Panama vs Taiwan: Real Effective Exchange Rate

Panama
105.73
in 2024
Taiwan
104.6
in 2024
Panama rank
36th
Taiwan rank
39th

Real Effective Exchange Rate over time

  • Panama
  • Taiwan
050100150199420092024

How they compare

Panama currently reports 105.73 against 104.6 in Taiwan, a difference of 1.13.

The two have swapped places 3 times across 30 shared years of data; in 1995 it was Taiwan ahead.

Panama ranks 36th and Taiwan ranks 39th of 107 countries.

Across the 4 decades both report, Panama averaged higher in 1 and Taiwan in 3.

Head to head by decade

Decade Panama Taiwan Difference Ahead
1990s 111.84 132.62 20.78 Taiwan
2000s 100.27 115.05 14.78 Taiwan
2010s 107.77 101.15 6.62 Panama
2020s 98.93 106.8 7.87 Taiwan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Panama or Taiwan?
Panama, at 105.73 against 104.6 in Taiwan as of 2024.
What is the difference in real effective exchange rate between Panama and Taiwan?
1.13, with Panama ahead.
How many years of comparable data are there for Panama and Taiwan?
30 years are reported by both, from 1995 to 2024.
How do Panama and Taiwan rank globally for real effective exchange rate?
Panama ranks 36th and Taiwan ranks 39th 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.