Real Effective Exchange Rate in Chile
Chile: Real Effective Exchange Rate was 82.8 in 2024. ▼ Falling
Real Effective Exchange Rate in Chile, 1994–2024
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 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.
Real Effective Exchange Rate in Chile, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 96.26 | — |
| 1995 | 102.62 | +6.6% |
| 1996 | 104.71 | +2.0% |
| 1997 | 111.86 | +6.8% |
| 1998 | 111.43 | -0.4% |
| 1999 | 105.54 | -5.3% |
| 2000 | 104.27 | -1.2% |
| 2001 | 94.39 | -9.5% |
| 2002 | 91.68 | -2.9% |
| 2003 | 86.52 | -5.6% |
| 2004 | 92.22 | +6.6% |
| 2005 | 97.4 | +5.6% |
| 2006 | 101.2 | +3.9% |
| 2007 | 98.92 | -2.3% |
| 2008 | 99.09 | +0.2% |
| 2009 | 94.94 | -4.2% |
| 2010 | 99.97 | +5.3% |
| 2011 | 100.28 | +0.3% |
| 2012 | 102.02 | +1.7% |
| 2013 | 100.39 | -1.6% |
| 2014 | 90.54 | -9.8% |
| 2015 | 88.5 | -2.3% |
| 2016 | 89.98 | +1.7% |
| 2017 | 93.35 | +3.7% |
| 2018 | 94.19 | +0.9% |
| 2019 | 89.32 | -5.2% |
| 2020 | 81.95 | -8.2% |
| 2021 | 84.53 | +3.1% |
| 2022 | 81.79 | -3.2% |
| 2023 | 89.71 | +9.7% |
| 2024 | 82.8 | -7.7% |
Chile compared with similar countries
- Chile's 82.8 is below the median for high income countries, which is 101.37, 82% of the median. (50 countries reporting)
- Chile's 82.8 is below the median for Latin America & Caribbean, which is 104.5, 79% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Chile
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9268 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.22 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.33 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2204 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.33 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.11 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.46 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 11.45 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 25.25 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.2 (2050)
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.
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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.