Iceland vs Low income: Real Effective Exchange Rate
Iceland
139.92
in 2018
Low income
101.95
in 2018
Iceland rank
3rd
Low income rank
3rd
Real Effective Exchange Rate over time
- Iceland
- Low income
How they compare
Iceland currently reports 139.92 against 101.95 in Low income, a difference of 37.97.
That makes Iceland's figure about 1.4 times Low income's.
The two have swapped places 5 times across 18 shared years of data; in 2001 it was Low income ahead.
Iceland ranks 3rd and Low income ranks 3rd of 107 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Low income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 133.02 | 107.14 | 25.89 | Iceland |
| 2010s | 115.77 | 102.61 | 13.16 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Iceland or Low income?
- Iceland, at 139.92 against 101.95 in Low income as of 2018.
- What is the difference in real effective exchange rate between Iceland and Low income?
- 37.97, with Iceland ahead.
- How many years of comparable data are there for Iceland and Low income?
- 18 years are reported by both, from 2001 to 2018.
- How do Iceland and Low income rank globally for real effective exchange rate?
- Iceland ranks 3rd and Low income ranks 3rd 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.