Sunday, May 2, 2010

Cameroon, Douala Cost of Living April 2010

Country Full Name: Republic of Cameroon.

Location: Cameroon is in Western Africa, bordering the Bight of Biafra, between Equatorial Guinea and Nigeria.

Country Climate: Varies with terrain, from tropical along coast to semiarid and hot in north.

Country Terrain: Diverse, with coastal plain in southwest, dissected plateau in center, mountains in west, plains in north.

Major Languages: French, English, languages of Bantu, Semi-Bantu and Sudanic groups.

Major Religions: Christianity, Islam, indigenous beliefs.

Country Population: 19.4 million (2008 est.) 19.9 million (2009 est.).

Country Economy: The economy of Cameroon is one of the ten highest in sub-Saharan Africa. Red tape, high taxes, and endemic corruption have impeded growth of the private sector. Unemployment was estimated at 30% in 2001, and about a third of the population was living below the international poverty threshold.

Currency: CFA Franc (XAF).

Country Inflation: 5.4% (2008 est.) 2.9% (2009 est.).

City: Douala is the largest city in Cameroon and the capital of Cameroon's Littoral Province.

City Economy: Douala is home to Cameroon's largest port and its major international airport, Douala Airport, it is the commercial capital of the country. Consequently, it handles most of the country's major exports, such as oil, cocoa and coffee, timber, metals and fruits .
Cost of Living: Douala has an overall cost of living index which equates it with high 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. Douala is currently ranked 18 overall, most expensive place in the world for expatriates to live, out of 282 international locations.
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