Conakry is the capital and largest city of Guinea. Conakry is a port city on the Atlantic Ocean and serves as the economic, financial and cultural centre of Guinea. Conakry is Guinea's largest city and its administrative, communications, and economic centre. The city's economy revolves largely around the port, which has modern facilities for handling and storing cargo, through which alumina and bananas are shipped. Guinea is in Western Africa, bordering the North Atlantic Ocean, between Guinea-Bissau and Sierra Leone. Generally hot and humid; monsoonal-type rainy season (June to November) with south-westerly winds; dry season (December to May) with north-easterly winds. Generally flat coastal plain, hilly to mountainous interior. The official language is French. Malinké (also called Mandika in other parts of West Africa) and Pulaar are also widely spoken. Very few Guineans speak English, though most will understand basic words. The main religions are Islam, Christianity, indigenous beliefs. The economy of Guinea has abundant natural resources including 25% or more of the world's known bauxite reserves. Guinea also has diamonds, gold, and other metals. The security risk for expatriates in Guinea is medium. Risks include petty theft, corruption, security forces, protests, and conflicts between communities. Other risks include those associated with the poor infrastructure and driving standards. The population in Conakry is 1.9 Mil (2014 est.), while the inflation rate is 13% (2014 est.).
Cost Of Living
The cost of living for expatriates in Conakry as at 1 April 2015 is high in comparison to other places in the world. In Conakry, the cost of each basket, based on local prices, compared to the international average in USD, is categorized follows: 1) Alcohol (where available) & Tobacco: High 2) Clothing: Very Low 3) Communication: High 4) Education: Average 5) Furniture & Appliances: Very High 6) Groceries: Very High 7) Healthcare: Low 8) Household Accommodation: Very High 9) Miscellaneous: Very High 10) Personal Care: Very Low 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: Average 13) Transport: Very Low Conakry is for example 37.7% more expensive than Montevideo for groceries, 31.3% more expensive for household costs than Durban, and -30% cheaper for transport costs than Athens. Conakry 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 Conakry for an expat from Zurich is for example 30%, i.e. host location (Conakry) 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 Conakry? Register subscribe to your home location and Conakry and run your personalised reports.