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Liberia

Republic of Liberia

English Liberian Dollar (LRD) Mixed: Anglo-American common law, customary law
AU, ECOWAS, AfCFTA, WTO

Liberia is a post-conflict economy with significant natural resource potential. Key sectors include iron ore mining (ArcelorMittal operations at Yekepa), rubber plantations (Firestone), palm oil, gold, diamonds, and forestry. The country operates a dual-currency system (USD and LRD). Liberia has the world's second-largest ship registry by tonnage. Under President Joseph Boakai (elected 2023), the government is focused on anti-corruption, infrastructure, and economic recovery. Challenges include limited infrastructure, electricity access (28%), and post-Ebola economic recovery.

Snapshot

Population~5.7 MWorld Bank, 2025
GDP (current USD)$5.2 BWorld Bank, 2025
GDP per Capita$915World Bank, 2025
GDP Growth5.02%World Bank, 2025
Inflation (y/y)~8.32%World Bank, 2025
Unemployment2.88%World Bank, ILO modelled estimate, 2025
Internet Use~32.23%World Bank, 2024
Electrification~28.00%World Bank WDI
CPI Score (Rank)25.0/100 (#142)Transparency Intl
HDI (Rank)0.481 (#178)UNDP HDR

World Bank Indicators Compare with another country

GDP (current USD)$5.2 BWorld Bank, 2025
GDP growth (annual)5.02%World Bank, 2025
GDP per capita (USD)$915World Bank, 2025
Population, total5.7 MWorld Bank, 2025
FDI net inflows (USD)$500.0 MWorld Bank, 2025
Inflation (consumer prices)8.32%World Bank, 2025
Unemployment (% labour force)2.88%World Bank, 2025
Internet use (% of people)32.23%World Bank, 2024
Trade (% of GDP)Not available on this platform

Climate Readiness Full ranking

32out of 100
Early-stage
Climate adaptation readiness for Liberia, from 5 of 5 measured indicators.
Energy access2828.0% · 30% weight
Governance readiness2525 / 100 CPI · 20% weight
Human readiness480.481 HDI · 20% weight
Economic readiness31$915, 2025 · 15% weight
Digital readiness2626.0% · 15% weight
This scores climate adaptation readiness (adaptive capacity), following the readiness dimension of the ND-GAIN framework, from five measured indicators scaled 0 to 100. It does not measure emissions or physical climate vulnerability. Energy access is the most climate-specific of the five; the others cover governance, the economy, human development and digital readiness. The economic sub-score is relative to the African countries we cover.
How this is computed

Adaptive capacity to absorb climate finance and adapt, following the readiness dimension of the ND-GAIN framework, from measured indicators only. It is not a measure of emissions or physical climate vulnerability.

  • Energy access (30%): World Bank, access to electricity (% of population). The single most climate and energy specific signal held: SDG 7 and the clean-energy transition.
  • Governance readiness (20%): Transparency International, Corruption Perceptions Index (0-100). ND-GAIN governance readiness: the capacity to govern and deploy climate finance. Higher is cleaner.
  • Human readiness (20%): UNDP, Human Development Index (0-1). ND-GAIN social readiness: the adaptive capacity of the population.
  • Economic readiness (15%): World Bank, GDP per capita (current US$), latest measured year. ND-GAIN economic readiness: the capacity to finance adaptation. Scored relative to the covered set.
  • Digital readiness (15%): World Bank, individuals using the Internet (% of population). Information systems for early warning and adaptation.

A country is scored only when at least 4 of the five indicators are held. Sub-scores are weighted and renormalised over the indicators that are present; nothing is estimated for one that is absent.

Country Facts

CapitalMonrovia
RegionWest Africa
CurrencyLiberian Dollar (LRD)
FX RegimeManaged float (dual currency: USD/LRD)
Investment Promotion AgencyNational Investment Commission (NIC)
Legal SystemMixed: Anglo-American common law, customary law
Time ZoneAfrica/Monrovia

Focus Sectors

Mining (iron ore, gold, diamonds)
Rubber
Palm Oil
Forestry
Agriculture
Maritime (ship registry)
Telecoms
Construction

Regulations & Taxes

Corporate Income Tax25% standard
VAT / Sales Tax10% (Goods & Services Tax)