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Economy

STATISTICS INFORMATION FACTS

Currency:
Till 1999 two kind of Liberian dollars were in existence - the JJ Roberts and Liberty, officially at par with the US dollar which is also legal tender in the country. The new L-Dollar bills are published at page-77. On the parallel market in Monrovia, US$1 = L$40.

Liberty Dollar

Radio Broadcast:
Stations AM: 3
Stations FM: 10
Shortwave: 0

Radios (1995): 675.000

TV Stations: 1

Televisions (1995): 56.000

Languages:
The official language is English; also several native languages are spoken.

Religion:
Liberia is officially a Christian state, but Islam (especially in the north) and traditional African beliefs are also practiced.

Climate:
Tropical hot & humid with two main seasons, the rainy and the dry seasons. Wet cloudy summers with frequent heavy showers from May to October, dry winter season from November to April.



ECONOMY

Liberia's free-enterprise system and open-door policy encourage trade and investment opportunities. Existing industries and/or sources of economic activity that generate significant earnings in the labor and export sectors of the economy include iron ore, diamonds, gold, rubber and forestry products, coffee, cacao and palm/bamboo products. To expand industrial growth, the government is encouraging the establishment of domestic industries that will be fed with local raw materials and products. Agricultural development is increasing which activities include animal husbandry, fish farming, extensive lowland rice cultivation, and diversification of staple and cash crops.

Geological explorations have revealed untapped reserves of Oil, Gas, Hydrocarbon and Uranium deposits, but also economic base-potential commerical mining-quantities: Barite, Phosphate, Garnet, Corundum, Copper, Lead, Zinc, Kyanite, Toumaline, Beryl, Topaz, Chronite; and such heavy minerals as Ilmenite, Rutile, Picroilmenite, Monazite and Zircon.

Climate

Tropical hot & humid with two main seasons, the rainy and the dry seasons. Wet cloudy summers with frequent heavy showers from May to October, dry winter season from November to April. Variations in average temperature and relative humidity from one season to the other are not significant, although a significant change occurs in relative humidity (from 78 down to 30 percent) during the months of December to March when a dry natural hazzard Harmattan wind blows from the Sahara, resulting in hot days and cold nights in January. Temperature between 15C (65F) and 35C (95F) in Monrovia typify the extremes of coastal temperatures. Annual rainfall averages 200 inches (508 cm) along the coast, and diminishes to about 70 inches (178 cm) farther inland, ideal for crops such as rubber, cacao, coffee, okra, cassava (capioka), mango, papaya (pawpaw), palm oil, bananas and kola.

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  • free enterprise system, zero tax jurisdiction

  • 260 species of trees, amongst other: Mahogany, African Walnut, Mahere, Teak, Ebony, Ironwood, Makore, Sikon and Camwood.

  • 200 different birds

Liberian Specialties

Angling:
St. Paul & Mesurado River, in Lake Piso and in the Atlantic Ocean

Fishers

National Anhem:
All hail, Liberia, hail ...

Rare Animals

Antelope

Pygmy Hippo or Hippopotatis Choeropsis Liberiensis (found in the lowland forest & swamps)Jenkin's Duiker & Manatee. But also Crocodiles, Baboons, Boa constrictors, Flamingos, Parrots and of course the famous Bulbul have their home in Liberia.

Beautiful Beaches
Bernhard's, Elwa, Kenema, Kendaje, Sugar, Cooper & Caesar's

Caesar's Beach



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