Liberia is a country on the West African coast. Liberia means "Land of the Free" in Latin.[1] The Central Bank of Liberia is responsible for printing and maintaining the Liberian dollar, which is the primary form of currency in Liberia. Liberia is one of the world's poorest countries, with a formal employment rate of 15%.[2] GDP per capita peaked in 1980 at US$496, when it was comparable to Egypt's (at the time).[3] In 2011, the country's nominal GDP was US$1.154 billion, while nominal GDP per capita stood at US$297, the third-lowest in the world.[4] Historically, the Liberian economy has depended heavily on foreign aid, foreign direct investment and exports of natural resources such as iron ore, rubber and timber.[5]
Notable firms
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes |
---|---|---|---|---|---|
AccessBank Liberia | Financials | Banks | Monrovia | 2009 | Commercial bank |
Air Liberia | Consumer services | Airlines | Monrovia | 1974 | Airline, defunct 1990 |
Cable Consortium of Liberia | Telecommunications | Fixed line telecommunications | Monrovia | 2010 | Terminal for ACE |
Central Bank of Liberia | Financials | Banks | Monrovia | 1999 | Central bank |
First International Bank (Liberia) | Financials | Banks | Monrovia | 2005[6] | Commercial bank |
Global Bank Liberia | Financials | Banks | Monrovia | 2005 | Commercial bank |
International Bank | Financials | Banks | Monrovia | 1960 | Commercial bank |
LAMCO | Basic materials | General mining | Monrovia | 1955 | Mining, defunct 1989 |
Liberia Airways | Consumer services | Airlines | Monrovia | ? | Airline, defunct 2006 |
Liberia Broadcasting System | Consumer services | Broadcasting & entertainment | Monrovia | 1960 | Government-owned broadcaster, defunct 1990 |
Liberia Cement Corporation (Cemenco) | Industrials | Building materials & fixtures | Monrovia | 1968 | Cement |
Liberia Telecommunications Corporation | Telecommunications | Fixed line telecommunications | Monrovia | 1973 | Government-owned |
Liberian Bank for Development and Investment | Financials | Banks | Monrovia | 1961 | Commercial bank |
LoneStar Airways | Consumer services | Airlines | Monrovia | 2004 | Airline, defunct 2006 |
Lonestar Cell | Telecommunications | Mobile telecommunications | Monrovia | 2000 | Wireless, part of MTN Group (South Africa) |
National Port Authority | Industrials | Transportation services | Monrovia | 1921 | Government-owned ports |
Satgur Air Transport | Consumer services | Airlines | Monrovia | 2004 | Airline, defunct 2006 |
- Bottling plant in Monrovia.
- Port of Buchanan, Liberia.
See also
References
- ↑ Bayor, Ronald (Jul 31, 2011). Multicultural America: An Encyclopedia of the Newest Americans, Volume 2. ABC-CLIO. p. 1462. ISBN 9780313357862.
- ↑ "Background Note: Liberia". Bureau of African Affairs. United States Department of State. March 8, 2011.
- ↑ "GDP per capita (current US$) |Data |Graph". Data.worldbank.org. Retrieved March 26, 2013.
- ↑ "Liberia". International Monetary Fund.
- ↑ Bateman, Graham; Victoria Egan; Fiona Gold; Philip Gardner (2000). Encyclopedia of World Geography. New York: Barnes & Noble Books. p. 161. ISBN 1-56619-291-9.
- ↑ "Stocks - Bloomberg". Bloomberg News.