The people of Liberia have seen violent conflicts spanning more than 30 years between 1979 and 2003, including a military coup d’état in 1980, widespread violence during military rule and two civil wars. As a result of these conflicts, the national GDP fell by a catastrophic 90 percent between 1987 and 1995, one of the biggest economic collapses ever recorded in the world.
The recent Ebola virus outbreak caused significant socio-economic disruptions, with the World Bank estimating a cost of $234 million—12 percent of the GDP.
Liberia has reduced chronic malnutrition rates among children under age five from the level of “critical” to “serious,” according to WHO classification. However, six of Liberia’s 15 counties still have critical levels of chronic malnutrition.
Despite substantial national deficits in infrastructure and social service delivery, the Government has embarked on an ambitious plan to make Liberia a middle-income country by 2030.