Liberia economy projected to grow 5.5% in 2026 by IMF

The International Monetary Fund (IMF) projects that Liberia’s economy will grow by 5.5 percent in 2026, following a real GDP growth of 5.1 percent in 2025. The expansion is primarily driven by the mining, construction, and manufacturing sectors.

Following the completion of the fourth review of Liberia’s 40-month Extended Credit Facility and the first review of its Resilience and Sustainability Facility, the IMF has approved additional financing. This support is intended to continue economic reform programs aimed at strengthening fiscal stability, governance, and resilience to external shocks.

While the IMF notes improvements in fiscal indicators and a projected easing of inflation, the assessment highlights several ongoing challenges for President Joseph Nyuma Boakai’s administration. These include a heavy dependence on mining, exposure to international price shocks, commodity-market volatility, declining donor support, and weaknesses in public-sector governance. The report also questions whether this macroeconomic growth will effectively improve household incomes, employment opportunities, and access to essential services for the general population.