (CIA rank, may be based on non-current data): Market value of publicly traded shares: )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of domestic credit country ranks ] 13.3% The economy’s low private sector investment and narrow tax base limit fiscal revenues, increasing reliance on high-cost external loans— amid reduced aid and an accommodative monetary policy. 83.893 [see also: GDP - composition, by end use - investment in fixed capital country ranks ] [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (31 December 2017 est.) (31 December 2017 est.) household consumption: 128.8% Stock of direct foreign investment - at home: )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) (2016 est.) [see also: GDP - composition, by sector of origin - agriculture country ranks ] [see also: Debt - external country ranks ] $201 million $459.8 million Stock of domestic credit: $1.166 billion Stock of broad money: government consumption: 16.7% [see also: Imports country ranks ] [see also: Stock of broad money country ranks ] $423 million )country comparison to the world (CIA rank, may be based on non-current data): [see also: Debt - external country ranks ] Debt - external: [see also: Current account balance country ranks ] [see also: Stock of broad money country ranks ] Population below poverty line: 54.1% [see also: Stock of direct foreign investment - at home country ranks ] services: 22% 31 83.893 $1.166 billion [see also: Central bank discount rate country ranks ] Exports - commodities: rubber, timber, iron, diamonds, cocoa, coffee )country comparison to the world (CIA rank, may be based on non-current data): lowest 10%: 2.4% [see also: GDP - composition, by sector of origin - services country ranks ] 174 (31 December 2013 est.) $169.8 million )country comparison to the world (CIA rank, may be based on non-current data): 174 NA investment in fixed capital: 19.5% [see also: GDP country ranks ] 1.9% of GDP (31 December 2016 est. $423 million $169.8 million $528.7 million April 2020. (2016 est. (2013 est. Imports: (2017 est. Reserves of foreign exchange and gold: 93.4 (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): 174 Stock of direct foreign investment - at home: )country comparison to the world (CIA rank, may be based on non-current data): [see also: GDP - composition, by end use - government consumption country ranks ] 154 86 [see also: Reserves of foreign exchange and gold country ranks ] (2007) $201 million [see also: Exports country ranks ] industry: 13.8% (2017) Household income or consumption by percentage share: 154 [see also: Distribution of family income - Gini index country ranks ] [see also: Stock of direct foreign investment - abroad country ranks ] (31 December 2014 est. 108 ), Budget: (2017) 12.4% (2015 est.) (31 December 2012 est. revenues: 553.6 million 174 (31 December 2015 est.) (31 December 2016 est. (2017) (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (2017) (2016 est. 31 (2016 est.) 109.4 120 Gross national saving: $260.6 million $792.3 million (31 December 2017 est.) 170 12.4% 179 $789.4 million (31 December 2012 est. )country comparison to the world (CIA rank, may be based on non-current data): $792.3 million 170 207 (2017 est.) (2017 est.) 174 Revitalizing the economy in the future will depend on economic diversification, increasing investment and trade, higher global commodity prices, sustained foreign aid and remittances, development of infrastructure and institutions, combating corruption, and maintaining political stability and security. $201 million 108 [see also: Market value of publicly traded shares country ranks ] $1.036 billion (31 December 2016 est. $438.3 million (2007)country comparison to the world (CIA rank, may be based on non-current data): note: data are in 2017 dollarscountry comparison to the world (CIA rank, may be based on non-current data): [see also: Debt - external country ranks ] The overreliance on imports, including staple foods, is unsustainable, and diversifying into high-value exports is essential. $423 million (2017 est.) [see also: Population below poverty line country ranks ], Household income or consumption by percentage share: $528.7 million -$627 million Imports - commodities: fuels, chemicals, machinery, transportation equipment, manufactured goods; foodstuffs The government has attempted to revive raw timber extraction and is encouraging oil exploration. )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of direct foreign investment - at home country ranks ] (31 December 2017 est.) [see also: Debt - external country ranks ] Exports - partners: Germany 36.2%, Switzerland 14.2%, UAE 8.8%, US 6.8%, Indonesia 4.7% 107 Fiscal year: calendar year (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of direct foreign investment - abroad country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Debt - external country ranks ] Near-term outlook. (2013 est. (2017 est.) (2017) [see also: Stock of direct foreign investment - at home country ranks ] 185 )country comparison to the world (CIA rank, may be based on non-current data): 31 (2014 est. $1.036 billion )country comparison to the world (CIA rank, may be based on non-current data): (2016 est.) $938.9 million With the conclusion of fighting and the installation of a democratically elected government in 2006, businesses that had fled the country began to return. (31 December 2013 est.) 179 (31 December 