Unlike many other African countries, Liberia is endowed with an impressive capacity for rapid economic development. Not only are her natural resources rich enough to finance this, but in relation to her population they are, indeed, capable of ensuring unimpeded growth in her output per capita.1 This article deals with Liberia's development during the last two decades. It shows the marked and rapid growth in the product of her economy, and how this has yielded a subtle and gradual improvement in the life of her people.