India vs United Kingdom: Real Effective Exchange Rate
India
110.2
in 2024
United Kingdom
108.67
in 2024
India rank
28th
United Kingdom rank
31st
Real Effective Exchange Rate over time
- India
- United Kingdom
How they compare
India currently reports 110.2 against 108.67 in United Kingdom, a difference of 1.53.
The two have swapped places 1 time across 31 shared years of data; in 1994 it was United Kingdom ahead.
India ranks 28th and United Kingdom ranks 31st of 107 countries.
Across the 4 decades both report, India averaged higher in 1 and United Kingdom in 3.
Head to head by decade
| Decade | India | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 77.22 | 118.24 | 41.02 | United Kingdom |
| 2000s | 84.82 | 122.96 | 38.15 | United Kingdom |
| 2010s | 101.7 | 102.85 | 1.15 | United Kingdom |
| 2020s | 108.2 | 103.44 | 4.77 | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, India or United Kingdom?
- India, at 110.2 against 108.67 in United Kingdom as of 2024.
- What is the difference in real effective exchange rate between India and United Kingdom?
- 1.53, with India ahead.
- How many years of comparable data are there for India and United Kingdom?
- 31 years are reported by both, from 1994 to 2024.
- How do India and United Kingdom rank globally for real effective exchange rate?
- India ranks 28th and United Kingdom ranks 31st 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.