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

Switzerland: Real effective exchange rate - percentage changes, 42 trading partners was 103.69 Index, 2015=100 in 2025. ▲ Rising

Latest (2025)
103.69 Index, 2015=100
Change on year
up 1.7%
World rank
31st
of 55 countries
All-time high
103.69 Index, 2015=100
in 2025
All-time low
80.74 Index, 2015=100
in 2007
Years of data
32
1994–2025

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

02550751001994200920251994: 91.4 Index, 2015=1001995: 97 Index, 2015=1001996: 93.6 Index, 2015=1001997: 85.7 Index, 2015=1001998: 87.1 Index, 2015=1001999: 85.9 Index, 2015=1002000: 82.7 Index, 2015=1002001: 85 Index, 2015=1002002: 88.2 Index, 2015=1002003: 89.1 Index, 2015=1002004: 88.5 Index, 2015=1002005: 86.4 Index, 2015=1002006: 84 Index, 2015=1002007: 80.7 Index, 2015=1002008: 84 Index, 2015=1002009: 87.3 Index, 2015=1002010: 90.6 Index, 2015=1002011: 98.9 Index, 2015=1002012: 94.7 Index, 2015=1002013: 93.8 Index, 2015=1002014: 94.9 Index, 2015=1002015: 100 Index, 2015=1002016: 98 Index, 2015=1002017: 96.8 Index, 2015=1002018: 94.6 Index, 2015=1002019: 95.5 Index, 2015=1002020: 99.3 Index, 2015=1002021: 96.5 Index, 2015=1002022: 95.6 Index, 2015=1002023: 100.5 Index, 2015=1002024: 102 Index, 2015=1002025: 103.7 Index, 2015=100

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

Analysis

In 2025, real effective exchange rate - percentage changes, 42 trading partners in Switzerland stood at 103.69 Index, 2015=100. That is the highest value across all 32 years on record.

The figure is up 1.7% on the previous year and up 3.7% over ten years.

Over the whole period, real effective exchange rate - percentage changes, 42 trading partners in Switzerland peaked at 103.69 Index, 2015=100 in 2025 and was at its lowest, 80.74 Index, 2015=100, in 2007.

That places Switzerland 31st 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 Switzerland, year by year

Annual values for Real effective exchange rate - percentage changes, 42 trading partners in Switzerland, 1994 to 2025.
Year Index, 2015=100 Change
1994 91.44 Index, 2015=100 —
1995 97.04 Index, 2015=100 +6.1%
1996 93.58 Index, 2015=100 -3.6%
1997 85.67 Index, 2015=100 -8.4%
1998 87.13 Index, 2015=100 +1.7%
1999 85.87 Index, 2015=100 -1.4%
2000 82.73 Index, 2015=100 -3.7%
2001 84.95 Index, 2015=100 +2.7%
2002 88.22 Index, 2015=100 +3.8%
2003 89.11 Index, 2015=100 +1.0%
2004 88.46 Index, 2015=100 -0.7%
2005 86.42 Index, 2015=100 -2.3%
2006 83.97 Index, 2015=100 -2.8%
2007 80.74 Index, 2015=100 -3.8%
2008 84.05 Index, 2015=100 +4.1%
2009 87.27 Index, 2015=100 +3.8%
2010 90.57 Index, 2015=100 +3.8%
2011 98.9 Index, 2015=100 +9.2%
2012 94.71 Index, 2015=100 -4.2%
2013 93.83 Index, 2015=100 -0.9%
2014 94.93 Index, 2015=100 +1.2%
2015 100 Index, 2015=100 +5.3%
2016 98.02 Index, 2015=100 -2.0%
2017 96.8 Index, 2015=100 -1.3%
2018 94.63 Index, 2015=100 -2.2%
2019 95.46 Index, 2015=100 +0.9%
2020 99.31 Index, 2015=100 +4.0%
2021 96.52 Index, 2015=100 -2.8%
2022 95.59 Index, 2015=100 -1.0%
2023 100.5 Index, 2015=100 +5.1%
2024 101.97 Index, 2015=100 +1.5%
2025 103.69 Index, 2015=100 +1.7%

Switzerland compared with similar countries

  • Switzerland's 103.69 Index, 2015=100 is below the median for Europe & Central Asia, which is 105.3 Index, 2015=100, 98% of the median. (30 countries reporting)
  • Switzerland's 103.69 Index, 2015=100 is below the median for high income countries, which is 105.28 Index, 2015=100, 98% of the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 90.12 Index, 2015=100 85.67 Index, 2015=100 97.04 Index, 2015=100 6
2000s 85.59 Index, 2015=100 80.74 Index, 2015=100 89.11 Index, 2015=100 10
2010s 95.79 Index, 2015=100 90.57 Index, 2015=100 100 Index, 2015=100 10
2020s 99.6 Index, 2015=100 95.59 Index, 2015=100 103.69 Index, 2015=100 6

Countries ranked near Switzerland

  1. 28 Australia 106.66 Index, 2015=100 compare
  2. 29 Mexico 104.29 Index, 2015=100 compare
  3. 30 Spain 103.9 Index, 2015=100 compare
  4. 32 Slovenia 102.7 Index, 2015=100 compare
  5. 32 Slovenia 102.7 Index, 2015=100 compare
  6. 34 France 102.6 Index, 2015=100 compare
  7. 34 Luxembourg 102.6 Index, 2015=100 compare

See the full ranking of 58 places →

More reference data data for Switzerland

All data for Switzerland →

Frequently asked questions

What is real effective exchange rate - percentage changes, 42 trading partners in Switzerland?
Real effective exchange rate - percentage changes, 42 trading partners in Switzerland was 103.69 Index, 2015=100 in 2025, according to Eurostat.
What is the highest real effective exchange rate - percentage changes, 42 trading partners recorded in Switzerland?
The highest recorded value was 103.69 Index, 2015=100 in 2025.
What is the lowest real effective exchange rate - percentage changes, 42 trading partners recorded in Switzerland?
The lowest recorded value was 80.74 Index, 2015=100 in 2007.
How does Switzerland rank for real effective exchange rate - percentage changes, 42 trading partners?
Switzerland ranks 31st out of 55 countries with data for 2025.
Is real effective exchange rate - percentage changes, 42 trading partners rising or falling in Switzerland?
Over the last ten years it is up 3.7%. The long-run trend across the full record is rising.
Where does this Switzerland 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 Switzerland. Statizoid, drawing on Eurostat. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/real-effective-exchange-rate-percentage-changes-42-trading-partners/switzerland/

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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