Real Effective Exchange Rate in Denmark
Denmark: Real Effective Exchange Rate was 93.82 in 2024. ▬ Flat
Real Effective Exchange Rate in Denmark, 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 Denmark is 93.82, measured in 2024.
That represents a change of down 0.8% on the previous year and down 4.2% over ten years.
Over the whole period, real effective exchange rate in Denmark peaked at 104.72 in 2009 and was at its lowest, 93.81, in 2000.
That places Denmark 77th out of 107 countries with data for 2024, putting it in the middle of the range.
Real Effective Exchange Rate in Denmark, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 96.24 | — |
| 1995 | 100.58 | +4.5% |
| 1996 | 98.27 | -2.3% |
| 1997 | 95.21 | -3.1% |
| 1998 | 97.51 | +2.4% |
| 1999 | 97.73 | +0.2% |
| 2000 | 93.81 | -4.0% |
| 2001 | 95.12 | +1.4% |
| 2002 | 96.86 | +1.8% |
| 2003 | 101.58 | +4.9% |
| 2004 | 102.21 | +0.6% |
| 2005 | 100.85 | -1.3% |
| 2006 | 100.27 | -0.6% |
| 2007 | 100.78 | +0.5% |
| 2008 | 102.03 | +1.2% |
| 2009 | 104.72 | +2.6% |
| 2010 | 100.03 | -4.5% |
| 2011 | 99.19 | -0.8% |
| 2012 | 96.39 | -2.8% |
| 2013 | 97.08 | +0.7% |
| 2014 | 97.91 | +0.9% |
| 2015 | 94.22 | -3.8% |
| 2016 | 95.47 | +1.3% |
| 2017 | 95.96 | +0.5% |
| 2018 | 96.8 | +0.9% |
| 2019 | 95.32 | -1.5% |
| 2020 | 96.29 | +1.0% |
| 2021 | 95.55 | -0.8% |
| 2022 | 94.05 | -1.6% |
| 2023 | 94.56 | +0.5% |
| 2024 | 93.82 | -0.8% |
Denmark compared with similar countries
- Denmark's 93.82 is below the median for high income countries, which is 101.37, 93% of the median. (50 countries reporting)
- Denmark's 93.82 is below the median for Europe & Central Asia, which is 99.02, 95% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 97.59 | 95.21 | 100.58 | 6 |
| 2000s | 99.82 | 93.81 | 104.72 | 10 |
| 2010s | 96.84 | 94.22 | 100.03 | 10 |
| 2020s | 94.85 | 93.82 | 96.29 | 5 |
Countries ranked near Denmark
More reference data data for Denmark
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.1 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1915 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.65 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4109 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.65 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.7 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 2.16 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.03 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.99 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.24 (2050)
Frequently asked questions
- What is real effective exchange rate in Denmark?
- Real effective exchange rate in Denmark was 93.82 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 Denmark?
- The highest recorded value was 104.72 in 2009.
- What is the lowest real effective exchange rate recorded in Denmark?
- The lowest recorded value was 93.81 in 2000.
- How does Denmark rank for real effective exchange rate?
- Denmark ranks 77th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Denmark?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is flat.
- Where does this Denmark 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.