Real Effective Exchange Rate in Kuwait

Kuwait: Real Effective Exchange Rate was 120.75 in 2024. β–² Rising

Latest (2024)
120.75
Change on year
up 1.9%
World rank
15th
of 107 countries
All-time high
120.75
in 2024
All-time low
85.03
in 1995
Years of data
31
1994–2024

Real Effective Exchange Rate in Kuwait, 1994–2024

02550751001251994200920241994: 90.21995: 851996: 87.91997: 91.61998: 95.41999: 95.72000: 99.22001: 1042002: 102.42003: 95.32004: 90.82005: 92.72006: 93.42007: 93.22008: 100.52009: 1002010: 1002011: 100.62012: 1042013: 104.52014: 106.72015: 112.32016: 1162017: 116.62018: 113.32019: 115.42020: 114.42021: 113.32022: 117.12023: 118.52024: 120.8

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

Analysis

Kuwait recorded 120.75 for real effective exchange rate in 2024. That is the highest value across all 31 years on record.

The figure is up 1.9% on the previous year and up 13.2% over ten years.

Over the whole period, real effective exchange rate in Kuwait peaked at 120.75 in 2024 and was at its lowest, 85.03, in 1995.

Kuwait ranks 15th of 107 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 90.98 85.03 95.67 6
2000s 97.15 90.78 104.04 10
2010s 108.93 99.98 116.58 10
2020s 116.79 113.26 120.75 5

Countries ranked near Kuwait

  1. 12 Moldova 122.36 compare
  2. 13 Singapore 121.9 compare
  3. 14 Papua New Guinea 120.86 compare
  4. 16 Czechia 119.59 compare
  5. 17 Burundi 118.31 compare
  6. 18 Democratic Republic of Congo 118.21 compare

See the full ranking of 117 places β†’

More reference data data for Kuwait

All data for Kuwait β†’

Frequently asked questions

What is real effective exchange rate in Kuwait?
Real effective exchange rate in Kuwait was 120.75 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 Kuwait?
The highest recorded value was 120.75 in 2024.
What is the lowest real effective exchange rate recorded in Kuwait?
The lowest recorded value was 85.03 in 1995.
How does Kuwait rank for real effective exchange rate?
Kuwait ranks 15th out of 107 countries with data for 2024.
Is real effective exchange rate rising or falling in Kuwait?
Over the last ten years it is up 13.2%. The long-run trend across the full record is rising.
Where does this Kuwait 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.