Real Effective Exchange Rate in Indonesia

Indonesia: Real Effective Exchange Rate was 91.86 in 2024. ▼ Falling

Latest (2024)
91.86
Change on year
down 1.6%
World rank
80th
of 107 countries
All-time high
143.31
in 1996
All-time low
64.41
in 1998
Years of data
31
1994–2024

Real Effective Exchange Rate in Indonesia, 1994–2024

0501001501994200920241994: 136.31995: 132.41996: 143.31997: 134.71998: 64.41999: 94.62000: 92.22001: 87.82002: 103.12003: 104.52004: 99.62005: 97.32006: 112.92007: 105.52008: 92.32009: 88.72010: 1002011: 100.22012: 96.52013: 92.92014: 86.92015: 89.42016: 93.42017: 94.92018: 89.12019: 92.92020: 91.42021: 902022: 92.92023: 93.42024: 91.9

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

Analysis

Indonesia recorded 91.86 for real effective exchange rate in 2024.

Compared with earlier readings it is down 1.6% on the previous year and up 5.7% over ten years.

Over the whole period, real effective exchange rate in Indonesia peaked at 143.31 in 1996 and was at its lowest, 64.41, in 1998.

That places Indonesia 80th out of 107 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 117.63 64.41 143.31 6
2000s 98.4 87.79 112.88 10
2010s 93.62 86.91 100.18 10
2020s 91.89 89.97 93.39 5

Countries ranked near Indonesia

  1. 77 Denmark 93.82 compare
  2. 78 Algeria 93.28 compare
  3. 79 Hungary 93.19 compare
  4. 81 Australia 91.43 compare
  5. 82 Iran 91.2 compare
  6. 83 Greece 90.81 compare

See the full ranking of 117 places →

More reference data data for Indonesia

All data for Indonesia →

Frequently asked questions

What is real effective exchange rate in Indonesia?
Real effective exchange rate in Indonesia was 91.86 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 Indonesia?
The highest recorded value was 143.31 in 1996.
What is the lowest real effective exchange rate recorded in Indonesia?
The lowest recorded value was 64.41 in 1998.
How does Indonesia rank for real effective exchange rate?
Indonesia ranks 80th out of 107 countries with data for 2024.
Is real effective exchange rate rising or falling in Indonesia?
Over the last ten years it is up 5.7%. The long-run trend across the full record is falling.
Where does this Indonesia 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.