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

Canada: Real effective exchange rate - percentage changes, 42 trading partners was 94.12 Index, 2015=100 in 2025. ▲ Rising

Latest (2025)
94.12 Index, 2015=100
Change on year
down 2.9%
World rank
46th
of 55 countries
All-time high
122.21 Index, 2015=100
in 2011
All-time low
85.97 Index, 2015=100
in 2002
Years of data
32
1994–2025

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

02550751001251994200920251994: 98.3 Index, 2015=1001995: 96 Index, 2015=1001996: 96.4 Index, 2015=1001997: 95.9 Index, 2015=1001998: 90 Index, 2015=1001999: 89.6 Index, 2015=1002000: 90.1 Index, 2015=1002001: 87.1 Index, 2015=1002002: 86 Index, 2015=1002003: 95.7 Index, 2015=1002004: 101 Index, 2015=1002005: 106.7 Index, 2015=1002006: 113 Index, 2015=1002007: 117.5 Index, 2015=1002008: 115.3 Index, 2015=1002009: 109.9 Index, 2015=1002010: 120 Index, 2015=1002011: 122.2 Index, 2015=1002012: 121.2 Index, 2015=1002013: 117.3 Index, 2015=1002014: 110.5 Index, 2015=1002015: 100 Index, 2015=1002016: 98.1 Index, 2015=1002017: 100.1 Index, 2015=1002018: 99.9 Index, 2015=1002019: 99 Index, 2015=1002020: 98.2 Index, 2015=1002021: 102.6 Index, 2015=1002022: 100.4 Index, 2015=1002023: 97.6 Index, 2015=1002024: 96.9 Index, 2015=1002025: 94.1 Index, 2015=100

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

Analysis

Canada recorded 94.12 Index, 2015=100 for real effective exchange rate - percentage changes, 42 trading partners in 2025.

The figure is down 2.9% on the previous year and down 5.9% over ten years.

Over the whole period, real effective exchange rate - percentage changes, 42 trading partners in Canada peaked at 122.21 Index, 2015=100 in 2011 and was at its lowest, 85.97 Index, 2015=100, in 2002.

Canada ranks 46th of 55 countries on this measure, in the bottom quarter.

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 Canada, year by year

Annual values for Real effective exchange rate - percentage changes, 42 trading partners in Canada, 1994 to 2025.
Year Index, 2015=100 Change
1994 98.26 Index, 2015=100 —
1995 96.01 Index, 2015=100 -2.3%
1996 96.41 Index, 2015=100 +0.4%
1997 95.91 Index, 2015=100 -0.5%
1998 90 Index, 2015=100 -6.2%
1999 89.63 Index, 2015=100 -0.4%
2000 90.06 Index, 2015=100 +0.5%
2001 87.1 Index, 2015=100 -3.3%
2002 85.97 Index, 2015=100 -1.3%
2003 95.66 Index, 2015=100 +11.3%
2004 101 Index, 2015=100 +5.6%
2005 106.72 Index, 2015=100 +5.7%
2006 112.96 Index, 2015=100 +5.8%
2007 117.52 Index, 2015=100 +4.0%
2008 115.28 Index, 2015=100 -1.9%
2009 109.92 Index, 2015=100 -4.6%
2010 120.04 Index, 2015=100 +9.2%
2011 122.21 Index, 2015=100 +1.8%
2012 121.16 Index, 2015=100 -0.9%
2013 117.33 Index, 2015=100 -3.2%
2014 110.47 Index, 2015=100 -5.8%
2015 100 Index, 2015=100 -9.5%
2016 98.14 Index, 2015=100 -1.9%
2017 100.12 Index, 2015=100 +2.0%
2018 99.92 Index, 2015=100 -0.2%
2019 99 Index, 2015=100 -0.9%
2020 98.15 Index, 2015=100 -0.9%
2021 102.65 Index, 2015=100 +4.6%
2022 100.4 Index, 2015=100 -2.2%
2023 97.63 Index, 2015=100 -2.8%
2024 96.95 Index, 2015=100 -0.7%
2025 94.12 Index, 2015=100 -2.9%

Canada compared with similar countries

  • Canada's 94.12 Index, 2015=100 is below the median for high income countries, which is 105.28 Index, 2015=100, 89% of the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 94.37 Index, 2015=100 89.63 Index, 2015=100 98.26 Index, 2015=100 6
2000s 102.22 Index, 2015=100 85.97 Index, 2015=100 117.52 Index, 2015=100 10
2010s 108.84 Index, 2015=100 98.14 Index, 2015=100 122.21 Index, 2015=100 10
2020s 98.32 Index, 2015=100 94.12 Index, 2015=100 102.65 Index, 2015=100 6

Countries ranked near Canada

  1. 43 Ireland 99.9 Index, 2015=100 compare
  2. 44 United Kingdom 98.07 Index, 2015=100 compare
  3. 44 United Kingdom 98.07 Index, 2015=100 compare
  4. 47 Sweden 92.9 Index, 2015=100 compare
  5. 48 Brazil 88.21 Index, 2015=100 compare
  6. 49 Norway 86.83 Index, 2015=100 compare

See the full ranking of 58 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is real effective exchange rate - percentage changes, 42 trading partners in Canada?
Real effective exchange rate - percentage changes, 42 trading partners in Canada was 94.12 Index, 2015=100 in 2025, according to Eurostat.
What is the highest real effective exchange rate - percentage changes, 42 trading partners recorded in Canada?
The highest recorded value was 122.21 Index, 2015=100 in 2011.
What is the lowest real effective exchange rate - percentage changes, 42 trading partners recorded in Canada?
The lowest recorded value was 85.97 Index, 2015=100 in 2002.
How does Canada rank for real effective exchange rate - percentage changes, 42 trading partners?
Canada ranks 46th out of 55 countries with data for 2025.
Is real effective exchange rate - percentage changes, 42 trading partners rising or falling in Canada?
Over the last ten years it is down 5.9%. The long-run trend across the full record is rising.
Where does this Canada 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 Canada. Statizoid, drawing on Eurostat. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/real-effective-exchange-rate-percentage-changes-42-trading-partners/canada/

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About this data

Indicator
Real effective exchange rate - percentage changes, 42 trading partners
Unit
Index, 2015=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
58 places, 1,856 data points, 1994–2025
Last refreshed