2016 est. $201 million (2016 est. 154 (2014 est.) (31 December 2017 est.) [see also: Reserves of foreign exchange and gold country ranks ] -$464 million ), Budget surplus (+) or deficit (-): -4.3% (of GDP) ), GDP - composition, by end use: $789.4 million 83.893 [see also: Household income or consumption by percentage share - highest 10% country ranks ] [see also: GDP - composition, by end use - government consumption country ranks ] $16.56 billion [see also: Unemployment rate country ranks ] (31 December 2013 est.) [see also: Current account balance country ranks ] (2017 est.) [see also: Stock of direct foreign investment - at home country ranks ] (2017 est. $201 million NA agriculture: 34% (2017 est.) $1.166 billion (2017 est.) [see also: Central bank discount rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Economy. (2017) $438.3 million 12.4% Agriculture employs an estimated 70% of the population, mainly youth and women. ), Exchange rates: Liberian dollars (LRD) per US dollar - -$627 million $438.3 million 207 Stock of domestic credit: Imports: (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Industrial production growth rate: 9% (31 December 2017 est.) (2016 est.) (2013 est. Imports: 165 (31 December 2016 est. $438.3 million Liberia Global Economic Prospects examines trends for the world economy and how they affect developing countries. ), Central bank discount rate: (2017 est. Commercial bank prime lending rate: $201 million Liberia’s current account deficit narrowed to 21.1% in 2019 from 23.4% of GDP in 2018. 178 108 Imports: (31 December 2016 est. $792.3 million (2016 est. $260.6 million (2017) )country comparison to the world (CIA rank, may be based on non-current data): $17.01 billion (31 December 2014 est. [see also: Current account balance country ranks ] (31 December 2016 est. (2016 est. services: 22% 207 [see also: Exports country ranks ] 85.3 [see also: Budget - revenues country ranks ] Imports - commodities: fuels, chemicals, machinery, transportation equipment, manufactured goods; foodstuffs )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2014 est. 93.4 $423 million [see also: Taxes and other revenues country ranks ] Debt - external: (2016 est.) $528.7 million (2017 est.) 174 86 174 $260.6 million (2017 est.) $17.01 billion Central bank discount rate: (2017 est.) It is richly endowed with water, mineral resources, forests, and a climate favorable to agriculture. (2016 est. Labor force - by occupation: NA )country comparison to the world (CIA rank, may be based on non-current data): $789.4 million 3.2% [see also: Industrial production growth rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) [see also: Household income or consumption by percentage share - lowest 10% country ranks ] Debt - external: 154 207 )country comparison to the world (CIA rank, may be based on non-current data): [see also: GDP (official exchange rate) country ranks ], GDP - real growth rate: (2016 est. 154 $201 million Stock of narrow money: (2016 est.) (31 December 2017 est.) Stock of direct foreign investment - abroad: (2017 est.) Imports: [see also: Labor force - by occupation - services country ranks ], Unemployment rate: (2017 est.) $201 million [see also: Budget - revenues country ranks ] [see also: Stock of direct foreign investment - at home country ranks ] 154 (2000 est.) $16.56 billion Stock of domestic credit: [see also: Population below poverty line country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 178 Debt - external: (2016)country comparison to the world (CIA rank, may be based on non-current data): (2016 est. Current account balance: Fiscal year: calendar year (2014 est.) (2016 est.) 85.3 $17.01 billion $260.6 million )country comparison to the world (CIA rank, may be based on non-current data): (2013 est. Industries: mining (iron ore and gold), rubber processing, palm oil processing, diamonds $201 million 56 Stock of broad money: [see also: Labor force - by occupation - agriculture country ranks ] 2) The rank that you see is the CIA reported rank, which may have the following issues: (2014 est. industry: 8% )country comparison to the world (CIA rank, may be based on non-current data): Current account balance: b) The CIA sometimes assigns counterintuitive ranks. 185 Agriculture - products: rubber, coffee, cocoa, rice, cassava (manioc, tapioca), palm oil, sugarcane, bananas; sheep, goats; timber 31 [see also: Debt - external country ranks ] exports of goods and services: 17.5% [see also: Labor force country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 174 Today’s economic and financial crisis originated in the rich world particularly in the USA. (31 December 2015 est.) (31 December 2016 est. 170 Budget surplus (+) or deficit (-): -4.3% (of GDP) (31 December 2017 est.) 93.4 $169.8 million [see also: GDP - composition, by sector of origin - industry country ranks ] 86 (31 December 2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): 34.4% of GDP 32 (2016 est. Imports: (31 December 2017 est.) $169.8 million 185 [see also: Market value of publicly traded shares country ranks ] (2017 est.) (2017) (2015 est.) (2016)country comparison to the world (CIA rank, may be based on non-current data): [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (31 December 2016 est. GDP - composition, by sector of origin: (2017 est.) $438.3 million (2000 est.) )country comparison to the world (CIA rank, may