Real Effective Exchange Rate in Greece
Greece: Real Effective Exchange Rate was 90.81 in 2018. ▬ Flat
Real Effective Exchange Rate in Greece, 2000–2018
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.
Real Effective Exchange Rate in Greece, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 85.14 | — |
| 2001 | 86.16 | +1.2% |
| 2002 | 88.8 | +3.1% |
| 2003 | 94.7 | +6.6% |
| 2004 | 96.29 | +1.7% |
| 2005 | 96.09 | -0.2% |
| 2006 | 96.64 | +0.6% |
| 2007 | 97.89 | +1.3% |
| 2008 | 99.46 | +1.6% |
| 2009 | 100.77 | +1.3% |
| 2010 | 100 | -0.8% |
| 2011 | 100.73 | +0.7% |
| 2012 | 97.49 | -3.2% |
| 2013 | 96.47 | -1.1% |
| 2014 | 94.87 | -1.7% |
| 2015 | 89.56 | -5.6% |
| 2016 | 89.74 | +0.2% |
| 2017 | 90.3 | +0.6% |
| 2018 | 90.81 | +0.6% |
Greece compared with similar countries
- Greece's 90.81 is below the median for high income countries, which is 101.37, 90% of the median. (50 countries reporting)
- Greece's 90.81 is below the median for Europe & Central Asia, which is 99.02, 92% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94.19 | 85.14 | 100.77 | 10 |
| 2010s | 94.44 | 89.56 | 100.73 | 9 |
Countries ranked near Greece
More reference data data for Greece
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4067 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.38 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2183 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.36 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.7298 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 4.78 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 11.6 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.19 (2050)
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
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.