Thursday, June 24, 2010

Suriname, Paramaribo Cost of Living April 2010

Country Full Name: Republic of Suriname.

Location: Suriname is in Northern South America, bordering the North Atlantic Ocean, between French Guiana and Guyana.

Country Climate: Tropical; moderated by trade winds.

Country Terrain: Mostly rolling hills; narrow coastal plain with swamps.

Major Languages: Dutch (official), English, Sranang Tongo, Hindi, Javanese.

Major Religions: Hinduism, Islam, Christianity.

Country Population: 0.5 million (2008 est.) 0.5 million (2009 est.).

Country Economy: The economy of Suriname is dominated by the bauxite industry, which accounts for more than 15% of GDP and 70% of export earnings. Other main export products include rice, bananas and shrimp.

Currency: Suriname Dollar (SRD).

Country Inflation: 14.6% (2008 est.) 7.6% (2009 est.).

City: Paramaribo is the capital and largest city of Suriname.

City Economy: Paramaribo's major exports are gold, bauxite, sugar cane, rice, cacao, coffee, rum, and tropical woods. Cement and paint are manufactured in the city.
Cost of Living: Paramaribo 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. Paramaribo is currently ranked 267 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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