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Real effective exchange rate - euro area trading partners in Latvia

Latvia: Real effective exchange rate - euro area trading partners was 100 Index, 2015=100 in 2025. ▼ Falling

Latest (2025)
100 Index, 2015=100
Change on year
unchanged
World rank
5th
of 55 countries
All-time high
126.6 Index, 2015=100
in 2000
All-time low
99.2 Index, 2015=100
in 2010
Years of data
32
1994–2025

Real effective exchange rate - euro area trading partners in Latvia, 1994–2025

0501001501994200920251994: 107 Index, 2015=1001995: 102.7 Index, 2015=1001996: 101.3 Index, 2015=1001997: 108.6 Index, 2015=1001998: 109 Index, 2015=1001999: 114.2 Index, 2015=1002000: 126.6 Index, 2015=1002001: 126.2 Index, 2015=1002002: 121.4 Index, 2015=1002003: 110.1 Index, 2015=1002004: 106 Index, 2015=1002005: 101.3 Index, 2015=1002006: 101.2 Index, 2015=1002007: 100.5 Index, 2015=1002008: 100.1 Index, 2015=1002009: 99.6 Index, 2015=1002010: 99.2 Index, 2015=1002011: 99.5 Index, 2015=1002012: 100.8 Index, 2015=1002013: 100.2 Index, 2015=1002014: 100 Index, 2015=1002015: 100 Index, 2015=1002016: 100 Index, 2015=1002017: 100 Index, 2015=1002018: 100 Index, 2015=1002019: 100 Index, 2015=1002020: 100 Index, 2015=1002021: 100 Index, 2015=1002022: 100 Index, 2015=1002023: 100 Index, 2015=1002024: 100 Index, 2015=1002025: 100 Index, 2015=100

Source: Eurostat. Measured in Index, 2015=100.

Analysis

In 2025, real effective exchange rate - euro area trading partners in Latvia stood at 100 Index, 2015=100.

The figure is unchanged over ten years.

Over the whole period, real effective exchange rate - euro area trading partners in Latvia peaked at 126.6 Index, 2015=100 in 2000 and was at its lowest, 99.2 Index, 2015=100, in 2010.

Latvia ranks 5th of 55 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 32 years of available data.

Real effective exchange rate - euro area trading partners in Latvia, year by year

Year Index, 2015=100 Change
1994 107 Index, 2015=100 —
1995 102.7 Index, 2015=100 -4.0%
1996 101.3 Index, 2015=100 -1.4%
1997 108.6 Index, 2015=100 +7.2%
1998 109 Index, 2015=100 +0.4%
1999 114.2 Index, 2015=100 +4.8%
2000 126.6 Index, 2015=100 +10.9%
2001 126.2 Index, 2015=100 -0.3%
2002 121.4 Index, 2015=100 -3.8%
2003 110.1 Index, 2015=100 -9.3%
2004 106 Index, 2015=100 -3.7%
2005 101.3 Index, 2015=100 -4.4%
2006 101.2 Index, 2015=100 -0.1%
2007 100.5 Index, 2015=100 -0.7%
2008 100.1 Index, 2015=100 -0.4%
2009 99.6 Index, 2015=100 -0.5%
2010 99.2 Index, 2015=100 -0.4%
2011 99.5 Index, 2015=100 +0.3%
2012 100.8 Index, 2015=100 +1.3%
2013 100.2 Index, 2015=100 -0.6%
2014 100 Index, 2015=100 -0.2%
2015 100 Index, 2015=100 +0.0%
2016 100 Index, 2015=100 +0.0%
2017 100 Index, 2015=100 +0.0%
2018 100 Index, 2015=100 +0.0%
2019 100 Index, 2015=100 +0.0%
2020 100 Index, 2015=100 +0.0%
2021 100 Index, 2015=100 +0.0%
2022 100 Index, 2015=100 +0.0%
2023 100 Index, 2015=100 +0.0%
2024 100 Index, 2015=100 +0.0%
2025 100 Index, 2015=100 +0.0%

Latvia compared with similar countries

  • Latvia's 100 Index, 2015=100 is above the median for Europe & Central Asia, which is 100 Index, 2015=100, 1.0× the median. (30 countries reporting)
  • Latvia's 100 Index, 2015=100 is above the median for high income countries, which is 100 Index, 2015=100, 1.0× the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 107.13 Index, 2015=100 101.3 Index, 2015=100 114.2 Index, 2015=100 6
2000s 109.3 Index, 2015=100 99.6 Index, 2015=100 126.6 Index, 2015=100 10
2010s 99.97 Index, 2015=100 99.2 Index, 2015=100 100.8 Index, 2015=100 10
2020s 100 Index, 2015=100 100 Index, 2015=100 100 Index, 2015=100 6

Countries ranked near Latvia

  1. 2 Czechia 110.5 Index, 2015=100 compare
  2. 3 Croatia 101.1 Index, 2015=100 compare
  3. 3 Croatia 101.1 Index, 2015=100 compare
  4. 5 Austria 100 Index, 2015=100 compare
  5. 5 Belgium 100 Index, 2015=100 compare
  6. 5 Bulgaria 100 Index, 2015=100 compare
  7. 5 Cyprus 100 Index, 2015=100 compare
  8. 5 Germany 100 Index, 2015=100 compare
  9. 5 Estonia 100 Index, 2015=100 compare
  10. 5 Greece 100 Index, 2015=100 compare
  11. 5 Spain 100 Index, 2015=100 compare
  12. 5 Finland 100 Index, 2015=100 compare
  13. 5 France 100 Index, 2015=100 compare
  14. 5 Ireland 100 Index, 2015=100 compare
  15. 5 Italy 100 Index, 2015=100 compare
  16. 5 Lithuania 100 Index, 2015=100 compare
  17. 5 Luxembourg 100 Index, 2015=100 compare
  18. 5 Malta 100 Index, 2015=100 compare
  19. 5 Netherlands 100 Index, 2015=100 compare
  20. 5 Portugal 100 Index, 2015=100 compare
  21. 5 Slovakia 100 Index, 2015=100 compare
  22. 5 Estonia 100 Index, 2015=100 compare
  23. 5 Lithuania 100 Index, 2015=100 compare
  24. 5 Latvia 100 Index, 2015=100 compare
  25. 5 Netherlands 100 Index, 2015=100 compare
  26. 5 Slovakia 100 Index, 2015=100 compare

See the full ranking of 55 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is real effective exchange rate - euro area trading partners in Latvia?
Real effective exchange rate - euro area trading partners in Latvia was 100 Index, 2015=100 in 2025, according to Eurostat.
What is the highest real effective exchange rate - euro area trading partners recorded in Latvia?
The highest recorded value was 126.6 Index, 2015=100 in 2000.
What is the lowest real effective exchange rate - euro area trading partners recorded in Latvia?
The lowest recorded value was 99.2 Index, 2015=100 in 2010.
How does Latvia rank for real effective exchange rate - euro area trading partners?
Latvia ranks 5th out of 55 countries with data for 2025.
Is real effective exchange rate - euro area trading partners rising or falling in Latvia?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Real effective exchange rate - euro area trading partners. Statizoid updates them automatically from the source API.

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Real effective exchange rate - euro area trading partners in Latvia. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/real-effective-exchange-rate-euro-area-trading-partners/latvia/

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About this data

Indicator
Real effective exchange rate - euro area trading partners
Unit
Index, 2015=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
55 places, 1,760 data points, 1994–2025
Last refreshed