Real Effective Exchange Rate in Croatia
Croatia: Real Effective Exchange Rate was 104.28 in 2024. ▲ Rising
Real Effective Exchange Rate in Croatia, 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 Croatia is 104.28, measured in 2024. That is the highest value across all 31 years on record.
The figure is up 0.2% on the previous year and up 9.7% over ten years.
Over the whole period, real effective exchange rate in Croatia peaked at 104.28 in 2024 and was at its lowest, 83.83, in 1994.
Croatia ranks 43rd of 107 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Real Effective Exchange Rate in Croatia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 83.83 | — |
| 1995 | 87.77 | +4.7% |
| 1996 | 87.06 | -0.8% |
| 1997 | 87.44 | +0.4% |
| 1998 | 90.34 | +3.3% |
| 1999 | 86.62 | -4.1% |
| 2000 | 86.81 | +0.2% |
| 2001 | 90.84 | +4.6% |
| 2002 | 92.34 | +1.7% |
| 2003 | 92.95 | +0.7% |
| 2004 | 94.62 | +1.8% |
| 2005 | 95.67 | +1.1% |
| 2006 | 97.35 | +1.8% |
| 2007 | 98.26 | +0.9% |
| 2008 | 102.51 | +4.3% |
| 2009 | 103.63 | +1.1% |
| 2010 | 100.02 | -3.5% |
| 2011 | 97.38 | -2.6% |
| 2012 | 94.97 | -2.5% |
| 2013 | 95.9 | +1.0% |
| 2014 | 95.09 | -0.8% |
| 2015 | 92.53 | -2.7% |
| 2016 | 92.91 | +0.4% |
| 2017 | 93.66 | +0.8% |
| 2018 | 95.01 | +1.4% |
| 2019 | 94.63 | -0.4% |
| 2020 | 98.95 | +4.6% |
| 2021 | 101.05 | +2.1% |
| 2022 | 101.93 | +0.9% |
| 2023 | 104.09 | +2.1% |
| 2024 | 104.28 | +0.2% |
Croatia compared with similar countries
- Croatia's 104.28 is above the median for high income countries, which is 101.37, 1.0× the median. (50 countries reporting)
- Croatia's 104.28 is above the median for Europe & Central Asia, which is 99.02, 1.1× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 87.18 | 83.83 | 90.34 | 6 |
| 2000s | 95.5 | 86.81 | 103.63 | 10 |
| 2010s | 95.21 | 92.53 | 100.02 | 10 |
| 2020s | 102.06 | 98.95 | 104.28 | 5 |
Countries ranked near Croatia
- 40 Peru 104.5 compare
- 41 Equatorial Guinea 104.39 compare
- 42 Samoa 104.38 compare
- 44 Saint Vincent and the Grenadines 103.92 compare
- 45 Gabon 103.15 compare
- 46 New Zealand 102.87 compare
More reference data data for Croatia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2598 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1516 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.85 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1326 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.85 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.8711 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5399 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6476 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 8.13 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.7218 (2050)
Frequently asked questions
- What is real effective exchange rate in Croatia?
- Real effective exchange rate in Croatia was 104.28 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 Croatia?
- The highest recorded value was 104.28 in 2024.
- What is the lowest real effective exchange rate recorded in Croatia?
- The lowest recorded value was 83.83 in 1994.
- How does Croatia rank for real effective exchange rate?
- Croatia ranks 43rd out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Croatia?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is rising.
- Where does this Croatia 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.