Economy
Nominal GDP
USD 4.81 billion
GDP per capita
USD 796
2021–2025 average
Currency
- Name
- Liberian dollar
Либерийский доллар - ISO code
- LRD
- Rate against the US dollar
- USD 1 = 171.39 LRD
- Rate against the rouble
- 10 LRD = 4.8753 RUB
- Rate type
- Cross rate via the Bank of Russia USD/RUB rate
- Currency zone
- National currency
Exchange rate as of 1 October 2026
Economic structure
GDP structure: 2021–2025 average Source: Based on World Bank data. Period: 2021–2025 average
- Agriculture 34.9%
- Industry 21.9%
- Services 39.9%
Industries and programmes
- Key industries
- Iron ore and gold mining, rubber, forestry, and the maritime ship registry.
- Government programmes
- ARREST Agenda for Inclusive Development (AAID) 2025–2029
International trade
Exports of goods, 2021–2025
USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025
Table
| Year | USD billion | index, 2021 = 100 |
|---|---|---|
| 2021 | 0.88 | 100.0 |
| 2022 | 1.03 | 117.0 |
| 2023 | 1.10 | 125.0 |
| 2024 | 1.31 | 148.9 |
| 2025 | 2.07 | 235.2 |
- Imports of goods
- USD 2.16 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
- Change in exports of goods, 2021–2025
- +135.2%
- Average annual rate of change in exports of goods, 2021–2025
- +23.8%
Export specialisation
Main export products
share of exports of goods, %, 2023 Source: UN Comtrade, 2023; share of total merchandise exports, HS chapters (2 digits). Period: 2023
Main export destinations
share of exports of goods, %, 2023 Source: UN Comtrade, 2023; share of total merchandise exports, HS chapters (2 digits). Period: 2023
Investment areas
- Mining
- Agribusiness (rubber, palm oil)
- Energy
- Infrastructure
- Fishing
Agreements with Russia
Investment protection
There is no bilateral agreement with Russia on the promotion and reciprocal protection of investments.
Absent
Double taxation
There is no double taxation agreement with Russia.
Absent
Visa requirements
Russian citizens holding ordinary passports require a visa
Visa required
Peaceful nuclear energy
No information
Other agreements
- Soviet-era treaty framework (including a maritime shipping agreement); protocol on consultations between the foreign ministries.
Incentives
- Main regimes and incentives
Investment Act 2010 and Revenue Code: incentives for priority sectors, equipment duty exemptions, and investment deductions.
- Type of measure
- Investment agency
- NIC — National Investment Commission of Liberia (National Investment Commission)
