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

Latvia: Real effective exchange rate - percentage changes, 42 trading partners was 120.4 Index, 2015=100 in 2025. ▲ Rising

Latest (2025)
120.4 Index, 2015=100
Change on year
up 1.1%
World rank
5th
of 42 countries
All-time high
120.4 Index, 2015=100
in 2025
All-time low
61.9 Index, 2015=100
in 1994
Years of data
32
1994–2025

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

02550751001251994200920251994: 61.9 Index, 2015=1001995: 66.7 Index, 2015=1001996: 68.4 Index, 2015=1001997: 72.9 Index, 2015=1001998: 80.1 Index, 2015=1001999: 86.8 Index, 2015=1002000: 92 Index, 2015=1002001: 91.6 Index, 2015=1002002: 88.8 Index, 2015=1002003: 84.9 Index, 2015=1002004: 85.5 Index, 2015=1002005: 84 Index, 2015=1002006: 86.4 Index, 2015=1002007: 92 Index, 2015=1002008: 101.5 Index, 2015=1002009: 106.6 Index, 2015=1002010: 98.2 Index, 2015=1002011: 99 Index, 2015=1002012: 97.5 Index, 2015=1002013: 96.6 Index, 2015=1002014: 99.3 Index, 2015=1002015: 100 Index, 2015=1002016: 101.2 Index, 2015=1002017: 101.2 Index, 2015=1002018: 105.1 Index, 2015=1002019: 105 Index, 2015=1002020: 107.2 Index, 2015=1002021: 107.5 Index, 2015=1002022: 111 Index, 2015=1002023: 120.1 Index, 2015=1002024: 119.1 Index, 2015=1002025: 120.4 Index, 2015=100

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

Analysis

Latvia recorded 120.4 Index, 2015=100 for real effective exchange rate - percentage changes, 42 trading partners in 2025. That is the highest value across all 32 years on record.

Compared with earlier readings it is up 1.1% on the previous year and up 20.4% over ten years.

Over the whole period, real effective exchange rate - percentage changes, 42 trading partners in Latvia peaked at 120.4 Index, 2015=100 in 2025 and was at its lowest, 61.9 Index, 2015=100, in 1994.

Latvia ranks 5th of 42 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 72.8 Index, 2015=100 61.9 Index, 2015=100 86.8 Index, 2015=100 6
2000s 91.33 Index, 2015=100 84 Index, 2015=100 106.6 Index, 2015=100 10
2010s 100.31 Index, 2015=100 96.6 Index, 2015=100 105.1 Index, 2015=100 10
2020s 114.22 Index, 2015=100 107.2 Index, 2015=100 120.4 Index, 2015=100 6

Countries ranked near Latvia

  1. 2 Estonia 130.6 Index, 2015=100 compare
  2. 3 Lithuania 123.6 Index, 2015=100 compare
  3. 4 Poland 120.7 Index, 2015=100 compare
  4. 6 Russia 118.34 Index, 2015=100 compare
  5. 7 Bulgaria 117.2 Index, 2015=100 compare
  6. 8 Slovakia 117 Index, 2015=100 compare

See the full ranking of 45 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is real effective exchange rate - percentage changes, 42 trading partners in Latvia?
Real effective exchange rate - percentage changes, 42 trading partners in Latvia was 120.4 Index, 2015=100 in 2025, according to Eurostat.
What is the highest real effective exchange rate - percentage changes, 42 trading partners recorded in Latvia?
The highest recorded value was 120.4 Index, 2015=100 in 2025.
What is the lowest real effective exchange rate - percentage changes, 42 trading partners recorded in Latvia?
The lowest recorded value was 61.9 Index, 2015=100 in 1994.
How does Latvia rank for real effective exchange rate - percentage changes, 42 trading partners?
Latvia ranks 5th out of 42 countries with data for 2025.
Is real effective exchange rate - percentage changes, 42 trading partners rising or falling in Latvia?
Over the last ten years it is up 20.4%. The long-run trend across the full record is rising.
Where does this Latvia 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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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
45 places, 1,440 data points, 1994–2025
Last refreshed