Argentina vs Upper middle income: Real Effective Exchange Rate
Argentina
132.83
in 2024
Upper middle income
100.26
in 2024
Argentina rank
4th
Upper middle income rank
6th
Real Effective Exchange Rate over time
- Argentina
- Upper middle income
How they compare
Argentina currently reports 132.83 against 100.26 in Upper middle income, a difference of 32.57.
That makes Argentina's figure about 1.3 times Upper middle income's.
The two have swapped places 2 times across 30 shared years of data; in 1995 it was Argentina ahead.
Argentina ranks 4th and Upper middle income ranks 6th of 107 countries.
Argentina has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Argentina | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 163.94 | 98.98 | 64.96 | Argentina |
| 2000s | 105.11 | 93.06 | 12.05 | Argentina |
| 2010s | 122.78 | 104.63 | 18.15 | Argentina |
| 2020s | 123.29 | 102.07 | 21.21 | Argentina |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Argentina or Upper middle income?
- Argentina, at 132.83 against 100.26 in Upper middle income as of 2024.
- What is the difference in real effective exchange rate between Argentina and Upper middle income?
- 32.57, with Argentina ahead.
- How many years of comparable data are there for Argentina and Upper middle income?
- 30 years are reported by both, from 1995 to 2024.
- How do Argentina and Upper middle income rank globally for real effective exchange rate?
- Argentina ranks 4th and Upper middle income ranks 6th 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
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.