Colombia vs Norway: Real Effective Exchange Rate
Colombia
72.41
in 2024
Norway
73.9
in 2024
Colombia rank
101st
Norway rank
100th
Real Effective Exchange Rate over time
- Colombia
- Norway
How they compare
Norway currently reports 73.9 against 72.41 in Colombia, a difference of 1.49.
The two have swapped places 4 times across 31 shared years of data; in 1994 it was Norway ahead.
Colombia ranks 101st and Norway ranks 100th of 107 countries.
Across the 4 decades both report, Colombia averaged higher in 1 and Norway in 3.
Head to head by decade
| Decade | Colombia | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 94.73 | 93.94 | 0.7863 | Colombia |
| 2000s | 82.33 | 98.15 | 15.81 | Norway |
| 2010s | 87.68 | 91.53 | 3.85 | Norway |
| 2020s | 65.58 | 78.06 | 12.48 | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Colombia or Norway?
- Norway, at 73.9 against 72.41 in Colombia as of 2024.
- What is the difference in real effective exchange rate between Colombia and Norway?
- 1.49, with Norway ahead.
- How many years of comparable data are there for Colombia and Norway?
- 31 years are reported by both, from 1994 to 2024.
- How do Colombia and Norway rank globally for real effective exchange rate?
- Colombia ranks 101st and Norway ranks 100th 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.