South Korea vs Thailand: Real Effective Exchange Rate
South Korea
101.24
in 2024
Thailand
101.73
in 2024
South Korea rank
54th
Thailand rank
51st
Real Effective Exchange Rate over time
- South Korea
- Thailand
How they compare
Thailand currently reports 101.73 against 101.24 in South Korea, a difference of 0.49.
The two have swapped places 7 times across 31 shared years of data; in 1994 it was South Korea ahead.
South Korea ranks 54th and Thailand ranks 51st of 107 countries.
Across the 4 decades both report, South Korea averaged higher in 3 and Thailand in 1.
Head to head by decade
| Decade | South Korea | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 111.6 | 99.7 | 11.9 | South Korea |
| 2000s | 111.98 | 90.05 | 21.93 | South Korea |
| 2010s | 106.35 | 102.73 | 3.62 | South Korea |
| 2020s | 103.23 | 103.86 | 0.629 | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, South Korea or Thailand?
- Thailand, at 101.73 against 101.24 in South Korea as of 2024.
- What is the difference in real effective exchange rate between South Korea and Thailand?
- 0.49, with Thailand ahead.
- How many years of comparable data are there for South Korea and Thailand?
- 31 years are reported by both, from 1994 to 2024.
- How do South Korea and Thailand rank globally for real effective exchange rate?
- South Korea ranks 54th and Thailand ranks 51st 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.