Civil Service Agency — Institutional Report

Institution Overview

• Institution: Civil Service Agency
• Year: 2,024
• Quarter: Annual
• Expenditure (USD): 6,312,385
• Active Employees: 223
• Workforce Size: 241

Expenditure & Workforce Trends

• 2024 (Annual): Expenditure: 6,312,385 USD · Active: 223 · Workforce: 241
• 2023 (Annual): Expenditure: 5,955,080 USD · Active: 220 · Workforce: 238
• 2022 (Annual): Expenditure: 5,618,000 USD · Active: 216 · Workforce: 233
• 2021 (Annual): Expenditure: 5,300,000 USD · Active: 213 · Workforce: 230
• 2020 (Annual): Expenditure: 5,000,000 USD · Active: 210 · Workforce: 227

National Macroeconomic Indicators

| Indicator | Value | Year | Trend | |---|---|---|---| | GDP (Current Prices) | 5.64 USD Billions | 2026 | up | | International Reserves | 2.9 Months of Import Cover | 2026 | up | | Public Debt | 54.6 % of GDP | 2026 | down | | Inflation Rate (CPI) | 8.2 % | 2026 | up | | GDP Growth Rate | 5 % | 2026 | stable | | Fiscal Deficit | 2.7 % of GDP | 2026 | up | | Current Account Deficit | 14.8 % of GDP | 2026 | up | | LRD/USD Exchange Rate | 183.9 LRD per USD | 2026 | up | | Real GDP Growth Rate | 5.4 % | 2026 | up | | Government Expenditure | 916.6 USD Millions | 2025 | up | | Tax Revenue to GDP Ratio | 15.9 % | 2025 | up | | Poverty Rate | 33.6 % | 2025 | up | | Unemployment Rate | 2.9 % | 2025 | stable | | Non-Performing Loans Ratio | 16.2 % | 2025 | stable | | Government Revenue | 880.7 USD Millions | 2025 | up | | FDI Inflows | 520 USD Millions | 2025 | up | | Capital Adequacy Ratio | 35 % | 2025 | stable | | Mining Sector Growth | 17 % | 2025 | up | | Central Bank Policy Rate | 16.25 % | 2025 | down | | Headline Inflation | 8.5 % | 2025 | down | | Gross Domestic Product (Nominal) | 5.25 USD billion | 2025 | up | | Population Growth Rate | 2.1 % | 2025 | stable | | Tax Revenue to GDP | 15.9 % | 2025 | up | | GDP (current US$) | 5.25 USD billion | 2025 | up | | Primary Fiscal Surplus | 1.4 % of GDP | 2025 | up | | Monetary Policy Rate | 16.25 % | 2025 | down | | GDP per Capita | 915.3 USD | 2025 | up | | Inflation Rate | 6.1 % | 2025 | down | | Real Non-Oil GDP Growth | 4.57 % | 2025 | up | | Total Population | 5,731,206 people | 2025 | up | | Nominal GDP | 5.64 USD billion | 2025 | up | | GDP per capita | 915.3 USD | 2025 | up | | Inflation Rate (Annual Average) | 8.5 % | 2025 | up | | Current Account Deficit to GDP | 14.4 % | 2025 | down | | Gross Domestic Product (GDP) | 5.25 USD billion | 2025 | up | | Public Debt to GDP | 54.6 % | 2025 | down | | Overall Fiscal Deficit to GDP | 1.1 % | 2025 | down | | Inflation Rate (Consumer Prices) | 6 % | 2025 | down |

National Trade Context

• Year: 2,026
• Total Exports (USD): 199.97
• Total Imports (USD): 261.94
• Trade Balance (USD): -61.97
• FDI Inflows (USD): 0
• Remittances (USD): 84.78
• Top Export Commodity: Rubber
• Top Import Commodity: Fuel

Private Sector Context (National)

• Year: 2,024
• Total GDP Contribution (USD M): 545.5
• ArcelorMittal Liberia: 480,000,000 USD revenue · 3,200 employees
• Firestone Natural Rubber: 185,000,000 USD revenue · 6,800 employees
• BRAC Liberia: 12,000,000 USD revenue · 450 employees
• Save the Children Liberia: 8,500,000 USD revenue · 320 employees
• SME Sector Aggregate: 95,000,000 USD revenue · 18,500 employees

Economic Analysis & Outlook

The Civil Service Agency (CSA) has demonstrated consistent fiscal expansion, with expenditures rising steadily from $5.0 million in 2020 to $6.31 million in 2024, reflecting an increasing commitment to public sector management and administrative efficiency. With an active workforce of 223 employees, the agency operates within a broader macroeconomic environment characterized by a projected 5% GDP growth rate and a stable, albeit challenged, fiscal landscape. The agency's growth in budget allocation mirrors the national priority of strengthening governance institutions to support a growing nominal GDP, which is expected to reach $5.64 billion by 2026. While the broader Liberian economy benefits from robust mining sector growth at 17% and rising FDI inflows, the CSA remains a critical pillar in sustaining bureaucratic stability necessary to manage these national gains. Opportunities for the CSA exist in digitizing human resource management and civil service reform, which could further optimize its operational costs against the current inflationary backdrop of approximately 8.2%. However, the institution faces risks inherent in the national macroeconomic profile, including a significant current account deficit and public debt levels reaching 54.6% of GDP. To maintain performance, the agency must balance its upward expenditure trajectory with the national mandate for fiscal prudence, ensuring that the 241-person capacity is leveraged to enhance service delivery. The forward-looking outlook for the CSA remains cautiously optimistic, provided it can align its internal development goals with the government's broader objective of maintaining a primary fiscal surplus and moderating the 16.25% central bank policy rate impacts on overall administrative costs.