Real Effective Exchange Rate in Finland

Finland: Real Effective Exchange Rate was 98.64 in 2018. β–Ό Falling

Latest (2018)
98.64
Change on year
up 2.0%
World rank
62nd
of 107 countries
All-time high
107.06
in 2003
All-time low
96.11
in 2015
Years of data
19
2000–2018

Real Effective Exchange Rate in Finland, 2000–2018

02550751002000200920182000: 1002001: 100.62002: 102.12003: 107.12004: 1072005: 103.82006: 102.52007: 1042008: 105.72009: 106.72010: 1002011: 99.82012: 972013: 992014: 100.52015: 96.12016: 97.22017: 96.72018: 98.6

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 Finland is 98.64, measured in 2018.

That represents a change of up 2.0% on the previous year and down 6.7% over ten years.

Over the whole period, real effective exchange rate in Finland peaked at 107.06 in 2003 and was at its lowest, 96.11, in 2015.

Finland ranks 62nd of 107 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 103.94 99.98 107.06 10
2010s 98.32 96.11 100.46 9

Countries ranked near Finland

  1. 59 Slovakia 99.9 compare
  2. 60 North Macedonia 99.8 compare
  3. 61 Netherlands 99.4 compare
  4. 63 Georgia 98.19 compare
  5. 64 Morocco 98.03 compare
  6. 65 Cameroon 97.92 compare

See the full ranking of 117 places β†’

More reference data data for Finland

All data for Finland β†’

Frequently asked questions

What is real effective exchange rate in Finland?
Real effective exchange rate in Finland was 98.64 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 Finland?
The highest recorded value was 107.06 in 2003.
What is the lowest real effective exchange rate recorded in Finland?
The lowest recorded value was 96.11 in 2015.
How does Finland rank for real effective exchange rate?
Finland ranks 62nd out of 107 countries with data for 2018.
Is real effective exchange rate rising or falling in Finland?
Over the last ten years it is down 6.7%. The long-run trend across the full record is falling.
Where does this Finland 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.