Real Effective Exchange Rate in Bulgaria

Bulgaria: Real Effective Exchange Rate was 118.09 in 2024. β–² Rising

Latest (2024)
118.09
Change on year
up 0.1%
World rank
19th
of 107 countries
All-time high
118.09
in 2024
All-time low
45.03
in 1996
Years of data
29
1996–2024

Real Effective Exchange Rate in Bulgaria, 1996–2024

02550751001251996201020241996: 451997: 55.11998: 64.51999: 67.62000: 69.52001: 732002: 75.92003: 792004: 82.72005: 82.72006: 86.42007: 91.42008: 99.12009: 103.52010: 1002011: 101.72012: 100.12013: 100.72014: 100.12015: 972016: 97.22017: 98.52018: 101.82019: 102.32020: 105.22021: 106.62022: 111.62023: 1182024: 118.1

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 16 Czechia 119.59 compare
  2. 17 Burundi 118.31 compare
  3. 18 Democratic Republic of Congo 118.21 compare
  4. 20 Philippines 117.37 compare
  5. 21 Uruguay 116.75 compare
  6. 22 China 114.33 compare

See the full ranking of 117 places β†’

More reference data data for Bulgaria

All data for Bulgaria β†’

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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About this data

Indicator
Real Effective Exchange Rate
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 2,839 data points, 1994–2024
Last refreshed

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.