Real Effective Exchange Rate in Saudi Arabia
Saudi Arabia: Real Effective Exchange Rate was 126.41 in 2024. ▬ Flat
Real Effective Exchange Rate in Saudi Arabia, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
The most recent figure for real effective exchange rate in Saudi Arabia is 126.41, measured in 2024. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 0.2% on the previous year and up 19.9% over ten years.
Over the whole period, real effective exchange rate in Saudi Arabia peaked at 126.41 in 2024 and was at its lowest, 90.39, in 2007.
That places Saudi Arabia 9th out of 107 countries with data for 2024, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 121.51 | 115.31 | 125.82 | 6 |
| 2000s | 102.47 | 90.39 | 119.01 | 10 |
| 2010s | 110.53 | 97.82 | 121.84 | 10 |
| 2020s | 124.26 | 120.12 | 126.41 | 5 |
Countries ranked near Saudi Arabia
- 6 Central African Republic 127.93 compare
- 7 United States 127.79 compare
- 8 Solomon Islands 126.54 compare
- 10 Trinidad and Tobago 126.31 compare
- 11 Hong Kong 123.86 compare
- 12 Moldova 122.36 compare
More reference data data for Saudi Arabia
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.4 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9641 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2207 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.64 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 10.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1771 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.44 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.44 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 6.07 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1847 (2050)
Frequently asked questions
- What is real effective exchange rate in Saudi Arabia?
- Real effective exchange rate in Saudi Arabia was 126.41 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 Saudi Arabia?
- The highest recorded value was 126.41 in 2024.
- What is the lowest real effective exchange rate recorded in Saudi Arabia?
- The lowest recorded value was 90.39 in 2007.
- How does Saudi Arabia rank for real effective exchange rate?
- Saudi Arabia ranks 9th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Saudi Arabia?
- Over the last ten years it is up 19.9%. The long-run trend across the full record is flat.
- Where does this Saudi Arabia 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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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.