Upper middle income vs Vietnam: Real Effective Exchange Rate

Upper middle income
100.26
in 2024
Vietnam
129.99
in 2024
Upper middle income rank
6th
Vietnam rank
5th

Real Effective Exchange Rate over time

  • Upper middle income
  • Vietnam
050100150199520092024

How they compare

Vietnam currently reports 129.99 against 100.26 in Upper middle income, a difference of 29.73.

That makes Vietnam's figure about 1.3 times Upper middle income's.

The two have swapped places 5 times across 30 shared years of data; in 1995 it was Upper middle income ahead.

Upper middle income ranks 6th and Vietnam ranks 5th of 10 groups.

Across the 4 decades both report, Upper middle income averaged higher in 2 and Vietnam in 2.

Head to head by decade

Decade Upper middle income Vietnam Difference Ahead
1990s 98.98 88.89 10.09 Upper middle income
2000s 93.06 91.15 1.92 Upper middle income
2010s 104.63 115.84 11.21 Vietnam
2020s 102.07 129.8 27.72 Vietnam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Upper middle income or Vietnam?
Vietnam, at 129.99 against 100.26 in Upper middle income as of 2024.
What is the difference in real effective exchange rate between Upper middle income and Vietnam?
29.73, with Vietnam ahead.
How many years of comparable data are there for Upper middle income and Vietnam?
30 years are reported by both, from 1995 to 2024.
How do Upper middle income and Vietnam rank globally for real effective exchange rate?
Upper middle income ranks 6th and Vietnam 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.

Individual pages

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.