Argentina vs Lower middle income: Real Effective Exchange Rate

Argentina
132.83
in 2024
Lower middle income
100.55
in 2024
Argentina rank
4th
Lower middle income rank
4th

Real Effective Exchange Rate over time

  • Argentina
  • Lower middle income
050100150200199420092024

How they compare

Argentina currently reports 132.83 against 100.55 in Lower middle income, a difference of 32.28.

That makes Argentina's figure about 1.3 times Lower middle income's.

The two have swapped places 8 times across 30 shared years of data; in 1995 it was Argentina ahead.

Argentina ranks 4th and Lower middle income ranks 4th of 107 countries.

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

Head to head by decade

Decade Argentina Lower middle income Difference Ahead
1990s 163.94 85.63 78.31 Argentina
2000s 105.11 88.62 16.49 Argentina
2010s 122.78 103.23 19.55 Argentina
2020s 123.29 106.9 16.38 Argentina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Argentina or Lower middle income?
Argentina, at 132.83 against 100.55 in Lower middle income as of 2024.
What is the difference in real effective exchange rate between Argentina and Lower middle income?
32.28, with Argentina ahead.
How many years of comparable data are there for Argentina and Lower middle income?
30 years are reported by both, from 1995 to 2024.
How do Argentina and Lower middle income rank globally for real effective exchange rate?
Argentina ranks 4th and Lower middle income ranks 4th of 107 countries.
Where does this data come from?
World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Real Effective Exchange Rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Real Effective Exchange Rate
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 2,839 data points, 1994–2024
Last refreshed

Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.