Real Effective Exchange Rate in Israel
Israel: Real Effective Exchange Rate was 106.47 in 2024. ▬ Flat
Real Effective Exchange Rate in Israel, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2024, real effective exchange rate in Israel stood at 106.47.
Compared with earlier readings it is up 0.2% on the previous year and up 4.0% over ten years.
Over the whole period, real effective exchange rate in Israel peaked at 116.36 in 2022 and was at its lowest, 87.95, in 2006.
Israel ranks 34th of 107 countries on this measure, in the middle of the range.
Real Effective Exchange Rate in Israel, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 101.88 | — |
| 1995 | 103.47 | +1.6% |
| 1996 | 108.46 | +4.8% |
| 1997 | 113.9 | +5.0% |
| 1998 | 111.58 | -2.0% |
| 1999 | 107.76 | -3.4% |
| 2000 | 114.75 | +6.5% |
| 2001 | 113.96 | -0.7% |
| 2002 | 102.97 | -9.6% |
| 2003 | 97.24 | -5.6% |
| 2004 | 90.82 | -6.6% |
| 2005 | 88.39 | -2.7% |
| 2006 | 87.95 | -0.5% |
| 2007 | 88.44 | +0.6% |
| 2008 | 98.1 | +10.9% |
| 2009 | 95.74 | -2.4% |
| 2010 | 99.99 | +4.4% |
| 2011 | 100.26 | +0.3% |
| 2012 | 95.41 | -4.8% |
| 2013 | 101.31 | +6.2% |
| 2014 | 102.36 | +1.0% |
| 2015 | 102.21 | -0.2% |
| 2016 | 103.9 | +1.7% |
| 2017 | 108.81 | +4.7% |
| 2018 | 106.26 | -2.3% |
| 2019 | 109.75 | +3.3% |
| 2020 | 111.9 | +2.0% |
| 2021 | 114.67 | +2.5% |
| 2022 | 116.36 | +1.5% |
| 2023 | 106.27 | -8.7% |
| 2024 | 106.47 | +0.2% |
Israel compared with similar countries
- Israel's 106.47 is above the median for high income countries, which is 101.37, 1.1× the median. (50 countries reporting)
- Israel's 106.47 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 98.03, 1.1× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 107.84 | 101.88 | 113.9 | 6 |
| 2000s | 97.84 | 87.95 | 114.75 | 10 |
| 2010s | 103.02 | 95.41 | 109.75 | 10 |
| 2020s | 111.13 | 106.27 | 116.36 | 5 |
Countries ranked near Israel
- 31 United Kingdom 108.67 compare
- 32 Antigua and Barbuda 107.91 compare
- 33 Pakistan 107.65 compare
- 35 Costa Rica 105.74 compare
- 36 Panama 105.73 compare
- 37 Mexico 104.98 compare
More reference data data for Israel
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0882 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3364 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.719 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0191 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.719 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2959 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1891 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.78 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 3.5 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.104 (2050)
Frequently asked questions
- What is real effective exchange rate in Israel?
- Real effective exchange rate in Israel was 106.47 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 Israel?
- The highest recorded value was 116.36 in 2022.
- What is the lowest real effective exchange rate recorded in Israel?
- The lowest recorded value was 87.95 in 2006.
- How does Israel rank for real effective exchange rate?
- Israel ranks 34th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Israel?
- Over the last ten years it is up 4.0%. The long-run trend across the full record is flat.
- Where does this Israel 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.