18/08/2026
Liberia Steps Forward on Trade in Services Data
Vincent Town, Bomi County – August 18, 2026 Liberia has taken a major step toward strengthening its economic statistics with the launch of a five-day Trade in Services Training Workshop at the Hawarth Event Center in Vincent Town, Bomi County.
The workshop, hosted by the External Trade Statistics Unit of LISGIS under the Division of Economic Statistics, runs from August 17–21, 2026. It brings together technical staff from key institutions including the Central Bank of Liberia (CBL), Liberia Immigration Service (LIS), Liberia Revenue Authority (LRA), National Port Authority (NPA), and other ministries and agencies.
For years, Liberia’s external trade data has focused mainly on goods. Yet, services—from finance and transport to tourism and communications—are vital drivers of economic growth, job creation, foreign exchange, and GDP. Recognizing this, ECOWAS has developed a regional guide for compiling Trade in Services statistics, which is now being introduced in Liberia with support from the HISWA Project.
The training aims to equip participants with the concepts, classifications, and frameworks needed to properly measure the services sector. By closing this data gap, Liberia will be better positioned to design policies that reflect the true dynamics of its economy.
This workshop marks Phase One of building better data for better decisions—a foundation for evidence-based policymaking that can unlock new opportunities for national development.