China vs Philippines: Real Effective Exchange Rate
China
114.33
in 2024
Philippines
117.37
in 2024
China rank
22nd
Philippines rank
20th
Real Effective Exchange Rate over time
- China
- Philippines
How they compare
Philippines currently reports 117.37 against 114.33 in China, a difference of 3.04.
The two have swapped places 6 times across 31 shared years of data; in 1994 it was Philippines ahead.
China ranks 22nd and Philippines ranks 20th of 107 countries.
Across the 4 decades both report, China averaged higher in 3 and Philippines in 1.
Head to head by decade
| Decade | China | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 84.52 | 105.11 | 20.59 | Philippines |
| 2000s | 92.34 | 87.56 | 4.78 | China |
| 2010s | 115.32 | 105.87 | 9.44 | China |
| 2020s | 121.15 | 114.61 | 6.54 | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, China or Philippines?
- Philippines, at 117.37 against 114.33 in China as of 2024.
- What is the difference in real effective exchange rate between China and Philippines?
- 3.04, with Philippines ahead.
- How many years of comparable data are there for China and Philippines?
- 31 years are reported by both, from 1994 to 2024.
- How do China and Philippines rank globally for real effective exchange rate?
- China ranks 22nd and Philippines ranks 20th 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
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.