Real Effective Exchange Rate in Switzerland
Switzerland: Real Effective Exchange Rate was 110.08 in 2024. ▲ Rising
Real Effective Exchange Rate in Switzerland, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Switzerland recorded 110.08 for real effective exchange rate in 2024.
That represents a change of up 1.4% on the previous year and up 5.6% over ten years.
Over the whole period, real effective exchange rate in Switzerland peaked at 110.49 in 2015 and was at its lowest, 89.23, in 2007.
That places Switzerland 29th out of 107 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Real Effective Exchange Rate in Switzerland, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 100.89 | — |
| 1995 | 107.71 | +6.8% |
| 1996 | 103.56 | -3.9% |
| 1997 | 95.06 | -8.2% |
| 1998 | 97.05 | +2.1% |
| 1999 | 95.87 | -1.2% |
| 2000 | 92.88 | -3.1% |
| 2001 | 95.04 | +2.3% |
| 2002 | 98.57 | +3.7% |
| 2003 | 99.09 | +0.5% |
| 2004 | 98.1 | -1.0% |
| 2005 | 95.86 | -2.3% |
| 2006 | 93.18 | -2.8% |
| 2007 | 89.23 | -4.2% |
| 2008 | 92.61 | +3.8% |
| 2009 | 96.23 | +3.9% |
| 2010 | 99.96 | +3.9% |
| 2011 | 109.27 | +9.3% |
| 2012 | 104.96 | -3.9% |
| 2013 | 103.2 | -1.7% |
| 2014 | 104.23 | +1.0% |
| 2015 | 110.49 | +6.0% |
| 2016 | 108.25 | -2.0% |
| 2017 | 106.1 | -2.0% |
| 2018 | 102.91 | -3.0% |
| 2019 | 104 | +1.1% |
| 2020 | 107.89 | +3.7% |
| 2021 | 105.12 | -2.6% |
| 2022 | 105.37 | +0.2% |
| 2023 | 108.57 | +3.0% |
| 2024 | 110.08 | +1.4% |
Switzerland compared with similar countries
- Switzerland's 110.08 is above the median for high income countries, which is 101.37, 1.1× the median. (50 countries reporting)
- Switzerland's 110.08 is above the median for Europe & Central Asia, which is 99.02, 1.1× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.02 | 95.06 | 107.71 | 6 |
| 2000s | 95.08 | 89.23 | 99.09 | 10 |
| 2010s | 105.34 | 99.96 | 110.49 | 10 |
| 2020s | 107.4 | 105.12 | 110.08 | 5 |
Countries ranked near Switzerland
More reference data data for Switzerland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5507 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2683 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.24 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.24 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.85 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.28 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.37 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.28 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.272 (2050)
Frequently asked questions
- What is real effective exchange rate in Switzerland?
- Real effective exchange rate in Switzerland was 110.08 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 Switzerland?
- The highest recorded value was 110.49 in 2015.
- What is the lowest real effective exchange rate recorded in Switzerland?
- The lowest recorded value was 89.23 in 2007.
- How does Switzerland rank for real effective exchange rate?
- Switzerland ranks 29th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Switzerland?
- Over the last ten years it is up 5.6%. The long-run trend across the full record is rising.
- Where does this Switzerland 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 — 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.