Ecuador vs Philippines: Real Effective Exchange Rate

Ecuador
113.55
in 2024
Philippines
117.37
in 2024
Ecuador rank
23rd
Philippines rank
20th

Real Effective Exchange Rate over time

  • Ecuador
  • Philippines
0255075100125199420092024

How they compare

Philippines currently reports 117.37 against 113.55 in Ecuador, a difference of 3.82.

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

Ecuador ranks 23rd and Philippines ranks 20th of 107 countries.

Across the 4 decades both report, Ecuador averaged higher in 3 and Philippines in 1.

Head to head by decade

Decade Ecuador Philippines Difference Ahead
1990s 100.21 105.11 4.9 Philippines
2000s 101.64 87.56 14.08 Ecuador
2010s 109.18 105.87 3.31 Ecuador
2020s 114.82 114.61 0.2114 Ecuador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Ecuador or Philippines?
Philippines, at 117.37 against 113.55 in Ecuador as of 2024.
What is the difference in real effective exchange rate between Ecuador and Philippines?
3.82, with Philippines ahead.
How many years of comparable data are there for Ecuador and Philippines?
31 years are reported by both, from 1994 to 2024.
How do Ecuador and Philippines rank globally for real effective exchange rate?
Ecuador ranks 23rd 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.

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Ecuador vs Philippines: Real Effective Exchange Rate. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 25 September 2026, from https://reference.statizoid.com/compare/real-effective-exchange-rate/ecuador/philippines/

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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.