Real Effective Exchange Rate in Papua New Guinea
Papua New Guinea: Real Effective Exchange Rate was 120.86 in 2018. ▲ Rising
Real Effective Exchange Rate in Papua New Guinea, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Papua New Guinea recorded 120.86 for real effective exchange rate in 2018.
The figure is down 1.2% on the previous year and up 27.4% over ten years.
Over the whole period, real effective exchange rate in Papua New Guinea peaked at 128.26 in 2012 and was at its lowest, 76.77, in 2002.
Papua New Guinea ranks 14th of 107 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Real Effective Exchange Rate in Papua New Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 87.85 | — |
| 2001 | 82.18 | -6.5% |
| 2002 | 76.77 | -6.6% |
| 2003 | 85.08 | +10.8% |
| 2004 | 87.89 | +3.3% |
| 2005 | 88.58 | +0.8% |
| 2006 | 88.87 | +0.3% |
| 2007 | 84.26 | -5.2% |
| 2008 | 94.83 | +12.5% |
| 2009 | 102.05 | +7.6% |
| 2010 | 100 | -2.0% |
| 2011 | 109.07 | +9.1% |
| 2012 | 128.26 | +17.6% |
| 2013 | 126.97 | -1.0% |
| 2014 | 122.74 | -3.3% |
| 2015 | 127.94 | +4.2% |
| 2016 | 121.16 | -5.3% |
| 2017 | 122.33 | +1.0% |
| 2018 | 120.86 | -1.2% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 120.86 is above the median for lower middle income countries, which is 97.6, 1.2× the median. (17 countries reporting)
- Papua New Guinea's 120.86 is above the median for East Asia & Pacific, which is 108.54, 1.1× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 87.84 | 76.77 | 102.05 | 10 |
| 2010s | 119.93 | 100 | 128.26 | 9 |
Countries ranked near Papua New Guinea
More reference data data for Papua New Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2042 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0498 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3515 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0007 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3515 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.6846 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5295 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2811 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0038 (2050)
Frequently asked questions
- What is real effective exchange rate in Papua New Guinea?
- Real effective exchange rate in Papua New Guinea was 120.86 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 Papua New Guinea?
- The highest recorded value was 128.26 in 2012.
- What is the lowest real effective exchange rate recorded in Papua New Guinea?
- The lowest recorded value was 76.77 in 2002.
- How does Papua New Guinea rank for real effective exchange rate?
- Papua New Guinea ranks 14th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 27.4%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea 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.
Download this data
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.