Real effective exchange rate index (2010 = 100) in Ghana
Ghana: Real effective exchange rate index (2010 = 100) was 86.18 2010 = 100 in 2025. ◆ Volatile
Real effective exchange rate index in Ghana, 1980–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.
Analysis
The most recent figure for real effective exchange rate index in Ghana is 86.18 2010 = 100, measured in 2025.
Compared with earlier readings it is up 27.1% on the previous year and up 32.5% over ten years.
Over the whole period, real effective exchange rate index in Ghana peaked at 3,053 2010 = 100 in 1983 and was at its lowest, 65.04 2010 = 100, in 2015.
Ghana ranks 82nd of 95 countries on this measure, 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 (2010 = 100) in Ghana, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1980 | 664.7 2010 = 100 | — |
| 1981 | 1,482 2010 = 100 | +123.0% |
| 1982 | 1,851 2010 = 100 | +24.9% |
| 1983 | 3,053 2010 = 100 | +65.0% |
| 1984 | 483.55 2010 = 100 | -84.2% |
| 1985 | 351.54 2010 = 100 | -27.3% |
| 1986 | 222.78 2010 = 100 | -36.6% |
| 1987 | 165.26 2010 = 100 | -25.8% |
| 1988 | 151.81 2010 = 100 | -8.1% |
| 1989 | 142.01 2010 = 100 | -6.4% |
| 1990 | 141.73 2010 = 100 | -0.2% |
| 1991 | 144.07 2010 = 100 | +1.6% |
| 1992 | 127.03 2010 = 100 | -11.8% |
| 1993 | 110.83 2010 = 100 | -12.8% |
| 1994 | 89.73 2010 = 100 | -19.0% |
| 1995 | 103.97 2010 = 100 | +15.9% |
| 1996 | 112.64 2010 = 100 | +8.3% |
| 1997 | 120.23 2010 = 100 | +6.7% |
| 1998 | 128.42 2010 = 100 | +6.8% |
| 1999 | 117.83 2010 = 100 | -8.2% |
| 2000 | 86.01 2010 = 100 | -27.0% |
| 2001 | 93.34 2010 = 100 | +8.5% |
| 2002 | 88.55 2010 = 100 | -5.1% |
| 2003 | 91.02 2010 = 100 | +2.8% |
| 2004 | 94.15 2010 = 100 | +3.4% |
| 2005 | 103.55 2010 = 100 | +10.0% |
| 2006 | 110.02 2010 = 100 | +6.2% |
| 2007 | 109.37 2010 = 100 | -0.6% |
| 2008 | 104.31 2010 = 100 | -4.6% |
| 2009 | 94.75 2010 = 100 | -9.2% |
| 2010 | 100 2010 = 100 | +5.5% |
| 2011 | 93.67 2010 = 100 | -6.3% |
| 2012 | 84.33 2010 = 100 | -10.0% |
| 2013 | 84.4 2010 = 100 | +0.1% |
| 2014 | 66.25 2010 = 100 | -21.5% |
| 2015 | 65.04 2010 = 100 | -1.8% |
| 2016 | 74.64 2010 = 100 | +14.8% |
| 2017 | 74.14 2010 = 100 | -0.7% |
| 2018 | 74.44 2010 = 100 | +0.4% |
| 2019 | 72.4 2010 = 100 | -2.7% |
| 2020 | 73.53 2010 = 100 | +1.6% |
| 2021 | 73.19 2010 = 100 | -0.5% |
| 2022 | 70.55 2010 = 100 | -3.6% |
| 2023 | 71.23 2010 = 100 | +1.0% |
| 2024 | 67.81 2010 = 100 | -4.8% |
| 2025 | 86.18 2010 = 100 | +27.1% |
Ghana compared with similar countries
- Ghana's 86.18 2010 = 100 is below the median for lower middle income countries, which is 102.62 2010 = 100, 84% of the median. (15 countries reporting)
- Ghana's 86.18 2010 = 100 is below the median for Sub-Saharan Africa, which is 104.48 2010 = 100, 82% of the median. (17 countries reporting)
Biggest year-on-year movements
Years where Real effective exchange rate index (2010 = 100) in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +123.0% | 664.7 2010 = 100 | 1,482 2010 = 100 |
| 1984 | -84.2% | 3,053 2010 = 100 | 483.55 2010 = 100 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 856.79 2010 = 100 | 142.01 2010 = 100 | 3,053 2010 = 100 | 10 |
| 1990s | 119.65 2010 = 100 | 89.73 2010 = 100 | 144.07 2010 = 100 | 10 |
| 2000s | 97.51 2010 = 100 | 86.01 2010 = 100 | 110.02 2010 = 100 | 10 |
| 2010s | 78.93 2010 = 100 | 65.04 2010 = 100 | 100 2010 = 100 | 10 |
| 2020s | 73.75 2010 = 100 | 67.81 2010 = 100 | 86.18 2010 = 100 | 6 |
Countries ranked near Ghana
More financial sector data for Ghana
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.61 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.61 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate index in Ghana?
- Real effective exchange rate index in Ghana was 86.18 2010 = 100 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real effective exchange rate index recorded in Ghana?
- The highest recorded value was 3,053 2010 = 100 in 1983.
- What is the lowest real effective exchange rate index recorded in Ghana?
- The lowest recorded value was 65.04 2010 = 100 in 2015.
- How does Ghana rank for real effective exchange rate index?
- Ghana ranks 82nd out of 95 countries with data for 2025.
- Is real effective exchange rate index 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 Financial Statistics database, International Monetary Fund (IMF), published as part of Real effective exchange rate index (2010 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is an index series where 2010=100.