Saudi Arabia vs Upper middle income: Real Effective Exchange Rate
Saudi Arabia
126.41
in 2024
Upper middle income
100.26
in 2024
Saudi Arabia rank
9th
Upper middle income rank
6th
Real Effective Exchange Rate over time
- Saudi Arabia
- Upper middle income
How they compare
Saudi Arabia currently reports 126.41 against 100.26 in Upper middle income, a difference of 26.15.
That makes Saudi Arabia's figure about 1.3 times Upper middle income's.
The two have swapped places 4 times across 30 shared years of data; in 1995 it was Saudi Arabia ahead.
Saudi Arabia ranks 9th and Upper middle income ranks 6th of 107 countries.
Saudi Arabia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Saudi Arabia | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 120.65 | 98.98 | 21.67 | Saudi Arabia |
| 2000s | 102.47 | 93.06 | 9.41 | Saudi Arabia |
| 2010s | 110.53 | 104.63 | 5.91 | Saudi Arabia |
| 2020s | 124.26 | 102.07 | 22.18 | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Saudi Arabia or Upper middle income?
- Saudi Arabia, at 126.41 against 100.26 in Upper middle income as of 2024.
- What is the difference in real effective exchange rate between Saudi Arabia and Upper middle income?
- 26.15, with Saudi Arabia ahead.
- How many years of comparable data are there for Saudi Arabia and Upper middle income?
- 30 years are reported by both, from 1995 to 2024.
- How do Saudi Arabia and Upper middle income rank globally for real effective exchange rate?
- Saudi Arabia ranks 9th and Upper middle income ranks 6th 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.