Real Effective Exchange Rate in Pakistan
Pakistan: Real Effective Exchange Rate was 107.65 in 2024. ▼ Falling
Real Effective Exchange Rate in Pakistan, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2024, real effective exchange rate in Pakistan stood at 107.65.
The figure is up 2.4% on the previous year and up 3.3% over ten years.
Over the whole period, real effective exchange rate in Pakistan peaked at 117.7 in 1994 and was at its lowest, 96.75, in 2008.
Pakistan ranks 33rd of 107 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Real Effective Exchange Rate in Pakistan, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 117.7 | — |
| 1995 | 113.58 | -3.5% |
| 1996 | 113.46 | -0.1% |
| 1997 | 114.67 | +1.1% |
| 1998 | 117.1 | +2.1% |
| 1999 | 115.01 | -1.8% |
| 2000 | 115.02 | +0.0% |
| 2001 | 115.96 | +0.8% |
| 2002 | 116.65 | +0.6% |
| 2003 | 112.05 | -3.9% |
| 2004 | 106.06 | -5.3% |
| 2005 | 103.44 | -2.5% |
| 2006 | 101.81 | -1.6% |
| 2007 | 98.13 | -3.6% |
| 2008 | 96.75 | -1.4% |
| 2009 | 99.58 | +2.9% |
| 2010 | 100 | +0.4% |
| 2011 | 97.19 | -2.8% |
| 2012 | 100.03 | +2.9% |
| 2013 | 102.22 | +2.2% |
| 2014 | 104.2 | +1.9% |
| 2015 | 110.99 | +6.5% |
| 2016 | 110.35 | -0.6% |
| 2017 | 106.92 | -3.1% |
| 2018 | 103.04 | -3.6% |
| 2019 | 103.42 | +0.4% |
| 2020 | 101.42 | -1.9% |
| 2021 | 99.62 | -1.8% |
| 2022 | 103.48 | +3.9% |
| 2023 | 105.08 | +1.5% |
| 2024 | 107.65 | +2.4% |
Pakistan compared with similar countries
- Pakistan's 107.65 is above the median for lower middle income countries, which is 97.6, 1.1× the median. (17 countries reporting)
- Pakistan's 107.65 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 | 115.25 | 113.46 | 117.7 | 6 |
| 2000s | 106.54 | 96.75 | 116.65 | 10 |
| 2010s | 103.83 | 97.19 | 110.99 | 10 |
| 2020s | 103.45 | 99.62 | 107.65 | 5 |
Countries ranked near Pakistan
- 30 Bahrain 109.31 compare
- 31 United Kingdom 108.67 compare
- 32 Antigua and Barbuda 107.91 compare
- 34 Israel 106.47 compare
- 35 Costa Rica 105.74 compare
- 36 Panama 105.73 compare
More reference data data for Pakistan
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 6.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 20.96 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 61.26 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.98 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 61.26 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 20.3 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.75 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 91.27 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 260 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 10.79 (2050)
Frequently asked questions
- What is real effective exchange rate in Pakistan?
- Real effective exchange rate in Pakistan was 107.65 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 Pakistan?
- The highest recorded value was 117.7 in 1994.
- What is the lowest real effective exchange rate recorded in Pakistan?
- The lowest recorded value was 96.75 in 2008.
- How does Pakistan rank for real effective exchange rate?
- Pakistan ranks 33rd out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Pakistan?
- Over the last ten years it is up 3.3%. The long-run trend across the full record is falling.
- Where does this Pakistan 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 — 31 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.