Thursday, July 29, 2010

Gabon, Libreville - Cost of Living

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.

Libreville is the capital and largest city of Gabon. 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.

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.

The latest cost of living rank for each of the 13 Basket Groups is now available.

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