Country intelligence

Liberia

Last updated 15 Nov 2026, 05:19 UTC (sources checked) · figures last changed 15 Nov 2026 · news checked 15 Nov 2026, 05:48 UTC

Partner risk indices

Country Risk Index
59.1
Political Risk Index
54.2
Short-Term Economic Risk Index
58.8
Long-Term Economic Risk Index
55.6
Operational Risk Index
66

Source: Partner Research Partner, as of 8 Nov 2026. 0-100, higher means higher risk.

Key indicators

IndicatorValuePeriodSource
Real GDP growth5.1%2025 (estimate)IMF WEO
Inflation, average consumer prices8.3%2025 (estimate)IMF WEO
GDP, current pricesUS$5.2bn2025 (estimate)IMF WEO
GDP per capita, current pricesUS$9102025 (estimate)IMF WEO
General government gross debt55.1%2025 (estimate)IMF WEO
Government net lending (+) / borrowing (-)-2.1%2025 (estimate)IMF WEO
Current account balance-7%2025 (estimate)IMF WEO
Population5.7 million2025World Bank WDI
Population growth2.09%2025World Bank WDI
Urban population56.1%2025World Bank WDI
Unemployment (modelled ILO estimate)2.9%2025World Bank WDI
Foreign direct investment, net inflows9.5%2025World Bank WDI
External debt stocks50.6%2025World Bank WDI
Official exchange rate (period average)191.3 LCU per USD2024World Bank WDI
Bank lending interest rate13%2025World Bank WDI
Domestic credit to the private sector17.2%2024World Bank WDI
Internet users32.2%2024World Bank WDI
Mobile subscriptions32.06 per 100 people2022World Bank WDI
Fixed broadband subscriptions0.27 per 100 people2022World Bank WDI
Access to electricity34.9%2024World Bank WDI
Renewable share of final energy consumption92.8%2022World Bank WDI
Oil rents0%2021World Bank WDI
Fuel exports1.8%2023World Bank WDI
Mineral rents5.4%2021World Bank WDI
Ores and metals exports0.1%2023World Bank WDI
Agriculture, forestry and fishing, value added32.7%2025World Bank WDI
Employment in agriculture41.1%2025World Bank WDI
Manufacturing, value added2.3%2011World Bank WDI
Industry (including construction), value added24.5%2025World Bank WDI
Services, value added40%2025World Bank WDI
Political stability and absence of violence63.212025World Bank WGI
Regulatory quality40.62025World Bank WGI
Rule of law44.642025World Bank WGI
Control of corruption28.592025World Bank WGI
Government effectiveness28.362025World Bank WGI

Market overview

  • Liberia is in West Africa and is classified by the World Bank as Low income. (World Bank)
  • Population: 5.7 million (2025). (World Bank WDI)
  • GDP: US$5.2bn in 2025 (estimate). (IMF WEO)

Economic conditions

  • Real GDP growth: 5.1% in 2025 (estimate); the IMF projects 5.5% for 2026. (IMF WEO)
  • Average consumer price inflation: 8.3% in 2025 (estimate); projected 5.9% for 2026. (IMF WEO)
  • General government gross debt: 55.1% of GDP in 2025 (estimate). (IMF WEO)
  • Current account balance: -7% of GDP in 2025 (estimate). (IMF WEO)
  • Government net lending/borrowing: -2.1% of GDP in 2025 (estimate). (IMF WEO)
  • Official exchange rate averaged 191.31 local currency units per US dollar in 2024, against 152.93 in 2022: 25.1% more units per dollar (the currency weakened against the dollar). (World Bank WDI)

Key risks

  • Partner risk indices (0-100, higher = higher risk), as of 8 Nov 2026: Country Risk Index 59.1 (rank 34 of 53 in Africa, 1 = lowest risk); Political Risk Index 54.2 (rank 35 of 53 in Africa, 1 = lowest risk); Short-Term Economic Risk Index 58.8 (rank 36 of 53 in Africa, 1 = lowest risk); Long-Term Economic Risk Index 55.6 (rank 22 of 53 in Africa, 1 = lowest risk); Operational Risk Index 66 (rank 30 of 53 in Africa, 1 = lowest risk). (Partner Research Partner)
  • Highest-scoring Partner risk component: logistics risk (72.7, operational). (Partner Research Partner)
  • World Bank governance scores (2025, 0-100, higher is better): control of corruption 29; government effectiveness 28; political stability and absence of violence 63; rule of law 45; regulatory quality 41. (World Bank WGI)
  • External debt stocks: 50.6% of GNI (2025). (World Bank WDI)
  • Unemployment (modelled ILO estimate): 2.9% of labour force (2025). (World Bank WDI)

Investment considerations

  • Foreign direct investment, net inflows: 9.5% of GDP (2025). (World Bank WDI)
  • Domestic credit to the private sector: 17.2% of GDP (2024). (World Bank WDI)
  • Bank lending interest rate: 13% (2025). (World Bank WDI)
  • The Meridian holds 133 published records tagged to Liberia. (The Meridian)

Sector snapshot

  • Energy and power: access to electricity 34.9% of population (2024); renewable share of final energy consumption 92.8% (2022). (World Bank WDI)
  • Mining and minerals: mineral rents 5.4% of GDP (2021); ores and metals exports 0.1% of merchandise exports (2023). (World Bank WDI)
  • Financial services: foreign direct investment, net inflows 9.5% of GDP (2025); bank lending interest rate 13% (2025). (World Bank WDI)
  • Technology, media and telecoms: internet users 32.2% of population (2024); mobile subscriptions 32.1 per 100 people (2022). (World Bank WDI)
  • Agriculture: agriculture, forestry and fishing, value added 32.7% of GDP (2025); employment in agriculture 41.1% of employment (2025). (World Bank WDI)
  • Manufacturing and industry: manufacturing, value added 2.3% of GDP (2011); industry (including construction), value added 24.5% of GDP (2025). (World Bank WDI)
  • Infrastructure and real estate: urban population 56.1% of population (2025); access to electricity 34.9% of population (2024). (World Bank WDI)

Recent developments

Data limitations and sources

  • Older data, shown with its period and not described as current: Mobile subscriptions (Latest published value is for 2022); Fixed broadband subscriptions (Latest published value is for 2022); Renewable share of final energy consumption (Latest published value is for 2022); Oil rents (Latest published value is for 2021); Fuel exports (Latest published value is for 2023); Mineral rents (Latest published value is for 2021); Ores and metals exports (Latest published value is for 2023); Manufacturing, value added (Latest published value is for 2011).
  • IMF figures for the most recent year are IMF estimates and later years are projections. World Bank series typically lag by one to two years. Headlines come from automated news monitoring and are not verified by The Meridian.
  • Sources last checked 15 Nov 2026.

Meridian transactions

Meridian articles

Economic baseline (World Bank / IMF)

GDP
$5.2bn2025
Real GDP growth
5.1%2025
GDP per capita
$9102025
Consumer price inflation
8.3%2025
Population
5.7m2025
Current account balance (% of GDP)
-7.0%2025
General government gross debt (% of GDP)
55.1%2025

Sources: IMF World Economic Outlook via the IMF DataMapper (latest year shown is no later than 2025; recent years may be IMF estimates). Latest available year shown; refreshed weekly. Compare all 54 markets.

Investors active in Liberia

All investors and indicators for Liberia