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 Liberia is 4.5 Million (2018 est.), while the inflation rate (CPI) is 17.8% for Liberia as at February 2018. For a single Expat, the personal income tax rate in Liberia is progressive up to 25%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Liberia, 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): Liberia as at 1 April 2018 is very high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: Average 3) Communication: Very High 4) Education: Average 5) Furniture & Appliances: Very High 6) Groceries: Very High 7) Healthcare: High 8) Household Accommodation: High 9) Miscellaneous: Very Low 10) Personal Care: Very High 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: Very High 13) Transport: Very Low Liberia is for example 59.5% more expensive than USA for groceries, 4.6% more expensive for household costs than UK, and 22.4% more expensive for transport costs than India. The hardship premium for Liberia for an expat from Australia, is for example 30%, i.e. host location (Liberia) premium of 40% minus home (Australia) location premium of 10%. Liberia is ranked as a extreme hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Liberia? Register subscribe to your home location and Liberia and run your personalised reports.