Canada vs Sweden: Real Effective Exchange Rate
Canada
82.31
in 2024
Sweden
84.01
in 2024
Canada rank
92nd
Sweden rank
90th
Real Effective Exchange Rate over time
- Canada
- Sweden
How they compare
Sweden currently reports 84.01 against 82.31 in Canada, a difference of 1.7.
The two have swapped places 4 times across 31 shared years of data; in 1994 it was Sweden ahead.
Canada ranks 92nd and Sweden ranks 90th of 107 countries.
Sweden has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 80.01 | 118.6 | 38.59 | Sweden |
| 2000s | 87.19 | 106.11 | 18.92 | Sweden |
| 2010s | 90.47 | 96.83 | 6.37 | Sweden |
| 2020s | 83.43 | 85.56 | 2.12 | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Canada or Sweden?
- Sweden, at 84.01 against 82.31 in Canada as of 2024.
- What is the difference in real effective exchange rate between Canada and Sweden?
- 1.7, with Sweden ahead.
- How many years of comparable data are there for Canada and Sweden?
- 31 years are reported by both, from 1994 to 2024.
- How do Canada and Sweden rank globally for real effective exchange rate?
- Canada ranks 92nd and Sweden ranks 90th 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.