{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"real-effective-exchange-rate","source":"World Bank staff calculations based on Datastream and IMF International Finance Statistics data","source_url":"https://data.worldbank.org/indicator/REER","title":"Real Effective Exchange Rate","unit":null},"observations":[{"date":"1994-01-01","value":120.425},{"date":"1995-01-01","value":121.471},{"date":"1996-01-01","value":123.8},{"date":"1997-01-01","value":115.276},{"date":"1998-01-01","value":87.874},{"date":"1999-01-01","value":100.758},{"date":"2000-01-01","value":108.555},{"date":"2001-01-01","value":102.278},{"date":"2002-01-01","value":107.604},{"date":"2003-01-01","value":108.847},{"date":"2004-01-01","value":110.397},{"date":"2005-01-01","value":123.155},{"date":"2006-01-01","value":131.688},{"date":"2007-01-01","value":129.7},{"date":"2008-01-01","value":104.922},{"date":"2009-01-01","value":92.6713},{"date":"2010-01-01","value":100.009},{"date":"2011-01-01","value":99.8415},{"date":"2012-01-01","value":99.3034},{"date":"2013-01-01","value":103.529},{"date":"2014-01-01","value":109.366},{"date":"2015-01-01","value":109.881},{"date":"2016-01-01","value":108.657},{"date":"2017-01-01","value":112.106},{"date":"2018-01-01","value":112.949},{"date":"2019-01-01","value":107.899},{"date":"2020-01-01","value":105.638},{"date":"2021-01-01","value":105.844},{"date":"2022-01-01","value":100.758},{"date":"2023-01-01","value":102.657},{"date":"2024-01-01","value":101.241}],"summary":{"latest_period":"2024-01-01","latest_value":101.241,"max":131.688,"mean":108.681,"min":87.874,"of":107,"rank":54,"trend":"falling"}}