The Liberian economy has faced uncertainty in the past two years due to declining mining exports and rising inflation and currency depreciation. Real GDP growth, after declining to 0.4% in 2019, is expected to recover to 1.6% in 2020, underpinned by mining, forestry, and agriculture. Commercial gold exports, commercial palm oil production, and cocoa and fisheries investment have expanded. Macroeconomic stability is expected to improve in 2020 with the implementation of an IMF-supported program improving fiscal and monetary policies and tackling structural rigidities to create a favorable environment for private investment.
In June 2019, the banking sector of Liberia represented a total asset of $ 0.9 billion.
Credit distributed to private sector represents $0.43 billion.