Financial market — Real effective exchange rates - CPI based in Germany

Germany: Financial market — Real effective exchange rates - CPI based was 103.61 Index in 2025. ▼ Falling

Latest (2025)
103.61 Index
Change on year
up 0.7%
World rank
12th
of 35 countries
All-time high
123.98 Index
in 1973
All-time low
100 Index
in 2015
Years of data
56
1970–2025

Financial market — Real effective exchange rates - CPI based in Germany, 1970–2025

0255075100125197019972025

Source: Organisation for Economic Co-operation and Development. Measured in Index.

Analysis

In 2025, financial market — real effective exchange rates - cpi based in Germany stood at 103.61 Index.

That represents a change of up 0.7% on the previous year and up 3.6% over ten years.

Over the whole period, financial market — real effective exchange rates - cpi based in Germany peaked at 123.98 Index in 1973 and was at its lowest, 100 Index, in 2015.

That places Germany 12th out of 35 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 56 years of available data.

Financial market — Real effective exchange rates - CPI based in Germany, year by year

Annual values for Financial market — Real effective exchange rates - CPI based in Germany, 1970 to 2025.
Year Index Change
1970 109.29 Index
1971 112.27 Index +2.7%
1972 114.26 Index +1.8%
1973 123.98 Index +8.5%
1974 122.92 Index -0.9%
1975 116.99 Index -4.8%
1976 117.83 Index +0.7%
1977 119.93 Index +1.8%
1978 121.17 Index +1.0%
1979 121.25 Index +0.1%
1980 115 Index -5.2%
1981 105.93 Index -7.9%
1982 107.96 Index +1.9%
1983 109.07 Index +1.0%
1984 105.3 Index -3.5%
1985 103.45 Index -1.8%
1986 110.67 Index +7.0%
1987 114.63 Index +3.6%
1988 111.69 Index -2.6%
1989 108.58 Index -2.8%
1990 111.95 Index +3.1%
1991 110.25 Index -1.5%
1992 115.03 Index +4.3%
1993 118.84 Index +3.3%
1994 119.19 Index +0.3%
1995 123.46 Index +3.6%
1996 118.48 Index -4.0%
1997 112.62 Index -4.9%
1998 113.9 Index +1.1%
1999 112.01 Index -1.7%
2000 105.37 Index -5.9%
2001 105.14 Index -0.2%
2002 105.88 Index +0.7%
2003 110.54 Index +4.4%
2004 111.72 Index +1.1%
2005 109.41 Index -2.1%
2006 108.53 Index -0.8%
2007 109.42 Index +0.8%
2008 108.89 Index -0.5%
2009 109.94 Index +1.0%
2010 104.46 Index -5.0%
2011 103.23 Index -1.2%
2012 100.24 Index -2.9%
2013 102.16 Index +1.9%
2014 103.36 Index +1.2%
2015 100 Index -3.3%
2016 101.42 Index +1.4%
2017 101.8 Index +0.4%
2018 103.58 Index +1.7%
2019 102.29 Index -1.2%
2020 103.07 Index +0.8%
2021 103.64 Index +0.6%
2022 100 Index -3.5%
2023 102.8 Index +2.8%
2024 102.93 Index +0.1%
2025 103.61 Index +0.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 117.99 Index 109.29 Index 123.98 Index 10
1980s 109.23 Index 103.45 Index 115 Index 10
1990s 115.57 Index 110.25 Index 123.46 Index 10
2000s 108.48 Index 105.14 Index 111.72 Index 10
2010s 102.25 Index 100 Index 104.46 Index 10
2020s 102.67 Index 100 Index 103.64 Index 6

Countries ranked near Germany

  1. 9 Spain 105.41 Index compare
  2. 10 Hungary 105.17 Index compare
  3. 11 Ireland 103.62 Index compare
  4. 13 India 101.75 Index compare
  5. 14 Greece 101.13 Index compare
  6. 15 Switzerland 100.94 Index compare

See the full ranking of 44 places →

More reference data data for Germany

All data for Germany →

Frequently asked questions

What is financial market — real effective exchange rates - cpi based in Germany?
Financial market — real effective exchange rates - cpi based in Germany was 103.61 Index in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest financial market — real effective exchange rates - cpi based recorded in Germany?
The highest recorded value was 123.98 Index in 1973.
What is the lowest financial market — real effective exchange rates - cpi based recorded in Germany?
The lowest recorded value was 100 Index in 2015.
How does Germany rank for financial market — real effective exchange rates - cpi based?
Germany ranks 12th out of 35 countries with data for 2025.
Is financial market — real effective exchange rates - cpi based rising or falling in Germany?
Over the last ten years it is up 3.6%. The long-run trend across the full record is falling.
Where does this Germany data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Financial market — Real effective exchange rates - CPI based. Statizoid updates them automatically from the source API.

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Financial market — Real effective exchange rates - CPI based in Germany. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/financial-market-real-effective-exchange-rates-cpi-based/germany/

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About this data

Indicator
Financial market — Real effective exchange rates - CPI based
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
44 places, 2,123 data points, 1970–2025
Last refreshed

Financial Indicators aim to capture in quantitative terms an important but heterogeneous and fast evolving area. Key factors driving this change are: globalisation of the financial markets; maturing of national financial markets and therefore the structure of these markets required to service their needs; increased sophistication of the actors in these markets; rapid technological change; and evolving regulatory frameworks. Financial institutions react and adapt to these conditions by changing their strategies; by specialising, by diversifying or concentrating their activities, and by extending through mergers and acquisitions. As a consequence, there is almost constant evolution in the institutional structures in which financial markets operate.OECD statistics contactStatistics and Data Directorate