South Korea vs Luxembourg: Real Effective Exchange Rate
South Korea
101.24
in 2024
Luxembourg
100.33
in 2018
South Korea rank
54th
Luxembourg rank
57th
Real Effective Exchange Rate over time
- South Korea
- Luxembourg
How they compare
South Korea currently reports 101.24 against 100.33 in Luxembourg, a difference of 0.91.
The two have swapped places 4 times across 19 shared years of data; in 2000 it was South Korea ahead.
South Korea ranks 54th and Luxembourg ranks 57th of 107 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 111.98 | 98.36 | 13.62 | South Korea |
| 2010s | 106.18 | 99.47 | 6.71 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, South Korea or Luxembourg?
- South Korea, at 101.24 against 100.33 in Luxembourg as of 2024.
- What is the difference in real effective exchange rate between South Korea and Luxembourg?
- 0.91, with South Korea ahead.
- How many years of comparable data are there for South Korea and Luxembourg?
- 19 years are reported by both, from 2000 to 2018.
- How do South Korea and Luxembourg rank globally for real effective exchange rate?
- South Korea ranks 54th and Luxembourg ranks 57th 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.