Liberia, officially known as the Republic of Liberia, is located on the West African coast. The majority of the population relies on Agriculture and the export of raw commodities. The economic freedom score of Liberia is 47.9, which makes it 159th economically freest in the 2022 index. The GDP of the country has improved since 2020. Liberia is a member of the Economic Community of West African States (ECOWAS).
IT Professional, Engineers
The top local universities with ranks in Liberia are mentioned below;
World : 10638
World : 11822
World : 12484
World : 12590
The below table mention some common jobs in Liberia with average salary;
|Job Title||Average Monthly Salary (LRD)||Average Monthly Salary (USD)|
|Business Development Manager||113,000||731|
The payroll cycle in Liberia is Monthly.
$5.50 per day (845.31 LRD per day) for unskilled workers and $3.50 per day (537.93 LRD per day) for domestic workers.
The normal work hours in Liberia is eight hours a day. Work hours exceeding the daily working hours should be paid at the rate of 50% above the normal rate. Same rates apply for working on public holidays as well.
In Liberia, there is no statutory law for 13th month pay.
|Social security contribution||3%|
|Social security contribution||4.75%|
|Income range (in LRD)||Rate|
|Up to 70,000||0|
|70,001 to 200,000||5%|
|200,001 to 800,000||6,500 +15%|
|Over 800,001||96,500 + 25%|
For non-residents, flat 15% tax is applicable at income sourced in Liberia.
GST is levied at 10%; and 15% for telecommunications services.
In case of a definite period contract, work contracts end without the need of giving notice as per the terms and conditions. Whereas in case of an indefinite contract, the employer has the right to dismiss the employees by giving them notice.
Employers have to give 2 weeks notice for non-salaried employees and 4 weeks notice in case of salaried employees.
Employers either have to give notice or payment in lieu of notice.
Foreign nationals who want to work in Liberia need to get a work permit/Visa. In Liberia, work permits are linked to employers, so when you change a job, you need to apply for a new work permit as well.