Tuesday, May 25, 2010

Gabon, Libreville Cost of Living April 2010

Country Full Name: The Gabonese Republic.

Location: Gabon is in Western Africa, bordering the Atlantic Ocean at the Equator, between Republic of the Congo and Equatorial Guinea.

Country Climate: Tropical; always hot, humid.

Country Terrain: Narrow coastal plain; hilly interior; savanna in east and south.

Major Languages: French, Bantu-group languages.

Major Religions: Christianity.

Country Population: 1.45 million (2008 est.) 1.47 million (2009 est.).

Country Economy: The economy of Gabon enjoys a per capita income four times that of most nations of sub-Saharan Africa. This has supported a sharp decline in extreme poverty; yet because of high income inequality a large proportion of the population remains poor.

Currency: CFA Franc (XAF).

Country Inflation: 5.3% (2008 est.) 2.6% (2009 est.).

City: Libreville is the capital and largest city of Gabon.

City Economy: The city is home to a shipbuilding industry, brewing industry and sawmills. The city exports raw materials such as wood, rubber and cocoa from the city's main port, and the deepwater port at Owendo.
Cost of Living: Libreville 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. Libreville is currently ranked 29 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Gabon, Libreville