Real Effective Exchange Rate in Bulgaria
Bulgaria: Real Effective Exchange Rate was 118.09 in 2024. ▲ Rising
Real Effective Exchange Rate in Bulgaria, 1996–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
The most recent figure for real effective exchange rate in Bulgaria is 118.09, measured in 2024. That is the highest value across all 29 years on record.
The figure is up 0.1% on the previous year and up 18.0% over ten years.
Over the whole period, real effective exchange rate in Bulgaria peaked at 118.09 in 2024 and was at its lowest, 45.03, in 1996.
Bulgaria ranks 19th of 107 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Real Effective Exchange Rate in Bulgaria, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 45.03 | — |
| 1997 | 55.15 | +22.5% |
| 1998 | 64.49 | +16.9% |
| 1999 | 67.59 | +4.8% |
| 2000 | 69.53 | +2.9% |
| 2001 | 72.96 | +4.9% |
| 2002 | 75.91 | +4.0% |
| 2003 | 79.03 | +4.1% |
| 2004 | 82.68 | +4.6% |
| 2005 | 82.74 | +0.1% |
| 2006 | 86.37 | +4.4% |
| 2007 | 91.37 | +5.8% |
| 2008 | 99.12 | +8.5% |
| 2009 | 103.52 | +4.4% |
| 2010 | 100.02 | -3.4% |
| 2011 | 101.68 | +1.7% |
| 2012 | 100.1 | -1.6% |
| 2013 | 100.73 | +0.6% |
| 2014 | 100.07 | -0.7% |
| 2015 | 97.01 | -3.1% |
| 2016 | 97.16 | +0.1% |
| 2017 | 98.54 | +1.4% |
| 2018 | 101.76 | +3.3% |
| 2019 | 102.28 | +0.5% |
| 2020 | 105.15 | +2.8% |
| 2021 | 106.57 | +1.3% |
| 2022 | 111.63 | +4.7% |
| 2023 | 117.99 | +5.7% |
| 2024 | 118.09 | +0.1% |
Bulgaria compared with similar countries
- Bulgaria's 118.09 is above the median for high income countries, which is 101.37, 1.2× the median. (50 countries reporting)
- Bulgaria's 118.09 is above the median for Europe & Central Asia, which is 99.02, 1.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 58.06 | 45.03 | 67.59 | 4 |
| 2000s | 84.32 | 69.53 | 103.52 | 10 |
| 2010s | 99.94 | 97.01 | 102.28 | 10 |
| 2020s | 111.89 | 105.15 | 118.09 | 5 |
Countries ranked near Bulgaria
More reference data data for Bulgaria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3067 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2728 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.73 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2506 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.73 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.03 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.608 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.02 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 7.74 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.36 (2050)
Frequently asked questions
- What is real effective exchange rate in Bulgaria?
- Real effective exchange rate in Bulgaria was 118.09 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 Bulgaria?
- The highest recorded value was 118.09 in 2024.
- What is the lowest real effective exchange rate recorded in Bulgaria?
- The lowest recorded value was 45.03 in 1996.
- How does Bulgaria rank for real effective exchange rate?
- Bulgaria ranks 19th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Bulgaria?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is rising.
- Where does this Bulgaria 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 — 29 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.