Brazil vs Japan: Real Effective Exchange Rate

Brazil
61.12
in 2024
Japan
54.84
in 2024
Brazil rank
104th
Japan rank
106th

Real Effective Exchange Rate over time

  • Brazil
  • Japan
050100150199420092024

How they compare

Brazil currently reports 61.12 against 54.84 in Japan, a difference of 6.28.

That makes Brazil's figure about 1.1 times Japan's.

The two have swapped places 11 times across 31 shared years of data; in 1994 it was Japan ahead.

Brazil ranks 104th and Japan ranks 106th of 107 countries.

Japan has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Brazil Japan Difference Ahead
1990s 94.34 116.36 22.02 Japan
2000s 73.13 101.07 27.94 Japan
2010s 82.9 82.95 0.0491 Japan
2020s 58.39 64.28 5.9 Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Brazil or Japan?
Brazil, at 61.12 against 54.84 in Japan as of 2024.
What is the difference in real effective exchange rate between Brazil and Japan?
6.28, with Brazil ahead.
How many years of comparable data are there for Brazil and Japan?
31 years are reported by both, from 1994 to 2024.
How do Brazil and Japan rank globally for real effective exchange rate?
Brazil ranks 104th and Japan ranks 106th of 107 countries.
Where does this data come from?
World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Real Effective Exchange Rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Real Effective Exchange Rate
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 2,839 data points, 1994–2024
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.