Ghana vs Morocco: Real effective exchange rate index

Ghana
92.73 line rec, 2005 = 100
in 2011
Morocco
95.75 line rec, 2005 = 100
in 2011
Ghana rank
19th
Morocco rank
17th

Real effective exchange rate index over time

  • Ghana
  • Morocco
01.0k2.0k3.0k4.0k198019952011

How they compare

Morocco currently reports 95.75 line rec, 2005 = 100 against 92.73 line rec, 2005 = 100 in Ghana, a difference of 3.02 line rec, 2005 = 100.

The two have swapped places 5 times across 32 shared years of data; in 1980 it was Ghana ahead.

Ghana ranks 19th and Morocco ranks 17th of 20 countries.

Across the 4 decades both report, Ghana averaged higher in 2 and Morocco in 2.

Head to head by decade

Decade Ghana Morocco Difference Ahead
1980s 980.28 line rec, 2005 = 100 114.09 line rec, 2005 = 100 866.19 line rec, 2005 = 100 Ghana
1990s 134.24 line rec, 2005 = 100 101.59 line rec, 2005 = 100 32.65 line rec, 2005 = 100 Ghana
2000s 96.26 line rec, 2005 = 100 102.94 line rec, 2005 = 100 6.68 line rec, 2005 = 100 Morocco
2010s 95.18 line rec, 2005 = 100 96.87 line rec, 2005 = 100 1.69 line rec, 2005 = 100 Morocco

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate index, Ghana or Morocco?
Morocco, at 95.75 line rec, 2005 = 100 against 92.73 line rec, 2005 = 100 in Ghana as of 2011.
What is the difference in real effective exchange rate index between Ghana and Morocco?
3.02 line rec, 2005 = 100, with Morocco ahead.
How many years of comparable data are there for Ghana and Morocco?
32 years are reported by both, from 1980 to 2011.
How do Ghana and Morocco rank globally for real effective exchange rate index?
Ghana ranks 19th and Morocco ranks 17th of 20 countries.
Where does this data come from?
International Monetary Fund, International Financial Statistics, published as Real effective exchange rate index (line rec, 2005 = 100). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Morocco: Real effective exchange rate index. Statizoid, drawing on International Monetary Fund, International Financial Statistics. Retrieved 31 August 2026, from https://economy.statizoid.com/compare/real-effective-exchange-rate-index-line-rec-2005-100/ghana/morocco/

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About this data

Indicator
Real effective exchange rate index (line rec, 2005 = 100)
Unit
line rec, 2005 = 100
Source
International Monetary Fund, International Financial Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
26 places, 872 data points, 1975–2011
Last refreshed

Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs. This indicator corresponds to the IFS's line rec, and is based on a nominal rate adjusted for relative changes in consumer prices.