Annual Economic Report 2024
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A comprehensive review of Liberia’s economic performance in 2024, highlighting growth, trade, investment, and fiscal trends.
Economic Research — research@nic.gov.lr.
Monrovia, Liberia — The National Investment Commission has released the Annual Economic Report 2024, providing an in-depth analysis of Liberia’s economic performance over the past year. The report examines key indicators such as GDP growth, inflation, trade, investment, and fiscal policy.
Highlights from the report include:
Economic Growth: Liberia’s GDP growth for 2024 is estimated at 4.2%, driven by agriculture, mining, and services.
Inflation & Monetary Policy: Inflation remained moderate at 7.1%, reflecting stable commodity prices and effective monetary management.
Trade & Investment: Exports increased by 8%, led by iron ore, rubber, and agricultural products. Foreign direct investment continued to rise in key sectors.
Government Reforms: Fiscal policies and infrastructure investments supported economic resilience and enhanced business confidence.
“The Annual Economic Report 2024 reflects our commitment to transparency, growth, and evidence-based policy-making,” said the N.I.C. spokesperson.
For more details, download the full report or contact the Economic Research team.