Gabon is in Western Africa, bordering the Atlantic Ocean at the Equator, between Republic of the Congo and Equatorial Guinea. The climate is tropical. It is always hot and humid. The official language is French. A basic understanding of French will be appreciated as very few people speak English. The main religion is Christianity. 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. In Gabon, French culture largely defines the way business is conducted. Business culture is usually formal, hierarchical and can be relatively chauvinistic. Expatriates are expected to use formal, courteous language during meetings. Expatriate business dress is usually formal, although light, tropical suits are advised because of the climate. Expatriate women should dress conservatively to avoid unwanted attention. The security risk for expatriates in Gabon is low. Risks include petty crime as well as some armed crime. The currency of Gabon is the CFA Franc BEAC (XAF). Credit cards are not widely accepted, except at hotels. Be careful withdrawing cash from ATMs. Medical facilities are limited, particularly in rural areas. Serious or complex medical treatment may require evacuation which can be expensive. There is a high prevalence of HIV. The population of Gabon is 2 Million (2019 est.), while the inflation rate (CPI) is 1.9% for Gabon as at May 2019. Xpatulator Hypothetical Tax for Gabon is based on the current personal income tax rates which are progressive up to 35%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Gabon, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Gabon as at 1 July 2019 is high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Very Low 2) Clothing: High 3) Communication: Very High 4) Education: Very High 5) Furniture & Appliances: Very High 6) Groceries: High 7) Healthcare: Low 8) Household Accommodation: Average 9) Miscellaneous: High 10) Personal Care: Very Low 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: Average 13) Transport: Low Gabon is for example 9.1% more expensive than USA for groceries, -1.3% cheaper for household costs than UK, and 88.9% more expensive for transport costs than India. The hardship premium for Gabon for an expat from Australia, is for example 30%, i.e. host location (Gabon) premium of 40% minus home (Australia) location premium of 10%. Gabon is ranked as a extreme hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Gabon? Register subscribe to your home location and Gabon and run your personalised reports.