MultiEducator · Nation by Nation
HistoryCentral Est. 1996
Flag of Liberia
flag — Liberia
Nation by Nation

Liberia

Economy

$4.8 billion
GDP
World Bank · 2024
$851
GDP / Capita
World Bank · 2024
+4.0%
GDP Growth
World Bank · 2024
2.9%
Unemployment
World Bank · 2024

Liberia, Africa's oldest republic, is a poor economy still rebuilding from back-to-back civil wars (1989–2003) and the 2014 Ebola epidemic, dependent on commodities and foreign aid.

Rich in iron ore, rubber, and timber, it relies on exports of raw materials and on its large ship registry — one of the world's biggest 'flags of convenience' — for revenue.

Key Sectors

The economy rests on iron ore and gold mining, rubber (long dominated by Firestone plantations), timber, and revenue from its huge open ship registry, alongside subsistence agriculture.

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