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

Latvia
120.4 Index, 2015=100
in 2025
Russia
118.34 Index, 2015=100
in 2025
Latvia rank
8th
Russia rank
10th

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

  • Latvia
  • Russia
050100150199420092025

How they compare

Latvia currently reports 120.4 Index, 2015=100 against 118.34 Index, 2015=100 in Russia, a difference of 2.06 Index, 2015=100.

The two have swapped places 7 times across 32 shared years of data; in 1994 it was Russia ahead.

Latvia ranks 8th and Russia ranks 10th of 55 countries.

Across the 4 decades both report, Latvia averaged higher in 1 and Russia in 3.

Head to head by decade

Decade Latvia Russia Difference Ahead
1990s 72.8 Index, 2015=100 84.43 Index, 2015=100 11.63 Index, 2015=100 Russia
2000s 91.33 Index, 2015=100 99.49 Index, 2015=100 8.16 Index, 2015=100 Russia
2010s 100.31 Index, 2015=100 118.53 Index, 2015=100 18.22 Index, 2015=100 Russia
2020s 114.22 Index, 2015=100 108.26 Index, 2015=100 5.95 Index, 2015=100 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, Latvia or Russia?
Latvia, at 120.4 Index, 2015=100 against 118.34 Index, 2015=100 in Russia as of 2025.
What is the difference in real effective exchange rate - percentage changes, 42 trading partners between Latvia and Russia?
2.06 Index, 2015=100, with Latvia ahead.
How many years of comparable data are there for Latvia and Russia?
32 years are reported by both, from 1994 to 2025.
How do Latvia and Russia rank globally for real effective exchange rate - percentage changes, 42 trading partners?
Latvia ranks 8th and Russia ranks 10th 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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Latvia vs Russia: Real effective exchange rate - percentage changes, 42 trading partners. Statizoid, drawing on Eurostat. Retrieved 31 August 2026, from https://reference.statizoid.com/compare/real-effective-exchange-rate-percentage-changes-42-trading-partners/latvia/russia/

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About this data

Indicator
Real effective exchange rate - percentage changes, 42 trading partners
Unit
Index, 2015=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
58 places, 1,856 data points, 1994–2025
Last refreshed