Ghana vs Norway: Real Effective Exchange Rate
Ghana
67
in 2018
Norway
73.9
in 2024
Ghana rank
103rd
Norway rank
100th
Real Effective Exchange Rate over time
- Ghana
- Norway
How they compare
Norway currently reports 73.9 against 67 in Ghana, a difference of 6.9.
That makes Norway's figure about 1.1 times Ghana's.
The two have swapped places 3 times across 19 shared years of data; in 2000 it was Ghana ahead.
Ghana ranks 103rd and Norway ranks 100th of 107 countries.
Across the 2 decades both report, Ghana averaged higher in 1 and Norway in 1.
Head to head by decade
| Decade | Ghana | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 100.17 | 98.15 | 2.02 | Ghana |
| 2010s | 78.89 | 92.42 | 13.53 | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Ghana or Norway?
- Norway, at 73.9 against 67 in Ghana as of 2024.
- What is the difference in real effective exchange rate between Ghana and Norway?
- 6.9, with Norway ahead.
- How many years of comparable data are there for Ghana and Norway?
- 19 years are reported by both, from 2000 to 2018.
- How do Ghana and Norway rank globally for real effective exchange rate?
- Ghana ranks 103rd and Norway ranks 100th 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.