Liberia: Liberia Earns 'Very Good' Eiti Rating

What the report says

AllAfrica, republishing a Liberian Observer report from Monrovia, said Liberia received a “very good” score of 80 out of 100 in its latest Extractive Industries Transparency Initiative validation. The result was announced by the EITI International Secretariat on July 21, 2026, after an assessment under the 2023 EITI Standard covering the period from June 2022 to December 2025, with 2023 fiscal data drawn from Liberia’s 16th EITI Report.

According to the report, Liberia earned recognition for progress in transparency, public access to extractive-sector information and public participation in oversight of mining and petroleum governance. The validation also gave Liberia an additional point for effectiveness and sustainability, citing the use of digital tools, local-language materials, simplified contract information and outreach efforts through the Liberia Extractive Industries Transparency Initiative.

The report said the EITI also identified gaps needing further reform. These include stronger data quality controls, more complete institutionalization of beneficial ownership disclosures, broader environmental reporting and clearer mechanisms to ensure local communities benefit from extractive revenues. It also referenced civil society analysis of a reported US$2.7 billion gap between mineral export and import figures, raising concerns about possible illicit trade and revenue losses.

The rating matters because Liberia’s natural resources are a major part of the economy. The EITI report, as cited by Liberian Observer, said natural resources represented 56 percent of GDP in 2023 and generated about US$152 million in government revenue, with mining contributing roughly 80 percent of extractive-sector revenues. The report noted that expanded ArcelorMittal Liberia operations and renewed offshore petroleum exploration could make transparency systems more important as investment grows.