Finland vs North Macedonia: Real Effective Exchange Rate
Finland
98.64
in 2018
North Macedonia
99.8
in 2018
Finland rank
62nd
North Macedonia rank
60th
Real Effective Exchange Rate over time
- Finland
- North Macedonia
How they compare
North Macedonia currently reports 99.8 against 98.64 in Finland, a difference of 1.16.
The two have swapped places 2 times across 19 shared years of data; in 2000 it was North Macedonia ahead.
Finland ranks 62nd and North Macedonia ranks 60th of 107 countries.
Across the 2 decades both report, Finland averaged higher in 1 and North Macedonia in 1.
Head to head by decade
| Decade | Finland | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 103.94 | 102.57 | 1.37 | Finland |
| 2010s | 98.32 | 99.95 | 1.63 | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Finland or North Macedonia?
- North Macedonia, at 99.8 against 98.64 in Finland as of 2018.
- What is the difference in real effective exchange rate between Finland and North Macedonia?
- 1.16, with North Macedonia ahead.
- How many years of comparable data are there for Finland and North Macedonia?
- 19 years are reported by both, from 2000 to 2018.
- How do Finland and North Macedonia rank globally for real effective exchange rate?
- Finland ranks 62nd and North Macedonia ranks 60th 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.