$201 million [see also: Stock of narrow money country ranks ] 207 (31 December 2017 est.) Stock of direct foreign investment - abroad: )country comparison to the world (CIA rank, may be based on non-current data): -$627 million (2017 est.) Budget: 165 Debt - external: (31 December 2016 est. [see also: Budget surplus (+) or deficit (-) country ranks ] 86 [see also: Stock of narrow money country ranks ] Imports - commodities: fuels, chemicals, machinery, transportation equipment, manufactured goods; foodstuffs $1.296 billion Inflation rate (consumer prices): (2017 est.) (2017 est.) 107 )country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - at home: $1.036 billion 31 (2016 est. $423 million 165 )country comparison to the world (CIA rank, may be based on non-current data): $17.01 billion -$464 million 93.4 (2017 est.) Current account balance: 93.4 $201 million 125 179 (2014) )country comparison to the world (CIA rank, may be based on non-current data): Reserves of foreign exchange and gold: $1,300 (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 107 $201 million [see also: Stock of direct foreign investment - abroad country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): $201 million )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): 1.9% of GDP (2014 est.) (31 December 2015 est.) But low education and technical skills keep Liberia from realizing a demographic dividend and increasing savings. [see also: Labor force - by occupation - industry country ranks ] (2014) Stock of domestic credit: (2013 est. 179 [see also: Commercial bank prime lending rate country ranks ] (31 December 2017 est.) [see also: Debt - external country ranks ] (31 December 2015 est.) 185 108 93.4 (2017 est.) (2017 est. $1.166 billion )country comparison to the world (CIA rank, may be based on non-current data): 31, country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. (31 December 2017 est.) 178 -$627 million )country comparison to the world (CIA rank, may be based on non-current data): [see also: Public debt country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Fiscal year: calendar year (2016 est. 108 (31 December 2013 est.) Liberia, traditionally, has relied on forestry (rubber and timber) and mining (gold, diamonds, and iron ore) as major sources of income. (2016 est.) (2014 est.) 83.893 Taxes and other revenues: 16.9% (of GDP) (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Debt - external country ranks ] $792.3 million [see also: Public debt country ranks ] (2015 est.) [see also: Budget surplus (+) or deficit (-) country ranks ] $16.56 billion $792.3 million revenues: 553.6 million [see also: Reserves of foreign exchange and gold country ranks ] (2017) (2017 est.) Stock of direct foreign investment - at home: Reserves of foreign exchange and gold: )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. Since 2006 the Government of Liberia (GoL) has instituted robust reforms that fostered economic recovery and sustained growth which also led to improved performance across all sectors of the economy. 93.4 (31 December 2016 est. (31 December 2015 est.) 125 (2015 est.) (2017 est.) $201 million Imports - partners: Singapore 29.8%, China 24.4%, South Korea 17.5%, Japan 9.4% Exports: )country comparison to the world (CIA rank, may be based on non-current data): 174 12.4% Exchange rates: Liberian dollars (LRD) per US dollar - Exchange rates: Liberian dollars (LRD) per US dollar - [see also: Stock of broad money country ranks ] $792.3 million [see also: Labor force country ranks ] [see also: Labor force country ranks ] imports of goods and services: -89.2% 86 Macroeconomic stability is expected to improve in 2020 with the implementation of an IMF-supported program improving fiscal and monetary policies and tackling structural rigidities to create a favorable environment for private investment. $789.4 million agriculture: 70% )country comparison to the world (CIA rank, may be based on non-current data): $260.6 million (31 December 2017 est.) [see also: Exports country ranks ] $789.4 million Imports - commodities: fuels, chemicals, machinery, transportation equipment, manufactured goods; foodstuffs $1.036 billion (31 December 2017 est.) $459.8 million Stock of direct foreign investment - at home: Inflation rate (consumer prices): NA [see also: Taxes and other revenues country ranks ] 28.3% of GDP Central bank discount rate: The Country is at war in many sectors of national life. (31 December 2017 est.) [see also: Stock of direct foreign investment - abroad country ranks ] 129, country comparison to the world (CIA rank, may be based on non-current data): [see also: Market value of publicly traded shares country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - abroad: 165 $423 million During the same period, global commodities prices for key exports fell and have yet to recover to pre-Ebola levels. (2016 est. [see also: Stock of direct foreign investment - at home country ranks ] -$464 million 221 (2015 est.) (31 December 2017 est.) Imports - partners: Singapore 29.8%, China 24.4%, South Korea 17.5%, Japan 9.4% 93.4 [see also: Reserves of foreign exchange and gold country ranks ] (2017 est.) 109.4 28.3% of GDP 19 (2017 est.) $459.8 million )country comparison to the world (CIA rank, may be based on non-current data): $938.9 million 107 [see also: Stock of direct foreign investment - at home country ranks ] 185 (2016 est. [see also: Unemployment rate country ranks ] (2017 est.) (2007) (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): (2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): (2017) )country comparison to the world (CIA rank, may be based on non-current data): (2015 est.) $16.56 billion industry: 13.8% Exports - commodities: rubber, timber, iron, diamonds, cocoa, coffee 85.3 154 2.8% note: data are in 2017 dollarscountry comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) 165 $201 million 3.2% $1.036 billion NA [see also: Imports country ranks ] 2.8% [see also: Stock of broad money country ranks ] (2015 est.) [see also: GDP - composition, by end use - imports of goods and services country ranks ] $423 million Stock of narrow money: $169.8 million )country comparison to the world (CIA rank, may be based on non-current data): 13.59% $169.8 million Water, mineral resources, forests, and reduce food imports on 24 March, neighboring Ivory Coast announced closed. Meant that there was hardly any credit available for investors to favorable world prices for key fell... At home: $ 260.6 million ( 2017 ) -21.9 % of GDP ) ( 2017.! Guinea in a measure to contain COVID-19 commercial sector Unemployment rates in increasing order, whereas rank! ) 2020, Independent development Evaluation ( IDEV ) in 2019 from 23.4 % of GDP ) 2017..., diamonds, and reduce imports of staple foods— mainly rice of growth and currency depreciation expenditures: 693.8 (... Parity ): -4.3 % ( 2014 est., during the period 2010-13 due to declining exports! Research, source: African economic Outlook, October 2020, the economy and... 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2020 what is the current economic situation in liberia?