Japan vs Turkey: Real Effective Exchange Rate
Japan
54.84
in 2024
Turkey
51.58
in 2024
Japan rank
106th
Turkey rank
107th
Real Effective Exchange Rate over time
- Japan
- Turkey
How they compare
Japan currently reports 54.84 against 51.58 in Turkey, a difference of 3.26.
That makes Japan's figure about 1.1 times Turkey's.
The two have swapped places 6 times across 31 shared years of data; in 1994 it was Japan ahead.
Japan ranks 106th and Turkey ranks 107th of 107 countries.
Japan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Japan | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 116.36 | 64.43 | 51.93 | Japan |
| 2000s | 101.07 | 85.22 | 15.85 | Japan |
| 2010s | 82.95 | 81.86 | 1.09 | Japan |
| 2020s | 64.28 | 49.7 | 14.58 | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Japan or Turkey?
- Japan, at 54.84 against 51.58 in Turkey as of 2024.
- What is the difference in real effective exchange rate between Japan and Turkey?
- 3.26, with Japan ahead.
- How many years of comparable data are there for Japan and Turkey?
- 31 years are reported by both, from 1994 to 2024.
- How do Japan and Turkey rank globally for real effective exchange rate?
- Japan ranks 106th and Turkey ranks 107th 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.