Real Effective Exchange Rate in Costa Rica

Costa Rica: Real Effective Exchange Rate was 105.74 in 2018. ▲ Rising

Latest (2018)
105.74
Change on year
down 2.6%
World rank
35th
of 107 countries
All-time high
114.59
in 2015
All-time low
84.7
in 2005
Years of data
19
2000–2018

Real Effective Exchange Rate in Costa Rica, 2000–2018

02550751001252000200920182000: 92.12001: 95.82002: 93.62003: 87.62004: 84.82005: 84.72006: 85.32007: 86.52008: 89.12009: 90.32010: 1002011: 101.82012: 106.22013: 110.52014: 106.32015: 114.62016: 113.82017: 108.52018: 105.7

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

Costa Rica recorded 105.74 for real effective exchange rate in 2018.

That represents a change of down 2.6% on the previous year and up 18.6% over ten years.

Over the whole period, real effective exchange rate in Costa Rica peaked at 114.59 in 2015 and was at its lowest, 84.7, in 2005.

That places Costa Rica 35th out of 107 countries with data for 2018, putting it in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 88.99 84.7 95.84 10
2010s 107.5 100 114.59 9

Countries ranked near Costa Rica

  1. 32 Antigua and Barbuda 107.91 compare
  2. 33 Pakistan 107.65 compare
  3. 34 Israel 106.47 compare
  4. 36 Panama 105.73 compare
  5. 37 Mexico 104.98 compare
  6. 38 Guyana 104.61 compare

See the full ranking of 117 places →

More reference data data for Costa Rica

All data for Costa Rica →

Frequently asked questions

What is real effective exchange rate in Costa Rica?
Real effective exchange rate in Costa Rica was 105.74 in 2018, 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 Costa Rica?
The highest recorded value was 114.59 in 2015.
What is the lowest real effective exchange rate recorded in Costa Rica?
The lowest recorded value was 84.7 in 2005.
How does Costa Rica rank for real effective exchange rate?
Costa Rica ranks 35th out of 107 countries with data for 2018.
Is real effective exchange rate rising or falling in Costa Rica?
Over the last ten years it is up 18.6%. The long-run trend across the full record is rising.
Where does this Costa Rica 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.