Euro area – 21 countries (from 2026) vs Latvia: Real effective exchange rate - percentage changes, 42 trading partners

Euro area – 21 countries (from 2026)
112.5
in 2025
Latvia
120.4
in 2025
Euro area – 21 countries (from 2026) rank
2nd
Latvia rank
5th

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

  • Euro area – 21 countries (from 2026)
  • Latvia
0255075100125199420092025

How they compare

Latvia currently reports 120.4 against 112.5 in Euro area – 21 countries (from 2026), a difference of 7.9.

That makes Latvia's figure about 1.1 times Euro area – 21 countries (from 2026)'s.

The two have swapped places 3 times across 32 shared years of data; in 1994 it was Euro area – 21 countries (from 2026) ahead.

Euro area – 21 countries (from 2026) ranks 2nd and Latvia ranks 5th of 4 regions.

Across the 4 decades both report, Euro area – 21 countries (from 2026) averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Euro area – 21 countries (from 2026) Latvia Difference Ahead
1990s 113.33 72.8 40.53 Euro area – 21 countries (from 2026)
2000s 109.56 91.33 18.23 Euro area – 21 countries (from 2026)
2010s 105.88 100.31 5.57 Euro area – 21 countries (from 2026)
2020s 109.23 114.22 4.98 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, Euro area – 21 countries (from 2026) or Latvia?
Latvia, at 120.4 against 112.5 in Euro area – 21 countries (from 2026) as of 2025.
What is the difference in real effective exchange rate - percentage changes, 42 trading partners between Euro area – 21 countries (from 2026) and Latvia?
7.9, with Latvia ahead.
How many years of comparable data are there for Euro area – 21 countries (from 2026) and Latvia?
32 years are reported by both, from 1994 to 2025.
How do Euro area – 21 countries (from 2026) and Latvia rank globally for real effective exchange rate - percentage changes, 42 trading partners?
Euro area – 21 countries (from 2026) ranks 2nd and Latvia ranks 5th of 4 regions.
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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Euro area – 21 countries (from 2026) vs Latvia: Real effective exchange rate - percentage changes, 42 trading partners. Statizoid, drawing on Eurostat. Retrieved 27 August 2026, from https://reference.statizoid.com/compare/real-effective-exchange-rate-percentage-changes-42-trading-partners/euro-area-21-countries-from-2026/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
45 places, 1,440 data points, 1994–2025
Last refreshed