Kuwait vs Papua New Guinea: Real Effective Exchange Rate

Kuwait
120.75
in 2024
Papua New Guinea
120.86
in 2018
Kuwait rank
15th
Papua New Guinea rank
14th

Real Effective Exchange Rate over time

  • Kuwait
  • Papua New Guinea
050100150199420092024

How they compare

Papua New Guinea currently reports 120.86 against 120.75 in Kuwait, a difference of 0.11.

The two have swapped places 1 time across 19 shared years of data; in 2000 it was Kuwait ahead.

Kuwait ranks 15th and Papua New Guinea ranks 14th of 107 countries.

Across the 2 decades both report, Kuwait averaged higher in 1 and Papua New Guinea in 1.

Head to head by decade

Decade Kuwait Papua New Guinea Difference Ahead
2000s 97.15 87.84 9.31 Kuwait
2010s 108.21 119.93 11.71 Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Kuwait or Papua New Guinea?
Papua New Guinea, at 120.86 against 120.75 in Kuwait as of 2018.
What is the difference in real effective exchange rate between Kuwait and Papua New Guinea?
0.11, with Papua New Guinea ahead.
How many years of comparable data are there for Kuwait and Papua New Guinea?
19 years are reported by both, from 2000 to 2018.
How do Kuwait and Papua New Guinea rank globally for real effective exchange rate?
Kuwait ranks 15th and Papua New Guinea ranks 14th 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.