Infrastructure

The World Economic Forum Global Competitiveness Report (2013) ranked the quality of overall infrastructure of Liberia 103rd out of 148 countries. As a whole, Liberia faces a severe infrastructure shortage in energy, roads, and ports. This is widely due to the inefficiency of State-owned enterprises (SOEs) operating these sectors. Historically, the SOEs are characterized by high levels of corruption, financial opaqueness, cronyism, and mismanagement. Although Liberia established disciplines of managing and operating SOEs, the oversight body, Bureau of State Enterprise, is severely under-resourced and functioning little. Another constraint is Liberia’s weak implementation of public investment projects with an execution rate of around 60 to 65 per cent of budgeted capital expenditures (IMF 2013). The most problematic infrastructure sectors remain in electricity supply and telecommunication. The country’s installed power generation capacity is one-tenth of the benchmark level for other low-income countries in Africa. Also, the cost of generating power is high and the power tariff is about three times the average for Africa (IBRD/WB 2010). Moreover, fixed telephone lines per 100 people is extremely low at less than 0.1 per cent. However, although the number of subscription per 100 people is still small (56.4 per cent), the mobile telephone sector is growing and forming a highly competitive market where four licensed operators provide services. The same report ranked the Liberian financial market 106th, while the banking system of Liberia is dominated by one bank that holds over 50 per cent of commercial bank demand deposits and provided around 40 per cent of credit to the private sector.

Source: WEF, 2013, Global Competitiveness Report 2013-14
Bertelsmann Siftung, 2014, Liberia Country Report
IBRD and World Bank, 2010, Liberia’s Infrastructure: A Continental Perspective
IMF, 2013, The Investment-Financing-Growth Nexus: The Case of Liberia
U.S. Department of State, 2013, Investment Climate Statement (Liberia)

Indicator Value Rank/148
Quality of overall infrastructure How would you assess general infrastructure (e.g., transport, telephony, and energy) in your country? [1 = extremely underdeveloped—among the worst in the world; 7 = extensive and efficient—among the best in the world] | 2012–13 weighted average. 2.49 130
Quality of roads How would you assess roads in your country? (1 = extremely underdeveloped; 7 = extensive and efficient by international standards) | 2010, 2011. 2.92 104
Quality of railroad infrastructure How would you assess the railroad system in your country? (1 = extremely underdeveloped; 7 = extensive and efficient by international standards) | 2010, 2011. 1.97 88
Quality of port infrastructure How would you assess port facilities in your country? (1 = extremely underdeveloped; 7 = well-developed and efficient by international standards). For landlocked countries, this measures the ease of access to port facilities and inland waterways | 2010, 2011. 3.35 108
Quality of air transport infrastructure How would you assess passenger air transport infrastructure in your country? (1 = extremely underdeveloped; 7 = extensive and efficient by international standards) | 2010, 2011. 3.09 119
Individuals using Internet (%) Internet users are people with access to the worldwide network. 57.12 126
Mobile telephone subscriptions/100 pop According to the World Bank, mobile cellular telephone subscriptions are subscriptions to a public mobile telephone service using cellular technology, which provides access to switched telephone technology. Postpaid and prepaid subscriptions are included. This can also include analogue and digital cellular systems but should not include non-cellular systems. Subscribers to fixed wireless, public mobile data services, or radio paging services are not included. 3.79 128
Fixed broadband Internet subscriptions/100 pop: The International Telecommunication Union considers broadband to be any dedicated connection to the Internet of 256 kilobits per second or faster, in both directions. Broadband subscribers refers to the sum of DSL, cable modem and other broadband (for example, fiber optic, fixed wireless, apartment LANs, satellite connections) subscribers. 0.00 137