Lower middle income vs Venezuela: Real Effective Exchange Rate
Lower middle income
100.55
in 2024
Venezuela
15,577
in 2022
Lower middle income rank
4th
Venezuela rank
1st
Real Effective Exchange Rate over time
- Lower middle income
- Venezuela
How they compare
Venezuela currently reports 15,577 against 100.55 in Lower middle income, a difference of 15,476.
That makes Venezuela's figure about 154.9 times Lower middle income's.
The two have swapped places 6 times across 28 shared years of data; in 1995 it was Venezuela ahead.
Lower middle income ranks 4th and Venezuela ranks 1st of 10 groups.
Across the 4 decades both report, Lower middle income averaged higher in 1 and Venezuela in 3.
Head to head by decade
| Decade | Lower middle income | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 85.63 | 92.59 | 6.96 | Venezuela |
| 2000s | 88.62 | 69.58 | 19.04 | Lower middle income |
| 2010s | 103.23 | 1,382 | 1,278 | Venezuela |
| 2020s | 109.19 | 11,830 | 11,721 | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Lower middle income or Venezuela?
- Venezuela, at 15,577 against 100.55 in Lower middle income as of 2022.
- What is the difference in real effective exchange rate between Lower middle income and Venezuela?
- 15,476, with Venezuela ahead.
- How many years of comparable data are there for Lower middle income and Venezuela?
- 28 years are reported by both, from 1995 to 2022.
- How do Lower middle income and Venezuela rank globally for real effective exchange rate?
- Lower middle income ranks 4th and Venezuela ranks 1st 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.