Liberia Liberia (), officially the Republic of Liberia, is a country on the West African coast. It is bordered by Sierra Leone to Liberia–Sierra Leone border, its northwest, Guinea to its north, Ivory Coast to its east, and the Atlantic Ocean ...

is a country on the West African coast. Liberia means "Land of the Free" in Latin. The

Central Bank of Liberia The Central Bank of Liberia is Liberia's central bank. Its current executive governor is J. Aloysius Tarlue. The offices of the bank are located in Monrovia, the capital of Liberia. The bank is a member of the Alliance for Financial Inclusion. ...

is responsible for printing and maintaining the

Liberian dollar The dollar (currency code ''LRD'') has been the currency of Liberia since 1943. It was also the country's currency between 1847 and 1907. It is normally abbreviated with the sign $, or alternatively L$ or LD$ to distinguish it from other dollar-d ...

, which is the primary form of currency in Liberia. Liberia is one of the world's poorest countries, with a

formal employment An informal economy (informal sector or grey economy) is the part of any economy that is neither taxed nor monitored by any form of government. Although the informal sector makes up a significant portion of the economies in developing countrie ...

rate of 15%. GDP per capita peaked in 1980 at US$496, when it was comparable to Egypt's (at the time). In 2011, the country's nominal GDP was US$1.154 billion, while nominal GDP per capita stood at US$297, the third-lowest in the world. Historically, the Liberian economy has depended heavily on

foreign aid In international relations, aid (also known as international aid, overseas aid, foreign aid, economic aid or foreign assistance) is – from the perspective of governments – a voluntary transfer of resources from one country to another. Ai ...

foreign direct investment A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct co ...

and exports of natural resources such as

iron ore Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the fo ...

, rubber and timber.

Notable firms

This list includes notable companies with primary

headquarters Headquarters (commonly referred to as HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the to ...

located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. File:Monrovia, Liberia - panoramio (64).jpg, Bottling plant in Monrovia. File:BuchananLiberia.jpg, Port of Buchanan, Liberia.

References

{{Africa topic, List of companies of

Notable firms

See also

References