Real Effective Exchange Rate in Greece

Greece: Real Effective Exchange Rate was 90.81 in 2018. ▬ Flat

Latest (2018)
90.81
Change on year
up 0.6%
World rank
83rd
of 107 countries
All-time high
100.77
in 2009
All-time low
85.14
in 2000
Years of data
19
2000–2018

Real Effective Exchange Rate in Greece, 2000–2018

02550751002000200920182000: 85.12001: 86.22002: 88.82003: 94.72004: 96.32005: 96.12006: 96.62007: 97.92008: 99.52009: 100.82010: 1002011: 100.72012: 97.52013: 96.52014: 94.92015: 89.62016: 89.72017: 90.32018: 90.8

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

Analysis

Greece recorded 90.81 for real effective exchange rate in 2018.

Compared with earlier readings it is up 0.6% on the previous year and down 8.7% over ten years.

Over the whole period, real effective exchange rate in Greece peaked at 100.77 in 2009 and was at its lowest, 85.14, in 2000.

That places Greece 83rd out of 107 countries with data for 2018, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 94.19 85.14 100.77 10
2010s 94.44 89.56 100.73 9

Countries ranked near Greece

  1. 80 Indonesia 91.86 compare
  2. 81 Australia 91.43 compare
  3. 82 Iran 91.2 compare
  4. 84 Ireland 90.76 compare
  5. 85 Cyprus 90.07 compare
  6. 86 Uganda 90.05 compare

See the full ranking of 117 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is real effective exchange rate in Greece?
Real effective exchange rate in Greece was 90.81 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 Greece?
The highest recorded value was 100.77 in 2009.
What is the lowest real effective exchange rate recorded in Greece?
The lowest recorded value was 85.14 in 2000.
How does Greece rank for real effective exchange rate?
Greece ranks 83rd out of 107 countries with data for 2018.
Is real effective exchange rate rising or falling in Greece?
Over the last ten years it is down 8.7%. The long-run trend across the full record is flat.
Where does this Greece 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.