Market Research In Liberia

Liberia Profile:

  • Liberia, officially the Republic of Liberia, is a country on the West African coast and is divided into fifteen counties and subdivided into a total of 90 districts.
  • Corruption is endemic at every level of the Liberian government. And is ranking 87th of 178 countries worldwide and 11th of 47 in Sub-Saharan Africa in the 2010 Corruption Perceptions Index.
  • Liberia was a founding member of the League of Nations, United Nations and the Organisation of African Unity.
  • The Central Bank of Liberia is responsible for printing and maintaining the Liberian dollar, which is the primary form of currency in Liberia.
  • Liberia is one of the world’s poorest countries and has the highest ratio of foreign direct investment to GDP in the world.

Liberia Economy:

  • Liberia is a low-income country that relies heavily on foreign assistance and remittances from the diaspora.
  • Liberia is richly endowed with water, mineral resources, forests, and a climate favourable to agriculture.
  • During 2014-2015 Ebola crisis, the economy declined and many foreign-owned businesses departed with their capital and expertise.
  • In 2017, gold is expected to be a key driver of growth, as a new mining project begins its first full year of production, and iron ore exports are also expected to improve as Arcelor Mittal opens new mines at Mount Gangra.
  • Revitalizing the economy in the future will depend on economic diversification, increasing investment and trade, higher global commodity prices, sustained foreign aid and remittances, development of infrastructure and institutions, combating corruption, and maintaining political stability and security.

Liberia Facts:

  • Population: 4.7 million
  • Capital: Monrovia
  • Largest city: Monrovia
  • Area: 111,369 sq km
  • Major language: English 20% (official), some 20 ethnic group languages
  • Major religion: Christian 85.6%, Muslim 12.2%, Traditional 0.6%, other 0.2%
  • Life expectancy: 61.2 years (Male), 65.5 years (Female)
  • Monetary unit: 1 Liberian Dollar(L$, LRD) = 100 Cents
  • Main exports: Rubber, timber, iron, diamonds, cocoa, coffee
  • GNI per Capita: $710

Our Market Research Services in Liberia:

We Employ A Wide Range of Research Techniques in Liberia:

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