Sunday, January 16, 2011

Ghana, Accra - Cost of Living

The economy of Ghana, West Africa has a diverse and rich resource base, and as such, has one of the highest GDP per capita in Africa. Ghana remains somewhat dependent on international financial and technical assistance as well as the activities of the extensive Ghanaian diaspora. Gold, timber, cocoa, diamond, bauxite, and manganese exports are major sources of foreign exchange.

Accra is the capital and most populous city of Ghana. Accra is the administrative, communications, and economic centre of the country. Over 70% of Ghana's manufacturing capacity is located within the Accra region.

Accra has an overall cost of living index which equates it with middle 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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