2. Liberia.jpg

2. Liberia

Description: 2. Liberia

Misery index score: 90.5
Inflation: 5.5%
Unemployment: 85%


A low-income country heavily reliant on foreign aid, Liberia's economy was destroyed by civil war and government mismanagement. In 2010, Liberia was so poor that debtor countries permanently eliminated $5 billion of debt that was owing. Though the local economy has been growing at a fast pace in the past two years, it has been mostly due to rich natural resources and high commodity prices. Eighty-five per cent of the country's labour force cannot find steady employment.

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