Real Effective Exchange Rate in Chile

Chile: Real Effective Exchange Rate was 82.8 in 2024. ▼ Falling

Latest (2024)
82.8
Change on year
down 7.7%
World rank
91st
of 107 countries
All-time high
111.86
in 1997
All-time low
81.79
in 2022
Years of data
31
1994–2024

Real Effective Exchange Rate in Chile, 1994–2024

02550751001994200920241994: 96.31995: 102.61996: 104.71997: 111.91998: 111.41999: 105.52000: 104.32001: 94.42002: 91.72003: 86.52004: 92.22005: 97.42006: 101.22007: 98.92008: 99.12009: 94.92010: 1002011: 100.32012: 1022013: 100.42014: 90.52015: 88.52016: 902017: 93.32018: 94.22019: 89.32020: 822021: 84.52022: 81.82023: 89.72024: 82.8

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 Chile is 82.8, measured in 2024.

The figure is down 7.7% on the previous year and down 8.5% over ten years.

Over the whole period, real effective exchange rate in Chile peaked at 111.86 in 1997 and was at its lowest, 81.79, in 2022.

That places Chile 91st out of 107 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 105.4 96.26 111.86 6
2000s 96.06 86.52 104.27 10
2010s 94.85 88.5 102.02 10
2020s 84.16 81.79 89.71 5

Countries ranked near Chile

  1. 88 Zambia 88.44 compare
  2. 89 Dominican Republic 87.84 compare
  3. 90 Sweden 84.01 compare
  4. 92 Canada 82.31 compare
  5. 93 Malaysia 82 compare
  6. 94 Russia 80.63 compare

See the full ranking of 117 places →

More reference data data for Chile

All data for Chile →

Frequently asked questions

What is real effective exchange rate in Chile?
Real effective exchange rate in Chile was 82.8 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 Chile?
The highest recorded value was 111.86 in 1997.
What is the lowest real effective exchange rate recorded in Chile?
The lowest recorded value was 81.79 in 2022.
How does Chile rank for real effective exchange rate?
Chile ranks 91st out of 107 countries with data for 2024.
Is real effective exchange rate rising or falling in Chile?
Over the last ten years it is down 8.5%. The long-run trend across the full record is falling.
Where does this Chile 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.

Download this data

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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.