Real effective exchange rate index in Ghana
Ghana: Real effective exchange rate index was 92.73 line rec, 2005 = 100 in 2011. ◆ Volatile
Real effective exchange rate index in Ghana, 1980–2011
Source: International Monetary Fund, International Financial Statistics. Measured in line rec, 2005 = 100.
Analysis
Ghana recorded 92.73 line rec, 2005 = 100 for real effective exchange rate index in 2011.
That represents a change of down 5.0% on the previous year and down 0.2% over ten years.
Over the whole period, real effective exchange rate index in Ghana peaked at 3,579 line rec, 2005 = 100 in 1983 and was at its lowest, 91.49 line rec, 2005 = 100, in 2004.
That places Ghana 19th out of 20 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Real effective exchange rate index in Ghana, year by year
| Year | line rec, 2005 = 100 | Change |
|---|---|---|
| 1980 | 750.55 line rec, 2005 = 100 | — |
| 1981 | 1,669 line rec, 2005 = 100 | +122.4% |
| 1982 | 2,092 line rec, 2005 = 100 | +25.3% |
| 1983 | 3,579 line rec, 2005 = 100 | +71.1% |
| 1984 | 545.98 line rec, 2005 = 100 | -84.7% |
| 1985 | 397.58 line rec, 2005 = 100 | -27.2% |
| 1986 | 251.51 line rec, 2005 = 100 | -36.7% |
| 1987 | 188.29 line rec, 2005 = 100 | -25.1% |
| 1988 | 169.76 line rec, 2005 = 100 | -9.8% |
| 1989 | 158.57 line rec, 2005 = 100 | -6.6% |
| 1990 | 157.5 line rec, 2005 = 100 | -0.7% |
| 1991 | 160.78 line rec, 2005 = 100 | +2.1% |
| 1992 | 141.83 line rec, 2005 = 100 | -11.8% |
| 1993 | 123.92 line rec, 2005 = 100 | -12.6% |
| 1994 | 100.38 line rec, 2005 = 100 | -19.0% |
| 1995 | 115.96 line rec, 2005 = 100 | +15.5% |
| 1996 | 125.99 line rec, 2005 = 100 | +8.7% |
| 1997 | 133.3 line rec, 2005 = 100 | +5.8% |
| 1998 | 142.26 line rec, 2005 = 100 | +6.7% |
| 1999 | 140.5 line rec, 2005 = 100 | -1.2% |
| 2000 | 91.94 line rec, 2005 = 100 | -34.6% |
| 2001 | 92.95 line rec, 2005 = 100 | +1.1% |
| 2002 | 92.56 line rec, 2005 = 100 | -0.4% |
| 2003 | 92.79 line rec, 2005 = 100 | +0.3% |
| 2004 | 91.49 line rec, 2005 = 100 | -1.4% |
| 2005 | 100 line rec, 2005 = 100 | +9.3% |
| 2006 | 105.25 line rec, 2005 = 100 | +5.3% |
| 2007 | 104.54 line rec, 2005 = 100 | -0.7% |
| 2008 | 99.51 line rec, 2005 = 100 | -4.8% |
| 2009 | 91.56 line rec, 2005 = 100 | -8.0% |
| 2010 | 97.63 line rec, 2005 = 100 | +6.6% |
| 2011 | 92.73 line rec, 2005 = 100 | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 980.28 line rec, 2005 = 100 | 158.57 line rec, 2005 = 100 | 3,579 line rec, 2005 = 100 | 10 |
| 1990s | 134.24 line rec, 2005 = 100 | 100.38 line rec, 2005 = 100 | 160.78 line rec, 2005 = 100 | 10 |
| 2000s | 96.26 line rec, 2005 = 100 | 91.49 line rec, 2005 = 100 | 105.25 line rec, 2005 = 100 | 10 |
| 2010s | 95.18 line rec, 2005 = 100 | 92.73 line rec, 2005 = 100 | 97.63 line rec, 2005 = 100 | 2 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 21.22 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 11.73 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 38,201 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6389 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,081 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.75 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is real effective exchange rate index in Ghana?
- Real effective exchange rate index in Ghana was 92.73 line rec, 2005 = 100 in 2011, according to International Monetary Fund, International Financial Statistics.
- What is the highest real effective exchange rate index recorded in Ghana?
- The highest recorded value was 3,579 line rec, 2005 = 100 in 1983.
- What is the lowest real effective exchange rate index recorded in Ghana?
- The lowest recorded value was 91.49 line rec, 2005 = 100 in 2004.
- How does Ghana rank for real effective exchange rate index?
- Ghana ranks 19th out of 20 countries with data for 2011.
- Is real effective exchange rate index rising or falling in Ghana?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, International Financial Statistics, published as part of Real effective exchange rate index (line rec, 2005 = 100). Statizoid updates them automatically from the source API.
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About this data
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.