Real Effective Exchange Rate in Small states
Small states: Real Effective Exchange Rate was 63.77 in 2024. ▼ Falling
Real Effective Exchange Rate in Small states, 1996–2024
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 Small states is 63.77, measured in 2024. That is the lowest value across all 29 years on record.
The figure is down 29.0% on the previous year and down 35.9% over ten years.
Over the whole period, real effective exchange rate in Small states peaked at 116.37 in 1996 and was at its lowest, 63.77, in 2024.
The long-run direction has been consistently falling across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 101.9 | 93.61 | 116.37 | 4 |
| 2000s | 92.15 | 81.96 | 98.06 | 10 |
| 2010s | 97.37 | 90.62 | 101.35 | 10 |
| 2020s | 89.45 | 63.77 | 102.63 | 5 |
Countries ranked near Small states
- 6 Central African Republic 127.93 compare
- 7 United States 127.79 compare
- 8 Solomon Islands 126.54 compare
- 9 Saudi Arabia 126.41 compare
- 10 Trinidad and Tobago 126.31 compare
- 11 Hong Kong 123.86 compare
- 12 Moldova 122.36 compare
More reference data data for Small states
- Exchange rate, new LCU per USD extended backward, period average 1,859 (2026)
- CPI Price, nominal 482.15 (2026)
- CPI Price, nominal, seas. adj. 522.36 (2026)
- School age population, one year before than official primary entry age 396,882 number (2019)
- School life expectancy, primary, both sexes 6.8 years (2019)
- School age population, one year before than official primary entry age 806,780 number (2019)
- School age population, one year before than official primary entry age 409,898 number (2019)
- School life expectancy, primary, female 6.74 years (2019)
- School life expectancy, primary, male 6.86 years (2019)
- Share of all students in secondary education enrolled in general progr 93.5% (2019)
Frequently asked questions
- What is real effective exchange rate in Small states?
- Real effective exchange rate in Small states was 63.77 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 Small states?
- The highest recorded value was 116.37 in 1996.
- What is the lowest real effective exchange rate recorded in Small states?
- The lowest recorded value was 63.77 in 2024.
- How does Small states rank for real effective exchange rate?
- Small states ranks 9th out of 10 groups with data for 2024.
- Is real effective exchange rate rising or falling in Small states?
- Over the last ten years it is down 35.9%. The long-run trend across the full record is falling.
- Where does this Small states 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 — 29 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.