Saturday, June 26, 2010

Zimbabwe, Harare Cost of Living April 2010

Country Full Name: Republic of Zimbabwe.

Location: Zimbabwe is in Southern Africa, between South Africa and Zambia.

Country Climate: Tropical; moderated by altitude; rainy season (November to March).

Country Terrain: Mostly high plateau with higher central plateau (high veld); mountains in east.

Major Languages: English (official), Shona, Sindebele.

Major Religions: Christianity, indigenous beliefs.

Country Population: 11.7 million (2008 est.) 11.7 million (2009 est.).

Country Economy: The economy of Zimbabwe has reserves of metallurgical-grade chromite and commercial mineral deposits include coal, asbestos, copper, nickel, gold, platinum and iron ore. However internal upheaval, population displacement, poverty, 94% unemployment and years of hyperinflation have negatively impacted the economy. The Zimbabwe dollar was abandoned in April 2009 when the US Dollar became legal tender, there is some evidence to suggest that this has helped slow the economic decline somewhat, however extreme hardship persists for majority of citizens.

Currency: US Dollar (USD).

Country Inflation: 156% (2008 est.) 9% (2009 est.).

City: Harare is the capital of Zimbabwe and largest city and its administrative, commercial, and communications centre.

City Economy: Harare is a trade centre for tobacco, maize, cotton, and citrus fruits. Manufactures include textiles, steel, and chemicals, and gold is mined in the area.
Cost of Living: Harare 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. Harare is currently ranked 282 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Zimbabwe, Harare