Real effective exchange rate - percentage changes, 42 trading partners in Belgium

Belgium: Real effective exchange rate - percentage changes, 42 trading partners was 103.9 in 2025. ▲ Rising

Latest (2025)
103.9
Change on year
up 1.8%
World rank
27th
of 55 countries
All-time high
103.9
in 2025
All-time low
89.6
in 2000
Years of data
32
1994–2025

Real effective exchange rate - percentage changes, 42 trading partners in Belgium, 1994–2025

02550751001994200920251994: 98.61995: 101.41996: 98.61997: 93.41998: 93.91999: 932000: 89.62001: 90.32002: 90.92003: 94.92004: 95.82005: 95.42006: 95.32007: 962008: 98.62009: 99.12010: 96.52011: 97.12012: 94.92013: 96.42014: 96.62015: 93.42016: 96.12017: 97.62018: 1002019: 98.82020: 1002021: 100.62022: 100.52023: 100.12024: 102.12025: 103.9

Source: Eurostat.

Analysis

The most recent figure for real effective exchange rate - percentage changes, 42 trading partners in Belgium is 103.9, measured in 2025. That is the highest value across all 32 years on record.

The figure is up 1.8% on the previous year and up 11.2% over ten years.

Over the whole period, real effective exchange rate - percentage changes, 42 trading partners in Belgium peaked at 103.9 in 2025 and was at its lowest, 89.6, in 2000.

Belgium ranks 27th of 55 countries on this measure, in the middle of the range.

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

Real effective exchange rate - percentage changes, 42 trading partners in Belgium, year by year

Annual values for Real effective exchange rate - percentage changes, 42 trading partners in Belgium, 1994 to 2025.
Year Value Change
1994 98.6 —
1995 101.4 +2.8%
1996 98.6 -2.8%
1997 93.4 -5.3%
1998 93.9 +0.5%
1999 93 -1.0%
2000 89.6 -3.7%
2001 90.3 +0.8%
2002 90.9 +0.7%
2003 94.9 +4.4%
2004 95.8 +0.9%
2005 95.4 -0.4%
2006 95.3 -0.1%
2007 96 +0.7%
2008 98.6 +2.7%
2009 99.1 +0.5%
2010 96.5 -2.6%
2011 97.1 +0.6%
2012 94.9 -2.3%
2013 96.4 +1.6%
2014 96.6 +0.2%
2015 93.4 -3.3%
2016 96.1 +2.9%
2017 97.6 +1.6%
2018 100 +2.5%
2019 98.8 -1.2%
2020 100 +1.2%
2021 100.6 +0.6%
2022 100.5 -0.1%
2023 100.1 -0.4%
2024 102.1 +2.0%
2025 103.9 +1.8%

Belgium compared with similar countries

  • Belgium's 103.9 is above the median for high income countries, which is 103.15, 1.0× the median. (38 countries reporting)
  • Belgium's 103.9 is above the median for Europe & Central Asia, which is 103.65, 1.0× the median. (30 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 96.48 93 101.4 6
2000s 94.59 89.6 99.1 10
2010s 96.74 93.4 100 10
2020s 101.2 100 103.9 6

Countries ranked near Belgium

  1. 24 Netherlands 104.9 compare
  2. 25 Austria 104.7 compare
  3. 26 Mexico 104.29 compare
  4. 28 Switzerland 103.69 compare
  5. 29 Germany 103.6 compare
  6. 30 Slovenia 102.7 compare

See the full ranking of 58 places →

More reference data data for Belgium

All data for Belgium →

Frequently asked questions

What is real effective exchange rate - percentage changes, 42 trading partners in Belgium?
Real effective exchange rate - percentage changes, 42 trading partners in Belgium was 103.9 in 2025, according to Eurostat.
What is the highest real effective exchange rate - percentage changes, 42 trading partners recorded in Belgium?
The highest recorded value was 103.9 in 2025.
What is the lowest real effective exchange rate - percentage changes, 42 trading partners recorded in Belgium?
The lowest recorded value was 89.6 in 2000.
How does Belgium rank for real effective exchange rate - percentage changes, 42 trading partners?
Belgium ranks 27th out of 55 countries with data for 2025.
Is real effective exchange rate - percentage changes, 42 trading partners rising or falling in Belgium?
Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
Where does this Belgium data come from?
The figures come from Eurostat, published as part of Real effective exchange rate - percentage changes, 42 trading partners. Statizoid updates them automatically from the source API.

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Real effective exchange rate - percentage changes, 42 trading partners in Belgium. Statizoid, drawing on Eurostat. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/real-effective-exchange-rate-percentage-changes-42-trading-partners/belgium/

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About this data

Indicator
Real effective exchange rate - percentage changes, 42 trading partners
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
58 places, 1,856 data points, 1994–2025
Last refreshed