Real Effective Exchange Rate in Spain

Spain: Real Effective Exchange Rate was 97.47 in 2018. β–¬ Flat

Latest (2018)
97.47
Change on year
up 2.1%
World rank
68th
of 107 countries
All-time high
103.92
in 2008
All-time low
88.44
in 2000
Years of data
19
2000–2018

Real Effective Exchange Rate in Spain, 2000–2018

02550751002000200920182000: 88.42001: 90.12002: 92.22003: 96.72004: 98.72005: 99.12006: 100.52007: 1022008: 103.92009: 103.82010: 1002011: 100.42012: 982013: 99.72014: 99.12015: 93.72016: 94.32017: 95.52018: 97.5

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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 97.55 88.44 103.92 10
2010s 97.58 93.7 100.4 9

Countries ranked near Spain

  1. 65 Cameroon 97.92 compare
  2. 66 Portugal 97.8 compare
  3. 67 Cote d'Ivoire 97.6 compare
  4. 69 Germany 97.01 compare
  5. 70 Saint Kitts and Nevis 96.97 compare
  6. 71 Italy 96.8 compare

See the full ranking of 117 places β†’

More reference data data for Spain

All data for Spain β†’

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

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.