Thursday, June 17, 2010

Mali, Bamako Cost of Living April 2010

Country Full Name: The Republic of Mali.

Location: Mali is in Western Africa, southwest of Algeria.

Country Climate: Subtropical to arid; hot and dry (February to June); rainy, humid, and mild (June to November); cool and dry (November to February).

Country Terrain: Mostly flat to rolling northern plains covered by sand; savanna in south, rugged hills in northeast.

Major Languages: French, Bambara, Berber, Arabic.

Major Religions: Islam, indigenous beliefs.

Country Population: 13.4 million (2008 est.) 13.7 million (2009 est.).

Country Economy: The Economy of Mali is based to a large extent on agriculture, with an overwhelmingly rural population, many of whom are engaged in subsistence agriculture. Mali is among the ten poorest nations of the world, is one of the 37 Heavily Indebted Poor Countries, and is a major recipient of foreign aid from many sources.

Currency: CFA Franc (XOF).

Country Inflation: 9.2% (2008 est.) 2.5% (2009 est.).

City: Bamako is the capital and largest city of Mali.

City Economy: Bamako is the nation's administrative center, river port in nearby Koulikoro, and a major regional trade and conference center.
Cost of Living: Bamako 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. Bamako is currently ranked 48 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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