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. The climate is generally hot and humid with a monsoonal-type rainy season (June to November) and a dry season (December to May). 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 and 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. Guineans are proud and can be sensitive when dealing with Expatriates. Business culture has a French and Muslim influence. Expatriate business dress is formal and conservative. 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 currency of Guinea is the Guinea Franc (GNF). Credit cards are not widely accepted. ATM facilities are available, but not all international cards are accepted. Medical facilities are poor. Serious or complex medical treatment requires evacuation which can be expensive. Ebola has been reported. Cholera and malaria are also present. The population of Conakry is 1.7 Million (2019 est.), while the inflation rate (CPI) is 9.7% for Guinea as at March 2019. Xpatulator Hypothetical Tax for Guinea is based on the current personal income tax rates which are progressive up to 40%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Conakry, 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): Conakry as at 1 July 2019 is very high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: High 2) Clothing: Very Low 3) Communication: Low 4) Education: Average 5) Furniture & Appliances: Very High 6) Groceries: Very High 7) Healthcare: Low 8) Household Accommodation: High 9) Miscellaneous: High 10) Personal Care: Low 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: Average 13) Transport: Very Low Conakry is for example 104.6% more expensive than Houston TX for groceries, 35.9% more expensive for household costs than Kuala Lumpur, and 3% more expensive for transport costs than Dubai. The hardship premium for Conakry for an expat from Perth, is for example 30%, i.e. host location (Conakry) premium of 40% minus home (Perth) location premium of 10%. Conakry is ranked as a extreme hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Conakry? Register subscribe to your home location and Conakry and run your personalised reports.