Estonia vs Latvia: Real effective exchange rate - percentage changes, 42 trading partners

Estonia
120.7
in 2025
Latvia
120.4
in 2025
Estonia rank
4th
Latvia rank
6th

Real effective exchange rate - percentage changes, 42 trading partners over time

  • Estonia
  • Latvia
0255075100125199420092025

How they compare

Estonia currently reports 120.7 against 120.4 in Latvia, a difference of 0.3.

The two have swapped places 1 time across 32 shared years of data; in 1994 it was Latvia ahead.

Estonia ranks 4th and Latvia ranks 6th of 55 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Estonia Latvia Difference Ahead
1990s 61.92 72.8 10.88 Latvia
2000s 79.51 91.33 11.82 Latvia
2010s 92.55 100.31 7.76 Latvia
2020s 110.7 114.22 3.52 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate - percentage changes, 42 trading partners, Estonia or Latvia?
Estonia, at 120.7 against 120.4 in Latvia as of 2025.
What is the difference in real effective exchange rate - percentage changes, 42 trading partners between Estonia and Latvia?
0.3, with Estonia ahead.
How many years of comparable data are there for Estonia and Latvia?
32 years are reported by both, from 1994 to 2025.
How do Estonia and Latvia rank globally for real effective exchange rate - percentage changes, 42 trading partners?
Estonia ranks 4th and Latvia ranks 6th of 55 countries.
Where does this data come from?
Eurostat, published as Real effective exchange rate - percentage changes, 42 trading partners. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Latvia: Real effective exchange rate - percentage changes, 42 trading partners. Statizoid, drawing on Eurostat. Retrieved 14 November 2026, from https://reference.statizoid.com/compare/real-effective-exchange-rate-percentage-changes-42-trading-partners/estonia-2/latvia/

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About this data

Indicator
Real effective exchange rate - percentage changes, 42 trading partners
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
58 places, 1,856 data points, 1994–2025
Last refreshed