LIBERIA
HR Outsourcing Solutions

Delegate Your HR Functions To Us in Liberia​

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About Liberia

Page Last Updated: 28/05/2024

Liberia, located on the west coast of Africa, is a country with a rich history and valuable natural resources. Offering opportunities for investment and growth, Liberia is an attractive market for businesses. Africa HR Solutions supports companies entering the Liberian market by providing efficient employee onboarding and payroll management. We manage the complexities of HR administration, enabling businesses to focus on their core objectives and succeed in Liberia. 

Population: 5.56 M
Gross Domestic Product (GDP): $4.75 B
GDP Growth: 5.3%
Inflation: 6.3%
Foreign Direct Investment (% of GDP): 24%
Unemployment Rate: 3.03%
Capital: Monrovia
Currency: Liberian dollar (LRD)
Languages: English

Liberia Payroll at a Glance

Currency

Liberian dollar (LRD)

Income Tax

0% – 25%

Employer Taxes

N/A

Employee Contribution

N/A

Fiscal Year

1 January – 31 December

Date Format

dd/mm/yyyy

  • The official language of Liberia is English, though there are numerous indigenous languages spoken throughout the country.
  • Liberia is a republic with a presidential system. The President of Liberia is both the head of state and the head of government.
  • Liberia was founded by freed American and Caribbean slaves with the support of the American Colonisation Society in the early 19th century.
  • Liberia’s economy is primarily based on agriculture, mining, and forestry. Key exports include rubber, iron ore, timber, and palm oil.
  • Liberia is rich in natural resources such as rubber, iron ore, timber, diamonds, and gold.
  • New Year’s Day
  • Armed Forces Day
  • Decoration Day
  • J. Roberts Birthday
  • Fast and Prayer Day
  • National Unification Day
  • Independence Day
  • Flag Day
  • Thanksgiving
  • William Tubmans Birthday
  • Christmas Day
Interesting-Facts

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