Latin America & Caribbean (excluding high income) vs Saudi Arabia: Real Effective Exchange Rate
Real Effective Exchange Rate over time
- Latin America & Caribbean (excluding high income)
- Saudi Arabia
How they compare
Saudi Arabia currently reports 126.41 against 88.23 in Latin America & Caribbean (excluding high income), a difference of 38.18.
That makes Saudi Arabia's figure about 1.4 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 4 times across 30 shared years of data; in 1995 it was Saudi Arabia ahead.
Latin America & Caribbean (excluding high income) ranks 8th and Saudi Arabia ranks 9th of 10 groups.
Saudi Arabia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 105.3 | 120.65 | 15.35 | Saudi Arabia |
| 2000s | 91.06 | 102.47 | 11.41 | Saudi Arabia |
| 2010s | 93.08 | 110.53 | 17.45 | Saudi Arabia |
| 2020s | 80.99 | 124.26 | 43.26 | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Latin America & Caribbean (excluding high income) or Saudi Arabia?
- Saudi Arabia, at 126.41 against 88.23 in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in real effective exchange rate between Latin America & Caribbean (excluding high income) and Saudi Arabia?
- 38.18, with Saudi Arabia ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Saudi Arabia?
- 30 years are reported by both, from 1995 to 2024.
- How do Latin America & Caribbean (excluding high income) and Saudi Arabia rank globally for real effective exchange rate?
- Latin America & Caribbean (excluding high income) ranks 8th and Saudi Arabia ranks 9th of 10 groups.
- 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.