Monday, July 8, 2024

Liberia Economy 7-8-24

Nominal GDP $4.347B, Per capita GDP $800.21, Population 5,418,377, Debt to GDP 54.5%. Inflation 20.3%, Unemployment 2.9%, Labor Force Participation 76.86%, Land Area 43,000 sq miles, Arable Land 5.19%, Urban 53%, Rural 47%. Exports $1.96B, Imports $17.9B, Trade Deficit $15.94B.

The top exports of Liberia are Gold ($699M), Iron Ore ($347M), Passenger and Cargo Ships ($291M), Rubber ($216M), and Special Purpose Ships ($109M), exporting mostly to Switzerland ($544M), France ($158M), Germany ($156M), United Kingdom ($148M), and Poland ($124M).

The top imports of Liberia are Passenger and Cargo Ships ($11.2B), Refined Petroleum ($4.22B), Additive manufacturing machines ($277M), Centrifuges ($178M), and Rice ($124M), importing mostly from China ($7.52B), South Korea ($4.18B), Japan ($2.65B), Germany ($842M), and Brazil ($501M).

Norb Leahy, Dunwoody GA Tea Party Leader

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