Real Effective Exchange Rate in Dominica
Dominica: Real Effective Exchange Rate was 101.85 in 2018. ▼ Falling
Real Effective Exchange Rate in Dominica, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Dominica recorded 101.85 for real effective exchange rate in 2018.
The figure is down 0.7% on the previous year and up 1.8% over ten years.
Over the whole period, real effective exchange rate in Dominica peaked at 121.94 in 2001 and was at its lowest, 94.22, in 2014.
That places Dominica 50th out of 107 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Real Effective Exchange Rate in Dominica, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 120.32 | — |
| 2001 | 121.94 | +1.3% |
| 2002 | 120.19 | -1.4% |
| 2003 | 117.55 | -2.2% |
| 2004 | 112.81 | -4.0% |
| 2005 | 107.86 | -4.4% |
| 2006 | 106.11 | -1.6% |
| 2007 | 102.69 | -3.2% |
| 2008 | 100.05 | -2.6% |
| 2009 | 101.26 | +1.2% |
| 2010 | 100 | -1.2% |
| 2011 | 95.2 | -4.8% |
| 2012 | 95.55 | +0.4% |
| 2013 | 94.52 | -1.1% |
| 2014 | 94.22 | -0.3% |
| 2015 | 98.27 | +4.3% |
| 2016 | 101.84 | +3.6% |
| 2017 | 102.61 | +0.8% |
| 2018 | 101.85 | -0.7% |
Dominica compared with similar countries
- Dominica's 101.85 is above the median for upper middle income countries, which is 101.79, 1.0× the median. (32 countries reporting)
- Dominica's 101.85 is below the median for Latin America & Caribbean, which is 104.5, 97% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 111.08 | 100.05 | 121.94 | 10 |
| 2010s | 98.23 | 94.22 | 102.61 | 9 |
Countries ranked near Dominica
More reference data data for Dominica
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0139 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 58.13 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure applied to Soils 4.2 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure Management 2.69 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 9.13 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 1.34 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 4.2 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 17.31 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 0.0277 (2050)
- Emission Totals - Direct emissions (N2O) - Agricultural Soils 0.0463 (2050)
Frequently asked questions
- What is real effective exchange rate in Dominica?
- Real effective exchange rate in Dominica was 101.85 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 Dominica?
- The highest recorded value was 121.94 in 2001.
- What is the lowest real effective exchange rate recorded in Dominica?
- The lowest recorded value was 94.22 in 2014.
- How does Dominica rank for real effective exchange rate?
- Dominica ranks 50th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Dominica?
- Over the last ten years it is up 1.8%. The long-run trend across the full record is falling.
- Where does this Dominica 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 · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.