Throughout history, Liberia has been rated as one of the most prosperous economies in all of Africa – primarily because of strong cultural relations with America, as well as close trade. Unfortunately, in 1980 this changed dramatically due to a military coup.
The good news is that in 2006, Liberia’s GDP started to turn around. Coupled with favourable climate and a significant mineral reserve, Liberal is forecasted to enjoy double-digit growth in 2012.
2012 GDP Forecast: $1.32 billion
GDP Growth: 10.496%
Related: Liberia Fast Facts
Photo Credit: EFA Report