LIBERIA

RAPID INFORMATION DATA SHEET
(Actually based on the year 2007 estimates)

Geography
Official language: English
Other key languages: Merico, Mande, Mel, Kru, other Niger-Congo dialects
Major religious groups: Ethnic, Christian, Muslim
Capital: Monrovia
Population: 3.8 m
Land area: 111,369 km²
Population density (people/km²) 34.1

Key economic data
GDP: US$ 0.8 bn
GDP per capita: US$ 211
PPP GDP per capita: n/a
Average Real GDP growth 2000-06: n/a
Currency: Liberian Dollar
Key exports: Rubber, cocoa
Key imports: Mineral fuels & lubricants, food
& live animals, machinery & transport equipment,
manufactured goods

Liberia has tourist attractions such as shallow lagoons, islands, lakes, mangrove swamps, capes, rivers, colonial-styled wide porch homes and 350 miles white sandy beaches. Liberia's unique history as the first black African republic and a haven for freed black American slaves in the 19th century can be great tourist attractions. . Liberia's tropical beaches and waterfalls are unique tourist attractions as they provide a paradise for angling, fishing, surfing, swimming, and potential for golfing. Liberia's rivers, bays, and tributaries are also great tourist attractions because of the opportunities they provide for sea kayaking, kayak sailing, snorkeling, scuba diving, scuba-breathe diving, salt water sport-fishing and windsurfing in the tropics.
Apart from the rivers and islands, Liberia enjoys the earth's finest climate for environmental tourism. The natural and breathe taking beauty of herds of prairie animals such as elephants, viviparous toad, cross river gorilla, water buffalo, lions, zebra duiker, leopards, Diana monkey, Iguanas, white mangabey, chimpanzees, Nile hippopotamus-derogatorily called pygmy hippopotamus-must be developed for wildlife-watching tour or safari. Liberia is legendary for its hippotamus (not pygmy hippotamus), which is found nowhere else on earth. One should, however, note that while “pygmy hippopotamus” is mainly confined to Liberia, neighboring nations such as Sierra Leone, Guinea and the Ivory Coast have small herbs of them. National wildlife refuges and other birding hotspots are easily accessible for tourist visits and bird watch.

LIBERIA

Tax indicators

Companies:
• Company tax: Resident companies 35%
• Company tax: Non-resident companies
• Secondary Tax on Companies (STC): None
• General sales tax: 7%
• Value-added tax: None

Individuals:
• Fiscal year end: 31 December
• Individual marginal tax rate (maximum): 35%
• Basis of taxation: Residence-based

Withholding tax:
• Interest: 10% or 15%
• Dividends: 10% or 15%
• Royalties: 10% or 15%
Exchange controls: Exist
Double tax treaties: Exist
Capital gains tax: n/a%

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