Latin America & Caribbean (excluding high income) vs Viet Nam: Real Effective Exchange Rate

Latin America & Caribbean (excluding high income)
88.23
in 2024
Viet Nam
129.99
in 2024
Latin America & Caribbean (excluding high income) rank
8th
Viet Nam rank
5th

Real Effective Exchange Rate over time

  • Latin America & Caribbean (excluding high income)
  • Viet Nam
050100150199520092024

How they compare

Viet Nam currently reports 129.99 against 88.23 in Latin America & Caribbean (excluding high income), a difference of 41.76.

That makes Viet Nam's figure about 1.5 times Latin America & Caribbean (excluding high income)'s.

The two have swapped places 5 times across 30 shared years of data; in 1995 it was Latin America & Caribbean (excluding high income) ahead.

Latin America & Caribbean (excluding high income) ranks 8th and Viet Nam ranks 5th of 10 groups.

Across the 4 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 1 and Viet Nam in 3.

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Viet Nam Difference Ahead
1990s 105.3 88.89 16.41 Latin America & Caribbean (excluding high income)
2000s 91.06 91.15 0.0848 Viet Nam
2010s 93.08 115.84 22.76 Viet Nam
2020s 80.99 129.8 48.8 Viet Nam

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 Viet Nam?
Viet Nam, at 129.99 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 Viet Nam?
41.76, with Viet Nam ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Viet Nam?
30 years are reported by both, from 1995 to 2024.
How do Latin America & Caribbean (excluding high income) and Viet Nam rank globally for real effective exchange rate?
Latin America & Caribbean (excluding high income) ranks 8th and Viet Nam ranks 5th 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.

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Latin America & Caribbean (excluding high income) vs Viet Nam: Real Effective Exchange Rate. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 31 August 2026, from https://reference.statizoid.com/compare/real-effective-exchange-rate/latin-america-and-caribbean-excluding-high-income/viet-nam/

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About this data

Indicator
Real Effective Exchange Rate
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 2,839 data points, 1994–2024
Last refreshed

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.