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Facts & Statistics

Economic Indicators:

Strong and Steady Growth: From 2006-2009, Liberia's GDP grew at an average rate of 6.7 percent– more than double the global average. GDP growth is projected to rise to 7.3 percent in 2011. GDP: USD 876 million – at purchasing power parity, USD 1.6 billion (2009)
GDP per capita: USD 223– at purchasing power parity, USD 400 (2009)
GDP growth: 4.6 percent (2009) – a decline from the average growth of 8.1 percent (2006-2008); this was reflective of the global economic crisis

Excerpt of 2011 Economic Indicators (from Central Bank of Liberia)

Feb 11

Mar 11

Apr 11

May 11

Monetary

(Millions of US$)

Central Bank of Liberia Net Foreign Exchange Revenue Position (including SDRs)

287.3

294.7

296.2

299.2

(Millions of L$)

Liberian Dollars in Circulation

5,528.1

5.605.9

5,653.9

5,626.1

Money Supply (M1) in L$ only

5,766.5

5,937.8

6,015.0

5,985.1

Broad Money (M2) in L$ only

7,692.6

7,989.6

8,125.0

8,186.2

Broad Money (M2) in both US$ and L$ only*

30,665.1

31,677.0

32,694.6

34,229.8

(In Percent)

Liberian Dollar Share of Broad Money

25.1

25.2

24.9

23.9

Interest Rates (Lending Rates)

13.5

13.4

13.5

13.5

(In Percent)

Overall (Year-on-Year) Rate of Inflation

7.5

6.5

7.4

7.6

  a. Food and Non-Alcoholic Beverages Inflation

12.6

8.1

9.0

7.9

    - Domestic Food Inflation

20.7

12.8

11.5

10.2

    - Imported Food Inflation

5.5

3.9

6.8

5.9

  b. Transport Inflation

6.6

19.7

20.6

14.4

  c. Imported Fuels Inflation

17.0

23.3

33.4

33.2

Core Inflation

(In Percent)

Inflation Excluding Food & Non-Alcoholic Beverages

2.7

5.1

7.8

7.2

Inflation Excluding Imported Food

8.1

7.4

9.5

8.2

Inflation Excluding Domestic Food

3.6

4.7

7.5

6.8

Inflation Excluding Food and Transport

2.1

2.9

5.9

4.7


For additional information on economic indicators in Liberia, please visit the website of the Central Bank of Liberia: http://www.cbl.org.lr.

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