Algiers is the capital and largest city of Algeria, and the second largest city in the Maghreb (after Casablanca). Algiers is an important economic, commercial and financial centre, with in particular a stock exchange with a capitalisation of 60 billion euros. The port of Algiers is also the most important of North Africa. . Algeria is in Northern Africa, bordering the Mediterranean Sea, between Morocco and Tunisia. Arid to semiarid; mild, wet winters with hot, dry summers along coast; drier with cold winters and hot summers on high plateau; sirocco is a hot, dust/sand-laden wind especially common in summer. Mostly high plateau and desert; some mountains; narrow, discontinuous coastal plain. The official language is Arabic. Business and administration are conducted in French. The Berber dialect Tamazight, which has the status of a ‘national language' is spoken in the Kabylie region and in parts of Algiers. The main religion is Islam. The economy of Algeria is largely reliant on significant exports of petroleum and natural gas. The reserves are mostly in the Eastern Sahara; the Algerian government curbed the exports in the 1980s to slow depletion; exports increased again somewhat in the 1990s. Algeria trades most extensively with France and Italy, in terms of both imports and exports, but also trades with the United States and Spain. The population in Algiers is 5 Mil (2014 est.), while the inflation rate is 1.71% (2014 est.).
Cost Of Living
The cost of living for expatriates in Algiers as at 1 July 2014 is very low in comparison to other places in the world. In Algiers, the cost of each basket, based on local prices, compared to the international average in USD, is categorized follows: 1) Alcohol (where available) & Tobacco: Average 2) Clothing: Low 3) Communication: Very Low 4) Education: Very Low 5) Furniture & Appliances: Low 6) Groceries: Very Low 7) Healthcare: High 8) Household Accommodation: High 9) Miscellaneous: High 10) Personal Care: Very High 11) Recreation & Culture: Very Low 12) Restaurants Meals Out and Hotels: Very Low 13) Transport: Very Low Algiers is for example -25.7% cheaper than Montevideo for groceries, 11.9% more expensive for household costs than Durban, and -55.9% cheaper for transport costs than Athens. Algiers is ranked as a extreme hardship location. Hardship (also know as quality of living) refers to the degree of hardship an expatriate and their family are likely to experience in the host location. Hardship pay is compensation to encourage people to move, in particular to less desirable locations. In determining the amount of hardship premium payable, factors such as economic, political, religious, infrastructure, environment/climate, personal safety, health, education, and transportation factors are considered. The hardship premium for Algiers for an expat from Zurich is for example 30%, i.e. host location (Algiers) premium of 40% minus home (Zurich) location premium of 10%. Xpatulator.com has been created to assist subscribers calculate expatriate pay using the online calculators and extensive database of cost of living and hardship indexes, for 780 international locations. Want to know more about cost of living, hardship or expat pay in Algiers? Register subscribe to your home location and Algiers and run your personalised reports.