Socio-Political & Economic Indicators

Socio-Political

• Official Name: The Republic of Liberia
• Capital: Monrovia
• Location: West Africa; Borders Sierra Leone to the west, Guinea to the north and Ivory Coast to the east
• Surface Area: 111,370 sq km
• Time Zone: GMT Zone (UTC+00:00)
• Population: 4.190 million (2012)
• Official Language: English
• Government: Unitary state, Presidential system, Constitutional republic
• President: Ellen Johnson Sirleaf
• Vice President: Joseph Boakai
• Speaker of the House: Alex J. Tyler
• Chief Justice: Francis Korpor
• Business Hours: Public institutions open 8:00am – 4:00pm, while private institutions open 8:00am – 5:00pm

Economic Indicators

• Currency: Liberian dollar (US$ 1 = L$ 85 / 1 Euro = L$ 117 March 2014)
• GDP: US$1.734 Billion (2012)
• GDP Per Capita: US$ 414 (2012)
• GDP Growth: 10.2% (2012)
• Consumer Price Index (CPI): 6.83% (2012)
• FDI: US$ 1.354 Bn