Real Effective Exchange Rate in Brazil
Brazil: Real Effective Exchange Rate was 61.12 in 2024. ▼ Falling
Real Effective Exchange Rate in Brazil, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2024, real effective exchange rate in Brazil stood at 61.12.
Compared with earlier readings it is down 2.5% on the previous year and down 27.5% over ten years.
Over the whole period, real effective exchange rate in Brazil peaked at 105.06 in 1997 and was at its lowest, 53.2, in 2021.
Brazil ranks 104th of 107 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Real Effective Exchange Rate in Brazil, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 88.3 | — |
| 1995 | 97.53 | +10.4% |
| 1996 | 102.59 | +5.2% |
| 1997 | 105.06 | +2.4% |
| 1998 | 103.27 | -1.7% |
| 1999 | 69.3 | -32.9% |
| 2000 | 74.53 | +7.5% |
| 2001 | 63.1 | -15.3% |
| 2002 | 58.24 | -7.7% |
| 2003 | 56.61 | -2.8% |
| 2004 | 59.12 | +4.4% |
| 2005 | 72.76 | +23.1% |
| 2006 | 81.31 | +11.7% |
| 2007 | 87.05 | +7.1% |
| 2008 | 89.82 | +3.2% |
| 2009 | 88.79 | -1.1% |
| 2010 | 99.96 | +12.6% |
| 2011 | 103.24 | +3.3% |
| 2012 | 92.17 | -10.7% |
| 2013 | 86.56 | -6.1% |
| 2014 | 84.29 | -2.6% |
| 2015 | 69.64 | -17.4% |
| 2016 | 73.09 | +5.0% |
| 2017 | 79.52 | +8.8% |
| 2018 | 70.97 | -10.8% |
| 2019 | 69.53 | -2.0% |
| 2020 | 55.1 | -20.8% |
| 2021 | 53.2 | -3.4% |
| 2022 | 59.81 | +12.4% |
| 2023 | 62.7 | +4.8% |
| 2024 | 61.12 | -2.5% |
Brazil compared with similar countries
- Brazil's 61.12 is below the median for upper middle income countries, which is 101.79, 60% of the median. (32 countries reporting)
- Brazil's 61.12 is below the median for Latin America & Caribbean, which is 104.5, 58% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 94.34 | 69.3 | 105.06 | 6 |
| 2000s | 73.13 | 56.61 | 89.82 | 10 |
| 2010s | 82.9 | 69.53 | 103.24 | 10 |
| 2020s | 58.39 | 53.2 | 62.7 | 5 |
Countries ranked near Brazil
More reference data data for Brazil
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 13.82 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 72.83 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 139.27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 9.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 139.27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 46.34 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 18.99 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 405.35 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 699.19 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 49.04 (2050)
Frequently asked questions
- What is real effective exchange rate in Brazil?
- Real effective exchange rate in Brazil was 61.12 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest real effective exchange rate recorded in Brazil?
- The highest recorded value was 105.06 in 1997.
- What is the lowest real effective exchange rate recorded in Brazil?
- The lowest recorded value was 53.2 in 2021.
- How does Brazil rank for real effective exchange rate?
- Brazil ranks 104th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Brazil?
- Over the last ten years it is down 27.5%. The long-run trend across the full record is falling.
- Where does this Brazil data come from?
- The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Real Effective Exchange Rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.