Industries: rubber processing, food processing, construction materials, furniture, palm oil processing, mining (iron ore, diamonds)
Agriculture: accounts for about 40% of GDP (including fishing and forestry); principal products—rubber, timber, coffee, cocoa, rice, cassava, palm oil, sugarcane, bananas, sheep, and goats; not self-sufficient in food, imports 25% of rice consumption
Aid: US commitments, including Ex-Im (FY70-88), $634 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970-87), $793 million; OPEC bilateral aid (1979-89), $25 million; Communist countries (1970-88), $77 million
Currency: Liberian dollar (plural—dollars); 1 Liberian dollar (L$) = 100 cents
Exchange rates: Liberian dollars (L$) per US$1—1.00 (fixed rate since 1940); unofficial parallel exchange rate of L$2.5 = US$1, January 1989
Fiscal year: calendar year
- Communications Railroads: 480 km total; 328 km 1.435-meter standard gauge, 152 km 1.067-meter narrow gauge; all lines single track; rail systems owned and operated by foreign steel and financial interests in conjunction with Liberian Government
Highways: 10,087 km total; 603 km bituminous treated, 2,848 km all weather, 4,313 km dry weather; there are also 2,323 km of private, laterite-surfaced roads open to public use, owned by rubber and timber companies
Ports: Monrovia, Buchanan, Greenville, Harper (or Cape Palmas)
Merchant marine: 1,379 ships (1,000 GRT or over) totaling 48,655,666 DWT/ 90,005,898 DWT; includes 11 passenger, 148 cargo, 26 refrigerated cargo, 18 roll-on/roll-off cargo, 42 vehicle carrier, 42 container, 4 barge carrier, 436 petroleum, oils, and lubricants (POL) tanker, 100 chemical, 63 combination ore/oil, 41 liquefied gas, 6 specialized tanker, 413 bulk, 2 multifunction large-load carrier, 26 combination bulk; note—a flag of convenience registry; all ships are foreign owned; the top four owning flags are US 17%, Hong Kong 13%, Japan 10%, and Greece 10%; China owns at least 20 ships and Vietnam owns 1