Names: conventional long form: Republic of Liberia conventional short form: Liberia
Capital City: Monrovia
Population: 3,042,004 (July 2006 est.)
GDP Per Capita: $1,000 (2006 est.)
Currency: Liberian dollar (LRD)
Languages: English 20% (official), some 20 ethnic group languages, of which a few can be written and are used in correspondence
Total Area: total: 111,370 sq km land: 96,320 sq km water: 15,050 sq km slightly larger than Tennessee
Region: Africa
Industries: rubber processing, palm oil processing, timber, diamonds
Agriculture: rubber, coffee, cocoa, rice, cassava (tapioca), palm oil, sugarcane, bananas; sheep, goats; timber
Resources: iron ore, timber, diamonds, gold, hydropower
Labor Force:
agriculture: 70% industry: 8% services: 22% (2000 est.)
Exports:
$910 million f.o.b. (2004 est.)
rubber, timber, iron, diamonds, cocoa, coffee
Imports:
$4.839 billion f.o.b. (2004 est.)
fuels, chemicals, machinery, transportation equipment, manufactured goods; foodstuffs
Overview:
Civil war and government mismanagement have destroyed much of Liberia's economy, especially the infrastructure in and around Monrovia. Many businessmen have fled the country, taking capital and expertise with them. Some have returned, but many will not. Richly endowed with water, mineral resources, forests, and a climate favorable to agriculture, Liberia had been a producer and exporter of basic products - primarily raw timber and rubber. Local manufacturing, mainly foreign owned, had been small in scope. President JOHNSON SIRLEAF, a Harvard-trained economist, has taken steps to reduce corruption, build support from international donors, and encourage private investment. An embargo on timber exports has been lifted, opening a source of revenue for the government, but diamonds remain under UN sanctions. The reconstruction of infrastructure and the raising of incomes in this ravaged economy will largely depend on generous financial support and technical assistance from donor countries.
In 2007 Missouri exported $175,072 in goods to Liberia. This ranks Liberia 79th among the 223 international buyers of Missouri goods. Missouri exports to Liberia increased from the previous year by $175,072 a change of NA. State exports to Liberia have decreased over the last 5 years by $121,973 a change of -41.06%. Missouri exports account for .00%. of all 2007 US exports to Liberia.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 000 - Total All Industries MO | 297,045 | 12,531 | 53,427 | 332,513 | NA | 175,072 | |
| 000 - Total All Industries US | 27,675,611 | 33,369,493 | 60,564,117 | 75,045,570 | 67,840,342 | 75,769,497 | |