Real Effective Exchange Rate in Colombia

Colombia: Real Effective Exchange Rate was 72.41 in 2024. β–Ό Falling

Latest (2024)
72.41
Change on year
up 12.6%
World rank
101st
of 107 countries
All-time high
103.86
in 2012
All-time low
60.7
in 2022
Years of data
31
1994–2024

Real Effective Exchange Rate in Colombia, 1994–2024

02550751001994200920241994: 89.91995: 91.11996: 97.71997: 103.81998: 97.61999: 88.22000: 80.42001: 782002: 77.82003: 68.42004: 75.12005: 84.42006: 82.62007: 91.82008: 94.52009: 90.32010: 1002011: 98.52012: 103.92013: 99.62014: 94.92015: 77.62016: 74.62017: 77.52018: 77.62019: 72.72020: 66.62021: 63.92022: 60.72023: 64.32024: 72.4

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 98 Malawi 76.76 compare
  2. 99 Egypt 74.06 compare
  3. 100 Norway 73.9 compare
  4. 102 South Africa 70.66 compare
  5. 103 Ghana 67 compare
  6. 104 Brazil 61.12 compare

See the full ranking of 117 places β†’

More reference data data for Colombia

All data for Colombia β†’

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.

Download this data

CSV Β· JSON β€” 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.