LIBERIA

Country risk rating

D4

HIGH RISK for enterprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD 3.249bn (World ranking 166, World Bank 2018)
Population 4.82mn (World ranking 123, World Bank 2018)
Form of state Republic
Head of government George Weah (President)
Next elections 2024, presidential and legislative (House of Representatives)
  • Mineral resources (iron ore, timber, diamonds)
  • Financial support from international organizations
  • Very high and structural current account deficit (-25% of GDP in 2019)
  • Poor levels of education, which leads to a shortage of skilled workforce
  • Very low foreign currency liquidity, exchange rate instability and structural inflation
  • Poor public financial management
  • Poor health infrastructure and organization, which led to the Ebola outbreak in 2014 (the presence of the virus has been declared over by WHO)

Contact

Contact Euler Hermes

Economic Research Team

research@eulerhermes.com

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