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

Spain: Real effective exchange rate - percentage changes, 42 trading partners was 103.9 Index, 2015=100 in 2025. ▲ Rising

Latest (2025)
103.9 Index, 2015=100
Change on year
up 1.2%
World rank
30th
of 55 countries
All-time high
108.9 Index, 2015=100
in 2009
All-time low
91.9 Index, 2015=100
in 2000
Years of data
32
1994–2025

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

02550751001994200920251994: 96.1 Index, 2015=1001995: 97.7 Index, 2015=1001996: 98.9 Index, 2015=1001997: 93.7 Index, 2015=1001998: 94.6 Index, 2015=1001999: 94.7 Index, 2015=1002000: 91.9 Index, 2015=1002001: 93 Index, 2015=1002002: 95.7 Index, 2015=1002003: 101 Index, 2015=1002004: 103 Index, 2015=1002005: 103.1 Index, 2015=1002006: 104.1 Index, 2015=1002007: 105.7 Index, 2015=1002008: 108.4 Index, 2015=1002009: 108.9 Index, 2015=1002010: 105.5 Index, 2015=1002011: 105.7 Index, 2015=1002012: 103.2 Index, 2015=1002013: 105.2 Index, 2015=1002014: 104.7 Index, 2015=1002015: 100 Index, 2015=1002016: 100.7 Index, 2015=1002017: 102.2 Index, 2015=1002018: 104.3 Index, 2015=1002019: 102.5 Index, 2015=1002020: 103.2 Index, 2015=1002021: 103.8 Index, 2015=1002022: 101.8 Index, 2015=1002023: 102.1 Index, 2015=1002024: 102.7 Index, 2015=1002025: 103.9 Index, 2015=100

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

Analysis

The most recent figure for real effective exchange rate - percentage changes, 42 trading partners in Spain is 103.9 Index, 2015=100, measured in 2025.

That represents a change of up 1.2% on the previous year and up 3.9% over ten years.

Over the whole period, real effective exchange rate - percentage changes, 42 trading partners in Spain peaked at 108.9 Index, 2015=100 in 2009 and was at its lowest, 91.9 Index, 2015=100, in 2000.

That places Spain 30th out of 55 countries with data for 2025, putting it 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 Spain, year by year

Annual values for Real effective exchange rate - percentage changes, 42 trading partners in Spain, 1994 to 2025.
Year Index, 2015=100 Change
1994 96.1 Index, 2015=100 —
1995 97.7 Index, 2015=100 +1.7%
1996 98.9 Index, 2015=100 +1.2%
1997 93.7 Index, 2015=100 -5.3%
1998 94.6 Index, 2015=100 +1.0%
1999 94.7 Index, 2015=100 +0.1%
2000 91.9 Index, 2015=100 -3.0%
2001 93 Index, 2015=100 +1.2%
2002 95.7 Index, 2015=100 +2.9%
2003 101 Index, 2015=100 +5.5%
2004 103 Index, 2015=100 +2.0%
2005 103.1 Index, 2015=100 +0.1%
2006 104.1 Index, 2015=100 +1.0%
2007 105.7 Index, 2015=100 +1.5%
2008 108.4 Index, 2015=100 +2.6%
2009 108.9 Index, 2015=100 +0.5%
2010 105.5 Index, 2015=100 -3.1%
2011 105.7 Index, 2015=100 +0.2%
2012 103.2 Index, 2015=100 -2.4%
2013 105.2 Index, 2015=100 +1.9%
2014 104.7 Index, 2015=100 -0.5%
2015 100 Index, 2015=100 -4.5%
2016 100.7 Index, 2015=100 +0.7%
2017 102.2 Index, 2015=100 +1.5%
2018 104.3 Index, 2015=100 +2.1%
2019 102.5 Index, 2015=100 -1.7%
2020 103.2 Index, 2015=100 +0.7%
2021 103.8 Index, 2015=100 +0.6%
2022 101.8 Index, 2015=100 -1.9%
2023 102.1 Index, 2015=100 +0.3%
2024 102.7 Index, 2015=100 +0.6%
2025 103.9 Index, 2015=100 +1.2%

Spain compared with similar countries

  • Spain's 103.9 Index, 2015=100 is below the median for Europe & Central Asia, which is 105.3 Index, 2015=100, 99% of the median. (30 countries reporting)
  • Spain's 103.9 Index, 2015=100 is below the median for high income countries, which is 105.28 Index, 2015=100, 99% of the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 95.95 Index, 2015=100 93.7 Index, 2015=100 98.9 Index, 2015=100 6
2000s 101.48 Index, 2015=100 91.9 Index, 2015=100 108.9 Index, 2015=100 10
2010s 103.4 Index, 2015=100 100 Index, 2015=100 105.7 Index, 2015=100 10
2020s 102.92 Index, 2015=100 101.8 Index, 2015=100 103.9 Index, 2015=100 6

Countries ranked near Spain

  1. 28 Australia 106.66 Index, 2015=100 compare
  2. 29 Mexico 104.29 Index, 2015=100 compare
  3. 31 Switzerland 103.69 Index, 2015=100 compare
  4. 32 Slovenia 102.7 Index, 2015=100 compare
  5. 32 Slovenia 102.7 Index, 2015=100 compare

See the full ranking of 58 places →

More reference data data for Spain

All data for Spain →

Frequently asked questions

What is real effective exchange rate - percentage changes, 42 trading partners in Spain?
Real effective exchange rate - percentage changes, 42 trading partners in Spain was 103.9 Index, 2015=100 in 2025, according to Eurostat.
What is the highest real effective exchange rate - percentage changes, 42 trading partners recorded in Spain?
The highest recorded value was 108.9 Index, 2015=100 in 2009.
What is the lowest real effective exchange rate - percentage changes, 42 trading partners recorded in Spain?
The lowest recorded value was 91.9 Index, 2015=100 in 2000.
How does Spain rank for real effective exchange rate - percentage changes, 42 trading partners?
Spain ranks 30th out of 55 countries with data for 2025.
Is real effective exchange rate - percentage changes, 42 trading partners rising or falling in Spain?
Over the last ten years it is up 3.9%. The long-run trend across the full record is rising.
Where does this Spain 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 Spain. Statizoid, drawing on Eurostat. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/real-effective-exchange-rate-percentage-changes-42-trading-partners/spain/

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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