Real Effective Exchange Rate in Spain
Spain: Real Effective Exchange Rate was 97.47 in 2018. ▬ Flat
Real Effective Exchange Rate in Spain, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2018, real effective exchange rate in Spain stood at 97.47.
Compared with earlier readings it is up 2.1% on the previous year and down 6.2% over ten years.
Over the whole period, real effective exchange rate in Spain peaked at 103.92 in 2008 and was at its lowest, 88.44, in 2000.
That places Spain 68th out of 107 countries with data for 2018, putting it in the middle of the range.
Real Effective Exchange Rate in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 88.44 | — |
| 2001 | 90.09 | +1.9% |
| 2002 | 92.17 | +2.3% |
| 2003 | 96.75 | +5.0% |
| 2004 | 98.7 | +2.0% |
| 2005 | 99.13 | +0.4% |
| 2006 | 100.46 | +1.3% |
| 2007 | 102.02 | +1.6% |
| 2008 | 103.92 | +1.9% |
| 2009 | 103.78 | -0.1% |
| 2010 | 100 | -3.6% |
| 2011 | 100.4 | +0.4% |
| 2012 | 97.97 | -2.4% |
| 2013 | 99.69 | +1.7% |
| 2014 | 99.14 | -0.5% |
| 2015 | 93.7 | -5.5% |
| 2016 | 94.33 | +0.7% |
| 2017 | 95.49 | +1.2% |
| 2018 | 97.47 | +2.1% |
Spain compared with similar countries
- Spain's 97.47 is below the median for high income countries, which is 101.37, 96% of the median. (50 countries reporting)
- Spain's 97.47 is below the median for Europe & Central Asia, which is 99.02, 98% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 97.55 | 88.44 | 103.92 | 10 |
| 2010s | 97.58 | 93.7 | 100.4 | 9 |
Countries ranked near Spain
More reference data data for Spain
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.18 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.85 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 11.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.898 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 11.76 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 10.67 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.03 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 11.06 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 52.4 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 4.89 (2050)
Frequently asked questions
- What is real effective exchange rate in Spain?
- Real effective exchange rate in Spain was 97.47 in 2018, 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 Spain?
- The highest recorded value was 103.92 in 2008.
- What is the lowest real effective exchange rate recorded in Spain?
- The lowest recorded value was 88.44 in 2000.
- How does Spain rank for real effective exchange rate?
- Spain ranks 68th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Spain?
- Over the last ten years it is down 6.2%. The long-run trend across the full record is flat.
- Where does this Spain 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
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.