Real Effective Exchange Rate in Taiwan
Taiwan: Real Effective Exchange Rate was 104.6 in 2024. ▼ Falling
Real Effective Exchange Rate in Taiwan, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Taiwan recorded 104.6 for real effective exchange rate in 2024.
The figure is down 0.8% on the previous year and up 5.9% over ten years.
Over the whole period, real effective exchange rate in Taiwan peaked at 143.54 in 1994 and was at its lowest, 98.76, in 2014.
That places Taiwan 39th out of 107 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Real Effective Exchange Rate in Taiwan, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 143.54 | — |
| 1995 | 136.57 | -4.9% |
| 1996 | 136.7 | +0.1% |
| 1997 | 136.98 | +0.2% |
| 1998 | 126.25 | -7.8% |
| 1999 | 126.62 | +0.3% |
| 2000 | 132.81 | +4.9% |
| 2001 | 126.72 | -4.6% |
| 2002 | 122.4 | -3.4% |
| 2003 | 115.13 | -5.9% |
| 2004 | 113.69 | -1.2% |
| 2005 | 116.95 | +2.9% |
| 2006 | 112.78 | -3.6% |
| 2007 | 106.27 | -5.8% |
| 2008 | 104.25 | -1.9% |
| 2009 | 99.49 | -4.6% |
| 2010 | 99.99 | +0.5% |
| 2011 | 99.94 | -0.1% |
| 2012 | 99.83 | -0.1% |
| 2013 | 99.9 | +0.1% |
| 2014 | 98.76 | -1.1% |
| 2015 | 100.11 | +1.4% |
| 2016 | 100.03 | -0.1% |
| 2017 | 105.51 | +5.5% |
| 2018 | 104.22 | -1.2% |
| 2019 | 103.22 | -1.0% |
| 2020 | 106.69 | +3.4% |
| 2021 | 109.14 | +2.3% |
| 2022 | 108.08 | -1.0% |
| 2023 | 105.48 | -2.4% |
| 2024 | 104.6 | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 134.44 | 126.25 | 143.54 | 6 |
| 2000s | 115.05 | 99.49 | 132.81 | 10 |
| 2010s | 101.15 | 98.76 | 105.51 | 10 |
| 2020s | 106.8 | 104.6 | 109.14 | 5 |
Countries ranked near Taiwan
More reference data data for Taiwan
- Emission Totals - Emissions (N2O) - Agricultural Soils 7.6 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 2,013 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 85.74 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2515 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4506 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 360.08 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 306.1 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 400.4 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 2,323 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.36 (2050)
Frequently asked questions
- What is real effective exchange rate in Taiwan?
- Real effective exchange rate in Taiwan was 104.6 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 Taiwan?
- The highest recorded value was 143.54 in 1994.
- What is the lowest real effective exchange rate recorded in Taiwan?
- The lowest recorded value was 98.76 in 2014.
- How does Taiwan rank for real effective exchange rate?
- Taiwan ranks 39th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Taiwan?
- Over the last ten years it is up 5.9%. The long-run trend across the full record is falling.
- Where does this Taiwan 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.