Thursday, June 24, 2010

Sri Lanka, Colombo Cost of Living April 2010

Country Full Name: Democratic Socialist Republic of Sri Lanka.

Location: Sri Lanka is an island in the Indian Ocean, south of India.

Country Climate: Tropical monsoon; northeast monsoon (December to March); southwest monsoon (June to October).

Country Terrain: Mostly low, flat to rolling plain; mountains in south-central interior.

Major Languages: Sinhala, Tamil, English.

Major Religions: Buddhism, Hinduism, Islam, Christianity.

Country Population: 20.1 million (2008 est.) 20.2 million (2009 est.).

Country Economy: The economy of Sri Lanka is famous for the production and export of tea, coffee, coconuts, rubber and cinnamon which is native to the country.

Currency: Sri Lanka Rupee (LKR).

Country Inflation: 22.6% (2008 est.) 4.6% (2009 est.).

City: Colombo is the largest city and commercial capital of Sri Lanka.

City Economy: The great majority of Sri Lankan corporations have their head offices in Colombo. Some of the industries include chemicals, textiles, glass, cement, leather goods, furniture, and jewellery. In the city centre is located South Asia's second tallest building - The World Trade Centre.
Cost of Living: Colombo 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. Colombo is currently ranked 276 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living informatin on Sri Lanka, Colombo