Real Effective Exchange Rate in Gambia
Gambia: Real Effective Exchange Rate was 89.11 in 2018. ▼ Falling
Real Effective Exchange Rate in Gambia, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2018, real effective exchange rate in Gambia stood at 89.11.
Compared with earlier readings it is down 1.4% on the previous year and down 21.7% over ten years.
Over the whole period, real effective exchange rate in Gambia peaked at 183.29 in 2000 and was at its lowest, 73.36, in 2015.
That places Gambia 87th out of 107 countries with data for 2018, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Real Effective Exchange Rate in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 183.29 | — |
| 2001 | 158.5 | -13.5% |
| 2002 | 131.44 | -17.1% |
| 2003 | 95.18 | -27.6% |
| 2004 | 93.81 | -1.4% |
| 2005 | 99.7 | +6.3% |
| 2006 | 99.22 | -0.5% |
| 2007 | 107.58 | +8.4% |
| 2008 | 113.76 | +5.7% |
| 2009 | 102.81 | -9.6% |
| 2010 | 100 | -2.7% |
| 2011 | 92.49 | -7.5% |
| 2012 | 89.01 | -3.8% |
| 2013 | 81.62 | -8.3% |
| 2014 | 73.81 | -9.6% |
| 2015 | 73.36 | -0.6% |
| 2016 | 88.95 | +21.3% |
| 2017 | 90.42 | +1.7% |
| 2018 | 89.11 | -1.4% |
Gambia compared with similar countries
- Gambia's 89.11 is below the median for low income countries, which is 101.72, 88% of the median. (7 countries reporting)
- Gambia's 89.11 is below the median for Sub-Saharan Africa, which is 96.24, 93% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 118.53 | 93.81 | 183.29 | 10 |
| 2010s | 86.53 | 73.36 | 100 | 9 |
Countries ranked near Gambia
More reference data data for Gambia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0121 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2798 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3524 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3524 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0407 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.36 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.72 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1264 (2050)
Frequently asked questions
- What is real effective exchange rate in Gambia?
- Real effective exchange rate in Gambia was 89.11 in 2018, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest real effective exchange rate recorded in Gambia?
- The highest recorded value was 183.29 in 2000.
- What is the lowest real effective exchange rate recorded in Gambia?
- The lowest recorded value was 73.36 in 2015.
- How does Gambia rank for real effective exchange rate?
- Gambia ranks 87th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Gambia?
- Over the last ten years it is down 21.7%. The long-run trend across the full record is falling.
- Where does this Gambia data come from?
- The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Real Effective Exchange Rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.