Sunday, May 2, 2010

Cambodia, Phnom Penh Cost of Living April 2010

Country Full Name: Kingdom of Cambodia.

Location: Cambodia is in Southeastern Asia, bordering the Gulf of Thailand, between Thailand, Vietnam, and Laos.

Country Climate: Tropical; rainy, monsoon season (May to November); dry season (December to April); little seasonal temperature variation.

Country Terrain: Mostly low, flat plains; mountains in southwest and north.

Major Languages: Khmer.

Major Religions: Buddhism.

Country Population: 13.7 million (2008 est.) 13.9 million (2009 est.).

Country Economy: The economy of Cambodia has seen rapid progress in the last decade. Per capita income, although rapidly increasing, is low compared with most neighbouring countries. The main domestic activity on which most rural households depend is agriculture and its related sub-sectors. Manufacturing output is varied but is not very extensive and is mostly conducted on a small-scale and informal basis.

Currency: Cambodian Riel (KHR).

Country Inflation: 25.0% (2008 est.) -0.6% (2009 est.).

City: Phnom Penh is the capital and largest city of Cambodia.

City Economy: Double-digit economic growth rates in recent years have triggered an economic boom, with new hotels, restaurants, bars, and residential buildings springing up around the city. Phnom Penh's wealth of historical and cultural sites makes it a very popular tourist destination.
Cost of Living: Phnom Penh has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Phnom Penh is currently ranked 275 overall, most expensive place in the world for expatriates to live, out of 282 international locations.
For more cost of living information on Cambodia, Phnom Penh