Gabon Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Gabon's real effective exchange rate was 100.87 in 2024, ranked 45th globally. This represents a 0.1% decrease from 2023. Data from BIS, covering 1980–2024.
Overview
Gabon's real effective exchange rate stood at 100.87 in 2024, a decline of +0.07 from 2023. Based on recent trends, this figure is projected to reach 99.14 by 2025. Gabon ranked 45th globally.
Gabon's Real Effective Exchange Rate has fluctuated significantly over the past 45 years, with the value standing at 100.87 in 2024. The country's all-time peak of 223.19 in 1980 is a stark contrast to the trough of 92.68 in 2015. This oscillation mirrors similar patterns observed in peer countries, such as Mexico, which has maintained a relatively stable rate of 100.21 since 2024. In contrast, Gabon's rate has shown a more pronounced volatility, with a significant devaluation in the early 1980s followed by a prolonged period of depreciation. The country's economic instability and reliance on a single commodity export, primarily oil, likely contributed to this trend. If Gabon can diversify its economy and stabilize its oil exports, it may be able to mitigate the fluctuations in its Real Effective Exchange Rate, potentially leading to a more stable trade environment.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 97.95 | - | - |
| 2026* trend | 98.54 | - | - |
| 2025* trend | 99.14 | - | - |
| 2024 | 100.87 | −0.07 | #45 |
| 2023 | 100.94 | +3.54 | #50 |
| 2022 | 97.40 | −4.73 | #46 |
| 2021 | 102.14 | −1.10 | #68 |
| 2020 | 103.24 | +2.65 | #71 |
| 2019 | 100.59 | −0.57 | #60 |
| 2018 | 101.16 | +5.33 | #65 |
| 2017 | 95.83 | +2.09 | #39 |
| 2016 | 93.74 | +1.06 | #31 |
| 2015 | 92.68 | −6.59 | #29 |
| 2014 | 99.27 | +3.45 | #51 |
| 2013 | 95.82 | +1.04 | #17 |
| 2012 | 94.78 | −3.38 | #12 |
| 2011 | 98.16 | −1.84 | #29 |
| 2010 | 100.00 | −6.55 | #41 |
Detected Pattern
Analysis
Gabon matched the Export Boom Cycle pattern in 2013. 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
Gabon's real effective exchange rate was 100.87 in 2024. Ranked 45th globally. This represents a 0.1% decrease from the previous year.
Gabon's real effective exchange rate peaked at 223.19 in 1980.
The lowest real effective exchange rate in Gabon was 92.68 in 2015.
Gabon ranks 45th globally in real effective exchange rate as of 2024.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Gabon's real effective exchange rate is projected to reach 99.14 by 2025 based on trend extrapolation.
The real effective exchange rate of Gabon in 2024 was 100.87. This ranks 45th in the world.
Cite this page
@misc{historysaid_gabon_reer,
title = {Gabon Real Effective Exchange Rate},
url = {https://historysaid.com/gabon/reer/},
publisher = {HistorySaid},
year = {2026}
}