{"entity":{"iso2":"S1","iso3":"SST","name":"Small states","slug":"small-states"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"real-effective-exchange-rate","source":"World Bank staff calculations based on Datastream and IMF International Finance Statistics data","source_url":"https://data.worldbank.org/indicator/REER","title":"Real Effective Exchange Rate","unit":null},"observations":[{"date":"1996-01-01","value":116.37},{"date":"1997-01-01","value":99.5942},{"date":"1998-01-01","value":98.0116},{"date":"1999-01-01","value":93.6061},{"date":"2000-01-01","value":95.1358},{"date":"2001-01-01","value":89.0569},{"date":"2002-01-01","value":81.964},{"date":"2003-01-01","value":87.1819},{"date":"2004-01-01","value":90.9887},{"date":"2005-01-01","value":96.4181},{"date":"2006-01-01","value":98.055},{"date":"2007-01-01","value":95.2147},{"date":"2008-01-01","value":94.7058},{"date":"2009-01-01","value":92.8246},{"date":"2010-01-01","value":99.9611},{"date":"2011-01-01","value":98.8926},{"date":"2012-01-01","value":100.576},{"date":"2013-01-01","value":99.9767},{"date":"2014-01-01","value":99.4704},{"date":"2015-01-01","value":96.2567},{"date":"2016-01-01","value":91.8907},{"date":"2017-01-01","value":90.6192},{"date":"2018-01-01","value":94.6768},{"date":"2019-01-01","value":101.35},{"date":"2020-01-01","value":95.3277},{"date":"2021-01-01","value":95.7624},{"date":"2022-01-01","value":102.628},{"date":"2023-01-01","value":89.7589},{"date":"2024-01-01","value":63.7701}],"summary":{"latest_period":"2024-01-01","latest_value":63.7701,"max":116.37,"mean":94.8291,"min":63.7701,"of":10,"rank":9,"trend":"falling"}}