Liberia Economy

Liberia Economy

Liberia's economy centers on natural resources, with iron ore, rubber, and timber as primary exports. Post-civil war recovery emphasizes mining and agriculture, including palm oil and cocoa. Subsistence farming employs most, growing rice and cassava. Ebola and political instability have stalled progress. The informal sector is large due to limited infrastructure. Efforts to attract investment focus on roads and ports. High poverty and unemployment persist, exacerbated by weak governance. Liberia's Atlantic coast offers fisheries potential. Despite challenges, international aid and reforms aim to diversify into manufacturing and tourism for stable, inclusive growth.

World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Liberia GDP statistics.