Real effective exchange rate (REER), Index (2010=100) Adjusted by in Ghana
Ghana: Real effective exchange rate (REER), Index (2010=100) Adjusted by was 86.18 in 2025. ◆ Volatile
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Ghana, 1980–2025
Source: International Monetary Fund.
Analysis
Ghana recorded 86.18 for real effective exchange rate (reer), index (2010=100) adjusted by in 2025.
The figure is up 27.1% on the previous year and up 32.5% over ten years.
Over the whole period, real effective exchange rate (reer), index (2010=100) adjusted by in Ghana peaked at 3,053 in 1983 and was at its lowest, 65.04, in 2015.
That places Ghana 81st out of 93 countries with data for 2025, 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 (REER), Index (2010=100) Adjusted by in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 664.7 | — |
| 1981 | 1,482 | +123.0% |
| 1982 | 1,851 | +24.9% |
| 1983 | 3,053 | +65.0% |
| 1984 | 483.55 | -84.2% |
| 1985 | 351.54 | -27.3% |
| 1986 | 222.78 | -36.6% |
| 1987 | 165.26 | -25.8% |
| 1988 | 151.81 | -8.1% |
| 1989 | 142.01 | -6.4% |
| 1990 | 141.73 | -0.2% |
| 1991 | 144.07 | +1.6% |
| 1992 | 127.03 | -11.8% |
| 1993 | 110.83 | -12.8% |
| 1994 | 89.73 | -19.0% |
| 1995 | 103.97 | +15.9% |
| 1996 | 112.64 | +8.3% |
| 1997 | 120.23 | +6.7% |
| 1998 | 128.42 | +6.8% |
| 1999 | 117.83 | -8.2% |
| 2000 | 86.01 | -27.0% |
| 2001 | 93.34 | +8.5% |
| 2002 | 88.55 | -5.1% |
| 2003 | 91.02 | +2.8% |
| 2004 | 94.15 | +3.4% |
| 2005 | 103.55 | +10.0% |
| 2006 | 110.02 | +6.2% |
| 2007 | 109.37 | -0.6% |
| 2008 | 104.31 | -4.6% |
| 2009 | 94.75 | -9.2% |
| 2010 | 100 | +5.5% |
| 2011 | 93.67 | -6.3% |
| 2012 | 84.33 | -10.0% |
| 2013 | 84.4 | +0.1% |
| 2014 | 66.25 | -21.5% |
| 2015 | 65.04 | -1.8% |
| 2016 | 74.64 | +14.8% |
| 2017 | 74.14 | -0.7% |
| 2018 | 74.44 | +0.4% |
| 2019 | 72.4 | -2.7% |
| 2020 | 73.53 | +1.6% |
| 2021 | 73.19 | -0.5% |
| 2022 | 70.55 | -3.6% |
| 2023 | 71.23 | +1.0% |
| 2024 | 67.81 | -4.8% |
| 2025 | 86.18 | +27.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 856.79 | 142.01 | 3,053 | 10 |
| 1990s | 119.65 | 89.73 | 144.07 | 10 |
| 2000s | 97.51 | 86.01 | 110.02 | 10 |
| 2010s | 78.93 | 65.04 | 100 | 10 |
| 2020s | 73.75 | 67.81 | 86.18 | 6 |
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)
- Manufacturing, value added (constant LCU), per capita 649.98 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 37.37 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2925 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 952.81 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 21.47 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 3.67 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 11,964 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.3 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate (reer), index (2010=100) adjusted by in Ghana?
- Real effective exchange rate (reer), index (2010=100) adjusted by in Ghana was 86.18 in 2025, according to International Monetary Fund.
- What is the highest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Ghana?
- The highest recorded value was 3,053 in 1983.
- What is the lowest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Ghana?
- The lowest recorded value was 65.04 in 2015.
- How does Ghana rank for real effective exchange rate (reer), index (2010=100) adjusted by?
- Ghana ranks 81st out of 93 countries with data for 2025.
- Is real effective exchange rate (reer), index (2010=100) adjusted by rising or falling in Ghana?
- Over the last ten years it is up 32.5%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Real effective exchange rate (REER), Index (2010=100) Adjusted by relative consumer prices. Statizoid updates them automatically from the source API.
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About this data
The Effective Exchange Rate (EER) dataset includes annual, quarterly and monthly nominal and real effective exchange rates by economy. Nominal effective exchange rates (NEERs) measure the value of a country's currency in relation to a weighted average of the currency values of their major trading partners. Real effective exchange rates (REERs) adjust the NEER to account for a country's inflation rate in relation to the weighted inflation rate of their major trading partners. The IMF publishes NEERs and REERs for approximately 90 IMF member countries that account for the vast share of global international trade. These statistics help policymakers and analysts assess the competitiveness of a country's exports, monitor currency trends, evaluate the impact of exchange rate changes on trade flows, and inform decisions regarding monetary policy, exchange rate management, and international trade. The EERs are calculated by IMF staff using exchange rate information, consumer price indexes received from national authorities and international trade weights. These weights are calculated as three-year averages of annual data available from official sources on trade, tourism and manufacturing collected from the United Nations (UN), Organization for Economic Co-operation and Development (OECD), World Bank, World Tourism Organization (UNWTO), United Nations Industrial Development Organization (UNIDO).