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.
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.
Monrovia has an overall cost of living index which equates it with middle cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.
The latest cost of living rank for each of the 13 Basket Groups is now available.