Real Effective Exchange Rate in Pakistan

Pakistan: Real Effective Exchange Rate was 107.65 in 2024. β–Ό Falling

Latest (2024)
107.65
Change on year
up 2.4%
World rank
33rd
of 107 countries
All-time high
117.7
in 1994
All-time low
96.75
in 2008
Years of data
31
1994–2024

Real Effective Exchange Rate in Pakistan, 1994–2024

02550751001251994200920241994: 117.71995: 113.61996: 113.51997: 114.71998: 117.11999: 1152000: 1152001: 1162002: 116.62003: 1122004: 106.12005: 103.42006: 101.82007: 98.12008: 96.82009: 99.62010: 1002011: 97.22012: 1002013: 102.22014: 104.22015: 1112016: 110.32017: 106.92018: 1032019: 103.42020: 101.42021: 99.62022: 103.52023: 105.12024: 107.7

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 30 Bahrain 109.31 compare
  2. 31 United Kingdom 108.67 compare
  3. 32 Antigua and Barbuda 107.91 compare
  4. 34 Israel 106.47 compare
  5. 35 Costa Rica 105.74 compare
  6. 36 Panama 105.73 compare

See the full ranking of 117 places β†’

More reference data data for Pakistan

All data for Pakistan β†’

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.

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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.