Skilled and Cost-Effective Labour
Liberia has a growing skilled workforce and remains highly competitive in labour costs across key industries.
Growth in Working Age Population
2.81% growth in the working age population in 2019[^1]
Employment
Employment in Industry contributes 8.8% of total employment in Liberia[^3]
Education
Approximately 390,000 students in tertiary education in 2018[^2]
Opportunities
The Youth Opportunities Project has enrolled 12,920 youth, 50% of whom are females.
Labour Costs Across the Mining Sector
Source: fDi Benchmark, a service from fDi Intelligence, Financial Times Limited
Skills Development
Higher education institutions — including the Liberia International Christian College — are actively training youth in agriculture. The "Youth Rising" project is training TVET instructors, administrators, and principals to strengthen vocational education.
Growth Accelerator Initiative
Launched in 2021 as a partnership between UNDP, iCampus Liberia, and Accountability Lab, the Liberia Growth Accelerator supports business growth and promotes new ventures that stimulate economic development.
Sources
- United Nations, World Population Prospects, 2019
- UNESCO Institute for Statistics, 2018
- fDi Intelligence from the Financial Times based on the International Labour Organization, 2020
- World Bank Group, Country Overview, 2020
- World Bank Group, Country Competitiveness Reports, 2018
- EEAS, Training Liberia’s Skills Trainers, 2021