Real Effective Exchange Rate in Colombia
Colombia: Real Effective Exchange Rate was 72.41 in 2024. ▼ Falling
Real Effective Exchange Rate in Colombia, 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 Colombia is 72.41, measured in 2024.
Compared with earlier readings it is up 12.6% on the previous year and down 23.7% over ten years.
Over the whole period, real effective exchange rate in Colombia peaked at 103.86 in 2012 and was at its lowest, 60.7, in 2022.
That places Colombia 101st 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 Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 89.86 | — |
| 1995 | 91.11 | +1.4% |
| 1996 | 97.73 | +7.3% |
| 1997 | 103.78 | +6.2% |
| 1998 | 97.63 | -5.9% |
| 1999 | 88.25 | -9.6% |
| 2000 | 80.41 | -8.9% |
| 2001 | 78.02 | -3.0% |
| 2002 | 77.79 | -0.3% |
| 2003 | 68.44 | -12.0% |
| 2004 | 75.14 | +9.8% |
| 2005 | 84.42 | +12.3% |
| 2006 | 82.56 | -2.2% |
| 2007 | 91.75 | +11.1% |
| 2008 | 94.54 | +3.0% |
| 2009 | 90.26 | -4.5% |
| 2010 | 99.98 | +10.8% |
| 2011 | 98.54 | -1.4% |
| 2012 | 103.86 | +5.4% |
| 2013 | 99.61 | -4.1% |
| 2014 | 94.86 | -4.8% |
| 2015 | 77.56 | -18.2% |
| 2016 | 74.64 | -3.8% |
| 2017 | 77.5 | +3.8% |
| 2018 | 77.59 | +0.1% |
| 2019 | 72.66 | -6.3% |
| 2020 | 66.58 | -8.4% |
| 2021 | 63.93 | -4.0% |
| 2022 | 60.7 | -5.1% |
| 2023 | 64.28 | +5.9% |
| 2024 | 72.41 | +12.6% |
Colombia compared with similar countries
- Colombia's 72.41 is below the median for upper middle income countries, which is 101.79, 71% of the median. (32 countries reporting)
- Colombia's 72.41 is below the median for Latin America & Caribbean, which is 104.5, 69% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 94.73 | 88.25 | 103.78 | 6 |
| 2000s | 82.33 | 68.44 | 94.54 | 10 |
| 2010s | 87.68 | 72.66 | 103.86 | 10 |
| 2020s | 65.58 | 60.7 | 72.41 | 5 |
Countries ranked near Colombia
More reference data data for Colombia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 11.17 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 19.02 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4113 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 19.02 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 9.81 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 2.67 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 61.25 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 94.56 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.24 (2050)
Frequently asked questions
- What is real effective exchange rate in Colombia?
- Real effective exchange rate in Colombia was 72.41 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 Colombia?
- The highest recorded value was 103.86 in 2012.
- What is the lowest real effective exchange rate recorded in Colombia?
- The lowest recorded value was 60.7 in 2022.
- How does Colombia rank for real effective exchange rate?
- Colombia ranks 101st out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Colombia?
- Over the last ten years it is down 23.7%. The long-run trend across the full record is falling.
- Where does this Colombia 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
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.