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 Focus Sectors Regulations & Taxes Businesses (103) People (2)

Snapshot

Population~5.7 MWorld Bank WDI
GDP (current USD)$5.2 BIMF WEO
GDP per Capita$670IMF WEO
GDP Growth5.50%IMF WEO
Inflation (y/y)~10.50%Central Bank / IMF
Internet Use~26.00%World Bank WDI
Electrification~28.00%World Bank WDI
CPI Score (Rank)25.0/100 (#142)Transparency Intl
HDI (Rank)0.481 (#178)UNDP HDR

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)

Business Directory (103)

View All
AC

AccessBank Liberia

Corporate

Microfinance bank

Monrovia
AR

ArcelorMittal Liberia

Corporate

Major iron ore operator

Yekepa
BE

Bea Mountain Mining

Corporate

New Liberty gold mine

Grand Cape Mount
CE

Central Bank of Liberia

Non-profit

Central bank since 1999

Monrovia
CL

Club Beer Liberia

Corporate

Iconic local beer

Monrovia
CU

Cuttington University

Non-profit

Oldest private university since 1889

Suakoko
DA

Daily Observer Liberia

SME

Historic daily newspaper

Monrovia
EC

Ecobank Liberia

Corporate

Pan-African banking

Monrovia
EL

ELBC Radio

Non-profit

Historic national radio

Monrovia
EL

ELWA Hospital

Non-profit

Leading mission hospital

Monrovia
FA

Farmington Hotel

Corporate

Leading airport hotel

Margibi
FD

FDA - Forestry Development Authority

Non-profit

Forestry authority

Monrovia
View all 103 businesses

Tenders

View All

Supply, Installation & Training for Assorted Medical Simulation Equipment, Instruments and Consumables for Skills Laboratory in 3 Counties Bomi, Lofa and Grand Gedeh

World Bank-financed: Institutional Foundations to Improve Services For Health

Consulting Services for Preparation of an Environmental and Social Impact Assessment for Saint Paul 2 Hydropower Project Early Construction Works

World Bank-financed: Saint Paul 2 Hydropower Project Preparation

Supply, Installation, Implementation and Commissioning of the e-Liberia

World Bank-financed: Governance Reform and Accountability Transformation (GREAT) Project

Consulting Services for Preparation of a Resettlement Plan for Saint Paul 2 Hydropower Project Early Construction Works

World Bank-financed: Saint Paul 2 Hydropower Project Preparation

Data Notes: Population, GDP, and GDP per capita are latest IMF WEO / World Bank estimates. Inflation is year-over-year. Trade data from UN Comtrade/OEC (2023). Tax rates from PwC/KPMG country guides. CPI from Transparency International. HDI from UNDP Human Development Report.
Narrative last updated: April 8, 2026.