Tonga Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Overview
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|
Detected Pattern
Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 11.0%
Real rate -1.2%
Occurred 386 times, 278 successful
Analysis
Tonga matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw real effective exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
What is the World Bank indicator code for real effective exchange rate?▾
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Cite this page
APA
Tonga Real Effective Exchange Rate. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/tonga/reer/
BibTeX
@misc{historysaid_tonga_reer,
title = {Tonga Real Effective Exchange Rate},
url = {https://historysaid.com/tonga/reer/},
publisher = {HistorySaid},
year = {2026}
}