Key Figures

Chief of State:
President Ellen Johnson Sirleaf
Head of Government:
President Ellen Johnson Sirleaf

Overview

Government Name:
Republic of Liberia
Constitution:
Adopted: 1986; Articles include information on the structure of the state, general principles of national policy, fundamental rights, citizenship, and the powers of the different branches of government.
Government Type:
Republic
Republic of Liberia Flag
Coat of Arms of Republic of Liberia

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2018)

Country Risk Rating

D
A high-risk political and economic situation and an often very difficult business environment can have a very significant impact on corporate payment behavior. Corporate default probability is very high. Source: Coface (2018)

Government Branches

Main Powers Election Process Election Cycle 1
Executive

In charge of executory tasks of the government and appoints cabinet with the task of assisting in day-to-day operations.

Absolute majority vote through a two-round system.

6 years

Judicial

Supreme Court is the highest court of the land and has jurisdiction for all constitutional cases.

Appointed by the president of Liberia with consent of the senate.

Mandatory retirement age of 70

Legislative

Consisting of the senate and house of representatives, this branch confirms president's appointments and is in charge of creating legislature.

The senate has 30 members elected by plurality vote in multi-member constituencies. The house of representatives has 73 members elected by plurality vote in single-member constituencies.

Senate: 9 years; House of Representatives: 6 years

Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Information not available
Tax Name:
Information not available

Sources:

  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/library/publications/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/