Liberia: Selected Issues and Statistical Appendix

This paper provides an overview of economic developments during 1997–99 in Liberia. A large part of the deterioration in the debt-stock ratios over the past decade reflects the accumulation of arrears. This is shown clearly in the increase in the debt per capita ratio. Provisional GDP estimates by source have been prepared by IMF staff in collaboration with the Liberian government. These estimates suggest a very sizable decline during the war and a strong initial post-war recovery based on crop production and export data.
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Volume/Issue: Volume 2000 Issue 050
Publication date: April 2000
ISBN: 9781451822786
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Business and Economics , Exports and Imports , Public Finance , ISCR , CR , Liberia , dollar , export , price , tertiary sector , dollar unit prices , debt load , U , S , dollar terms , obligations to the fund , Liberia's debt-to-GDP ratio , Liberia's stock , Liberty dollar , per capita income , Agricultural commodities , Exports , Arrears , Sub-Saharan Africa , West Africa

Summary

This paper provides an overview of economic developments during 1997–99 in Liberia. A large part of the deterioration in the debt-stock ratios over the past decade reflects the accumulation of arrears. This is shown clearly in the increase in the debt per capita ratio. Provisional GDP estimates by source have been prepared by IMF staff in collaboration with the Liberian government. These estimates suggest a very sizable decline during the war and a strong initial post-war recovery based on crop production and export data.