Real Effective Exchange Rate in Latvia
Latvia: Real Effective Exchange Rate was 102.84 in 2018. ▲ Rising
Real Effective Exchange Rate in Latvia, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2018, real effective exchange rate in Latvia stood at 102.84.
Compared with earlier readings it is up 2.9% on the previous year and up 0.6% over ten years.
Over the whole period, real effective exchange rate in Latvia peaked at 108 in 2009 and was at its lowest, 83.94, in 2005.
Latvia ranks 47th of 107 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 91.84 | 83.94 | 108 | 10 |
| 2010s | 99.97 | 98.29 | 102.84 | 9 |
Countries ranked near Latvia
- 44 Saint Vincent and the Grenadines 103.92 compare
- 45 Gabon 103.15 compare
- 46 New Zealand 102.87 compare
- 48 Austria 102.77 compare
- 49 Saint Lucia 102.36 compare
- 50 Dominica 101.85 compare
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is real effective exchange rate in Latvia?
- Real effective exchange rate in Latvia was 102.84 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 Latvia?
- The highest recorded value was 108 in 2009.
- What is the lowest real effective exchange rate recorded in Latvia?
- The lowest recorded value was 83.94 in 2005.
- How does Latvia rank for real effective exchange rate?
- Latvia ranks 47th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Latvia?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is rising.
- Where does this Latvia 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.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.