Monrovia is the capital city of the West African nation of Liberia. The city's economy is dominated by its harbour. Monrovia is Liberia's financial centre. Liberia is in Western Africa, bordering the North Atlantic Ocean, between Cote d'Ivoire and Sierra Leone. The climate is tropical, hot and humid with dry winters with hot days and cool to cold nights, and wet, cloudy summers with frequent heavy showers. The official language is English. It is the language of business. The main religions are Christianity, Islam and indigenous beliefs. The economy of Liberia was negatively impacted by the civil war and government mismanagement, especially the infrastructure in and around the capital, Monrovia. Many businesses fled the country, taking capital and expertise with them, but with the conclusion of fighting and the installation of a democratically-elected government in 2006, some have returned. Business dress is relatively informal. Female expatriates should dress conservatively and be wary of walking alone in the capital Monrovia at any time of day or night. The security risk for expatriates in Liberia is medium overall, but high near the border with Cote d'Ivoire. Risks include opportunistic petty crime, violent robbery, ethnic violence, militia activities, and poor / non-existent infrastructure. The currency of Liberia is the Liberian Dollar (LRD). Credit cards are not accepted. Limited ATMs accept only some cards in Monrovia. Money exchange and banking facilities are limited. Medical facilities are poor. There is no effective medical emergency service. Malaria is present. The population of Monrovia is 1 Million (2016 est.), while the inflation rate is 8% (2016 est.).
Cost Of Living
The cost of living for expatriates in In Monrovia, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Monrovia as at 1 April 2016 is very high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Average 2) Clothing: Very Low 3) Communication: Average 4) Education: Average 5) Furniture & Appliances: Very High 6) Groceries: Very High 7) Healthcare: High 8) Household Accommodation: High 9) Miscellaneous: Very High 10) Personal Care: Very High 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: High 13) Transport: Very Low Monrovia is for example 185% more expensive than Macedonia for groceries, 24.3% more expensive for household costs than Skopje, and -21.6% cheaper for transport costs than Madagascar. The hardship premium for Monrovia for an expat from Malta, is for example 20%, i.e. host location (Monrovia) premium of 40% minus home (Malta) location premium of 20%. Monrovia is ranked as a extreme hardship location. Want to know more about cost of living, hardship or expat pay in Monrovia? Register subscribe to your home location and Monrovia and run your personalised reports.