Equatorial Guinea Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Equatorial Guinea's real effective exchange rate was 102.34 in 2024, ranked 51st globally. This represents a 1.4% increase from 2023. Data from BIS, covering 1985–2024.
Overview
Equatorial Guinea's real effective exchange rate stood at 102.34 in 2024, a rise of +1.45 from 2023. Based on recent trends, this figure is projected to reach 98.24 by 2025. Equatorial Guinea ranked 51st globally.
Equatorial Guinea’s real effective exchange rate (REER) stood at 102.34 in 2024, placing the country 51st in the global ranking and closely aligned with peers such as India (102.05) and the United Arab Emirates (102.36). The REER has traversed a 40‑year span from an all‑time high of 125.36 in 1985 to a pronounced trough of 57.11 in 1994, reflecting substantial shifts in external competitiveness over the period. The post‑trough recovery has been gradual, with the index climbing from the low 1990s level to just above the 100‑point threshold, indicating a modest appreciation of the currency basket relative to trading partners. Compared with Slovenia (101.51) and Pakistan (102.52), Equatorial Guinea’s current REER suggests a similar degree of price competitiveness, albeit still below the pre‑1990 peak. Continued diversification of export revenues and prudent fiscal management could sustain the upward trajectory, while external shocks or commodity price volatility might reverse the modest appreciation trend.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 94.90 | - | - |
| 2026* trend | 96.57 | - | - |
| 2025* trend | 98.24 | - | - |
| 2024 | 102.34 | +1.45 | #51 |
| 2023 | 100.88 | +1.84 | #49 |
| 2022 | 99.04 | −6.81 | #49 |
| 2021 | 105.85 | −2.37 | #80 |
| 2020 | 108.22 | +6.17 | #84 |
| 2019 | 102.05 | −2.29 | #67 |
| 2018 | 104.34 | +2.40 | #77 |
| 2017 | 101.94 | +0.25 | #69 |
| 2016 | 101.68 | +1.80 | #64 |
| 2015 | 99.88 | −6.86 | #64 |
| 2014 | 106.74 | +4.08 | #84 |
| 2013 | 102.65 | +3.26 | #73 |
| 2012 | 99.39 | −2.91 | #54 |
| 2011 | 102.30 | +2.30 | #83 |
| 2010 | 100.00 | −0.53 | #46 |
Detected Pattern
Analysis
Equatorial Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw real effective exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Equatorial Guinea's real effective exchange rate was 102.34 in 2024. Ranked 51st globally. This represents a 1.4% increase from the previous year.
Equatorial Guinea's real effective exchange rate peaked at 125.36 in 1985.
The lowest real effective exchange rate in Equatorial Guinea was 57.11 in 1994.
Equatorial Guinea ranks 51st globally in real effective exchange rate as of 2024.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Equatorial Guinea's real effective exchange rate is projected to reach 98.24 by 2025 based on trend extrapolation.
The real effective exchange rate of Equatorial Guinea in 2024 was 102.34. This ranks 51st in the world.
Cite this page
@misc{historysaid_equatorial-guinea_reer,
title = {Equatorial Guinea Real Effective Exchange Rate},
url = {https://historysaid.com/equatorial-guinea/reer/},
publisher = {HistorySaid},
year = {2026}
}