Liberia

Liberia's destiny has been otherwise defined by international shipping access to its Atlantic Ocean ports, and the dynamics of its Mano River Basin interior, a region that it shares with its two of its neighbours, Sierra Leone and Guinea. It also borders Cote d'Ivoire.

Liberia's Economy

The economic outlook for Liberia is positive, with real GDP growth projected to increase to 4.7% in 2019 and 4.8% in 2020, underpinned by modest growth in agriculture, fisheries, and services. Inflation is expected to decrease further to 10.5% in 2019 and 9.5% in 2020 because of a stable exchange rate, prudent monetary and fiscal policies, and a modest increase in domestic food production. The current account deficit is expected to remain slightly above 22% in both 2019 and 2020.

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