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    Liberia

    Continent
    Africa
    Capital
    Monrovia
    Population
    5,437,249
    Sub-Zones
    15
    General Information
    Basic details about Liberia
    Population:
    5,437,249
    Area:
    111,369 sq km
    Currency:
    Liberian dollars
    Languages:
    English 20, including Liberian English variants
    Economic Overview
    Key economic indicators for Liberia
    GDP:
    $8.882 billion
    GDP per Capita:
    $1,600
    GDP Growth:
    4.68%
    Inflation:
    10.09%
    Unemployment:
    2.94%
    Public Debt:
    34.4% of GDP
    Political System
    Governance structure of Liberia
    Government Type:
    presidential republic
    Head of State:
    President Joseph BOAKAI (since 22 January 2024)
    Head of Government:
    President Joseph BOAKAI (since 22 January 2024)
    Judiciary:
    Supreme Court (consists of a chief justice and 4 associate justices); note - the Supreme Court has jurisdiction for all constitutional cases
    Administrative Divisions:
    15 counties; Bomi, Bong, Gbarpolu, Grand Bassa, Grand Cape Mount, Grand Gedeh, Grand Kru, Lofa, Margibi, Maryland, Montserrado, Nimba, River Cess, River Gee, Sinoe

    Major Political Parties

    • Not specified
    International Relations
    Global position and alliances
    UN Member:
    Yes
    EU Member:
    No
    Diplomatic Presence:
    5201 16th Street NW, Washington, DC 20011

    Major Alliances and Organizations

    AU
    Economic Sectors & Trade
    Detailed economic breakdown

    Major Economic Sectors

    Agriculture
    35.8% (2023 est.)
    Industry
    24.2% (2023 est.)
    Services
    36.3% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

    Trade Volume

    Exports:
    $1.22 billion
    Imports:
    $1.961 billion

    Major Trading Partners

    Switzerland 30
    UK 13
    France 8
    Germany 7
    Lebanon 4

    Economic Outlook

    Liberia has a 4.68% GDP growth rate with 10.09% inflation. The economy is characterized by a strong agriculture sector.