Estonia vs Latvia: Real effective exchange rate - percentage changes, 42 trading partners
Estonia
130.6
in 2025
Latvia
120.4
in 2025
Estonia rank
2nd
Latvia rank
5th
Real effective exchange rate - percentage changes, 42 trading partners over time
- Estonia
- Latvia
How they compare
Estonia currently reports 130.6 against 120.4 in Latvia, a difference of 10.2.
That makes Estonia's figure about 1.1 times Latvia's.
The two have swapped places 5 times across 32 shared years of data; in 1994 it was Latvia ahead.
Estonia ranks 2nd and Latvia ranks 5th of 41 countries.
Across the 4 decades both report, Estonia averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 66.98 | 72.8 | 5.82 | Latvia |
| 2000s | 85.99 | 91.33 | 5.34 | Latvia |
| 2010s | 100.08 | 100.31 | 0.23 | Latvia |
| 2020s | 119.72 | 114.22 | 5.5 | Estonia |
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 130.6 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?
- 10.2, 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 2nd and Latvia ranks 5th of 41 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.