Liberia
Liberia is a West African nation with a unique historical background, situated along the Atlantic coastline. Founded in 1847 by freed African American slaves, it is the first independent republic in Africa and maintains strong historical connections...
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With a safety index of 22/100, Liberia offers below average safety conditions for expats and their families.
Liberia offers visa-on-arrival capabilities for international travelers arriving by air at Roberts International Airport (ROB) in Monrovia, making entry relatively straightforward for citizens of most countries including the United States, United Kingdom, Canada, and Australia[2]. The visa-on-arrival program requires pre-application through an online portal before travel, after which travelers receive a confirmation letter with a QR code. Upon arrival at the airport, travelers present this confirmation at the designated Visa on Arrival counter, complete biometric data collection (fingerprints and face...
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66% below EU avg
Baselines based on EU averages. Source: Numbeo indices.
Capital
Monrovia
Timezone
UTC
Area
111,369 km²
Population
5,057,677
GDP
$4.00B
HDI
0.5
Quality of Life
N/A
NYC baseline: 43
Purchasing Power
N/A
NYC baseline: 42
Understanding the economic landscape is essential for evaluating living costs and opportunities in Liberia. This comprehensive overview covers key financial indicators including cost of living, housing markets, income levels, and fiscal policies that shape daily life and long-term financial planning.
Cost of Living Index
Very affordable living costs. Groceries index: 97.8, Restaurant index: 69.4. Significantly lower than major international cities, making daily expenses manageable for most residents.
Housing Market
Extremely affordable housing. Rent index: 5.1 indicates very low rental costs. Limited property price data available, but rental market accessibility is exceptionally favorable for residents.
Average Income Levels
Low purchasing power with GDP per capita around $866-$984 USD. Extreme poverty at 33.1% in 2024. Limited income opportunities outside mining and agriculture sectors constrain household earnings.
Tax System
Standard income tax and VAT system in place. Limited publicly available data on specific tax rates and progressiveness. Tax administration improving under IMF fiscal consolidation program with enhanced domestic revenue mobilization.
Business Environment
Challenging business environment with limited infrastructure and regulatory clarity. Economy heavily dependent on extractive industries (mining). Fiscal consolidation and IMF support indicate ongoing institutional development efforts.
Social Security
Limited social safety net infrastructure. Healthcare and social programs underdeveloped relative to international standards. Government budget constraints limit comprehensive social security coverage for vulnerable populations.
Liberia features a hot, humid tropical climate throughout the year, dominated by Tropical Rainforest (Af) and Tropical Monsoon (Am) classifications under Köppen-Geiger. Temperatures remain consistently high, averaging 25-30°C with minimal seasonal variation, making it feel perpetually warm and sticky.
3 distinct climate regions — see full guide for details
Read full guideLife Expectancy
62.5
Population
5,057,677
Religions
Ethnic Composition
Currently under research
Research in Progress
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We're gradually rolling out this feature and continuously improving the insights. The data is based on real expat discussions and will become more comprehensive over time.
Liberia is a unitary constitutional republic modeled on the United States government system, with Joseph Boakai serving as president since January 2024 following a competitive 2023 election. The country has maintained peace and stability for over two decades since its civil war ended in 2003, though corruption and governance challenges remain significant concerns. The government is implementing open government reforms aligned with its 2025-2029 ARREST Agenda for Inclusive Development.
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Population
5,057,677
Currency
LRD
Timezone
UTC
Calling Code
+231
Week starts on
Monday
Gini Coefficient
35.3 (2016)
Traffic side
right side
Data Source: Safety, crime, and quality metrics are sourced from Numbeo, a crowd-sourced global database of reported data.
All scores are relative comparisons on a 0-100 scale, where 50 = global average. Higher scores mean better than average, lower scores mean worse than average.