Costa Rica vs Panama: Real Effective Exchange Rate

Costa Rica
105.74
in 2018
Panama
105.73
in 2024
Costa Rica rank
35th
Panama rank
36th

Real Effective Exchange Rate over time

  • Costa Rica
  • Panama
0255075100125199520092024

How they compare

Costa Rica currently reports 105.74 against 105.73 in Panama, a difference of 0.01.

The two have swapped places 4 times across 19 shared years of data; in 2000 it was Panama ahead.

Costa Rica ranks 35th and Panama ranks 36th of 107 countries.

Panama has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Costa Rica Panama Difference Ahead
2000s 88.99 100.27 11.29 Panama
2010s 107.5 108.96 1.46 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Costa Rica or Panama?
Costa Rica, at 105.74 against 105.73 in Panama as of 2018.
What is the difference in real effective exchange rate between Costa Rica and Panama?
0.01, with Costa Rica ahead.
How many years of comparable data are there for Costa Rica and Panama?
19 years are reported by both, from 2000 to 2018.
How do Costa Rica and Panama rank globally for real effective exchange rate?
Costa Rica ranks 35th and Panama ranks 36th 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.