Luanda is the capital and largest city of Angola. Located on Angola's coast with the Atlantic Ocean, Luanda is both Angola's chief seaport and administrative centre. It is also the capital city of Luanda Province. The city is currently undergoing a major reconstruction, with many large developments taking place that will alter the cityscape significantly. Around one-third of Angolans live in Luanda, 57% of whom live in poverty. Living conditions in Luanda are extremely poor, with essential services such as safe drinking water still in short supply. Angola is in Southern Africa, bordering the South Atlantic Ocean, between Namibia and Democratic Republic of the Congo. Semiarid in south and along coast to Luanda; north has cool, dry season (May to October) and hot, rainy season (November to April). Narrow coastal plain rises abruptly to vast interior plateau. Portuguese is the language of the former colonial power and predominates in Luanda's business circles. English is increasingly spoken in commercial circles, as is French. The main religion is Christianity. The economy of Angola is one of the fastest-growing economies in the world, but is still recovering from the Angolan Civil War that plagued Angola from independence in 1975 until 2002. Despite extensive oil and gas resources, diamonds, hydroelectric potential, and rich agricultural land, Angola remains poor, and a third of the population relies on subsistence agriculture. The population in Luanda is 4.8 Mil (2014 est.), while the inflation rate is 6.95% (2014 est.).
Cost Of Living
The cost of living for expatriates in Luanda as at 1 July 2014 is very high in comparison to other places in the world. In Luanda, the cost of each basket, based on local prices, compared to the international average in USD, is categorized follows: 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: Very High 3) Communication: Very High 4) Education: Very High 5) Furniture & Appliances: Very High 6) Groceries: Very High 7) Healthcare: Very High 8) Household Accommodation: Very High 9) Miscellaneous: High 10) Personal Care: Very High 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: Very High 13) Transport: Average Luanda is for example 124.2% more expensive than Montevideo for groceries, 146.1% more expensive for household costs than Durban, and 0.7% more expensive for transport costs than Athens. Luanda 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 Luanda for an expat from Zurich is for example 30%, i.e. host location (Luanda) 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 Luanda? Register subscribe to your home location and Luanda and run your personalised reports.