g the stripping of
resources by local warlords - threatens prospects for reconstruction
as well as the repatriation of an estimated 750,000 Liberian refugees
who have fled to neighboring countries. The continued political
turmoil has prevented restoration of normal economic life, including
the re-establishment of a strong central government with effective
economic development programs.

GDP: purchasing power parity - $2.4 billion (1995 est.)

GDP - real growth rate: 0% (1995 est.)

GDP - per capita: purchasing power parity - $1,100 (1995 est.)

GDP - composition by sector:
agriculture: 30%
industry: 36%
services: 34%

Inflation rate - consumer price index: 50% (1994 est.)

Labor force:
total: 510,000 including 220,000 in the monetary economy
by occupation: agriculture 70.5%, services 10.8%, industry and
commerce 4.5%, other 14.2%
note : non-African foreigners hold about 95% of the top-level
management and engineering jobs

Unemployment rate: NA%

Budget:
revenues: $225 million
expenditures: $285 million, including capital expenditures of $NA
(1994 est.)

Industries: rubber processing, food processing, construction
materials, furniture, palm oil processing, iron ore, diamonds

Industrial production growth rate: NA%

Electricity - capacity: 430,000 kW (1991)

Electricity - production: 1.05 billion kWh (1991)

Electricity - consumption per capita: 384 kWh (1991 est.)

Agriculture - products: rubber, coffee, cocoa, rice, cassava
(tapioca), palm oil, sugarcane, bananas; sheep, goats; timber

Exports:
total value: $667 million (f.o.b., 1995 est.)
commodities: diamonds, iron ore, rubber, timber, coffee
partners: US, EU, Netherlands, Singapore

Imports:
total value : $5.8 billion (f.o.b., 1995 est.)
commodities: mineral fuels, chemicals, machinery, transportation
equipment, manufactured goods; rice and other foodstuffs
partners: US, EU, Japan, China, Netherlands, ECOWAS, South Korea

Debt - external: $2.1 billion (1994 est.)

Economic aid:
recipient: ODA, $NA

Currency: 1 Liberian dollar (L$) = 100 cents

Exchange rates: Liberian dollars (L$) per US$1 - 1.0000 (officially
fixed rate since 1940); market exchange rate: Liberian dollars (L$)
per US$1 - 50 (October 1995), 7 (January 1992); market rate floats
against the US dollar

Fiscal year: calendar year

@Liberia:Communications

Telephones: less than 25,000 (1991 est.)

Telephone system: telephone and telegraph service via microwave radi