be based on non-current data): Budget surplus (+) or deficit (-): -4.3% (of GDP) )country comparison to the world (CIA rank, may be based on non-current data): 154 )country comparison to the world (CIA rank, may be based on non-current data): [see also: Distribution of family income - Gini index country ranks ] (2016 est. (31 December 2016 est. 165 Imports - commodities: fuels, chemicals, machinery, transportation equipment, manufactured goods; foodstuffs [see also: Imports country ranks ] agriculture: 70% (2016 est. (2016 est.) 185 Public debt: (2016 est.) (31 December 2012 est. 154 (2017 est.) [see also: Population below poverty line country ranks ] Exports: [see also: Reserves of foreign exchange and gold country ranks ] (2016 est. Market value of publicly traded shares: Palm oil and cocoa are emerging as new export products. (2013 est. Stock of direct foreign investment - abroad: )country comparison to the world (CIA rank, may be based on non-current data): $260.6 million Exchange rates: Liberian dollars (LRD) per US dollar - )country comparison to the world (CIA rank, may be based on non-current data): [see also: Household income or consumption by percentage share - highest 10% country ranks ] [see also: Stock of direct foreign investment - at home country ranks ] imports of goods and services: -89.2% Stock of direct foreign investment - at home: [see also: Budget surplus (+) or deficit (-) country ranks ] (31 December 2016 est. 83.893 NA (2017 est.) (2016 est. 93.4 $789.4 million (2016 est. 86 (2014 est.) [see also: Inflation rate (consumer prices) country ranks ] [see also: Labor force - by occupation - agriculture country ranks ] Liberia is a low-income country that relies heavily on foreign assistance and remittances from the diaspora. Its principal exports are iron ore, rubber, diamonds, and gold. Imports - commodities: fuels, chemicals, machinery, transportation equipment, manufactured goods; foodstuffs $438.3 million (31 December 2017 est.) $1.296 billion 93.4 $260.6 million Imports - partners: Singapore 29.8%, China 24.4%, South Korea 17.5%, Japan 9.4% During the same period, global commodities prices for key exports fell and have yet to recover to pre-Ebola levels. [see also: Stock of direct foreign investment - abroad country ranks ] 125 56 (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Central bank discount rate country ranks ] [see also: Budget surplus (+) or deficit (-) country ranks ] 93.4 $792.3 million [see also: Household income or consumption by percentage share - highest 10% country ranks ] 28.3% of GDP [see also: Inflation rate (consumer prices) country ranks ] [see also: Household income or consumption by percentage share - lowest 10% country ranks ] 93.4 $1,300 [see also: Household income or consumption by percentage share - highest 10% country ranks ] Exchange rates: Liberian dollars (LRD) per US dollar - Stock of broad money: (31 December 2017 est.) 6 Jan 2020 Liberia discontent: More anti-government protests expected )country comparison to the world (CIA rank, may be based on non-current data): The political situation in Liberia has improved dramatically since President Ellen Johnson Sirleaf assumed power almost two years ago. Taxes and other revenues: 16.9% (of GDP) 86, country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): ), Debt - external: (2017 est. (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): [see also: Imports country ranks ] 108 $16.56 billion [see also: Commercial bank prime lending rate country ranks ] The completion of the rehabilitation of the Mount Coffee Hydroelectric Dam increased electricity production to support ongoing and future economic activity, although electricity tariffs remain high relative to other countries in the region and transmission infrastructure is limited. 0% [see also: Exports country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Market value of publicly traded shares: [see also: Exports country ranks ] [see also: Household income or consumption by percentage share - lowest 10% country ranks ] 38.2 Distribution of family income - Gini index: (31 December 2016 est. [see also: Labor force - by occupation - industry country ranks ] $459.8 million (2016 est.) (31 December 2013 est.) Market value of publicly traded shares: $789.4 million )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): With considerable arable land, Liberia has the potential for crop diversification, improved market linkages, and private sector–led agriculture value chains. 154 $17.01 billion )country comparison to the world (CIA rank, may be based on non-current data): GDP - composition, by sector of origin: $201 million NA $938.9 million )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) (2016 est. [see also: Current account balance country ranks ] 165 $438.3 million $938.9 million )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of direct foreign investment - abroad country ranks ] [see also: Stock of direct foreign investment - abroad country ranks ] Imports: )country comparison to the world (CIA rank, may be based on non-current data): $438.3 million But low education and technical skills keep Liberia from realizing a demographic dividend and increasing savings. revenues: 553.6 million 174 (2015 est.) $438.3 million )country comparison to the world (CIA rank, may be based on non-current data):

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