Real Effective Exchange Rate in United Kingdom
United Kingdom: Real Effective Exchange Rate was 108.67 in 2024. ▼ Falling
Real Effective Exchange Rate in United Kingdom, 1994–2024
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 United Kingdom is 108.67, measured in 2024.
That represents a change of up 3.3% on the previous year and down 0.8% over ten years.
Over the whole period, real effective exchange rate in United Kingdom peaked at 130.83 in 2000 and was at its lowest, 97.36, in 2017.
United Kingdom ranks 31st of 107 countries on this measure, 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 United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 110.52 | — |
| 1995 | 106.27 | -3.8% |
| 1996 | 107.69 | +1.3% |
| 1997 | 123.66 | +14.8% |
| 1998 | 130.82 | +5.8% |
| 1999 | 130.5 | -0.2% |
| 2000 | 130.83 | +0.2% |
| 2001 | 128.01 | -2.2% |
| 2002 | 128.66 | +0.5% |
| 2003 | 123.59 | -3.9% |
| 2004 | 128.41 | +3.9% |
| 2005 | 125.67 | -2.1% |
| 2006 | 126.01 | +0.3% |
| 2007 | 127.8 | +1.4% |
| 2008 | 110.81 | -13.3% |
| 2009 | 99.85 | -9.9% |
| 2010 | 100.01 | +0.2% |
| 2011 | 100.31 | +0.3% |
| 2012 | 104.09 | +3.8% |
| 2013 | 102.56 | -1.5% |
| 2014 | 109.57 | +6.8% |
| 2015 | 114.36 | +4.4% |
| 2016 | 102.44 | -10.4% |
| 2017 | 97.36 | -5.0% |
| 2018 | 99.08 | +1.8% |
| 2019 | 98.75 | -0.3% |
| 2020 | 98.75 | +0.0% |
| 2021 | 102.51 | +3.8% |
| 2022 | 101.99 | -0.5% |
| 2023 | 105.25 | +3.2% |
| 2024 | 108.67 | +3.3% |
United Kingdom compared with similar countries
- United Kingdom's 108.67 is above the median for high income countries, which is 101.37, 1.1× the median. (50 countries reporting)
- United Kingdom's 108.67 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 | 118.24 | 106.27 | 130.82 | 6 |
| 2000s | 122.96 | 99.85 | 130.83 | 10 |
| 2010s | 102.85 | 97.36 | 114.36 | 10 |
| 2020s | 103.44 | 98.75 | 108.67 | 5 |
Countries ranked near United Kingdom
More reference data data for United Kingdom
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.13 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.97 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.26 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.26 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 10.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.51 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.81 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 59.34 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 5.48 (2050)
Frequently asked questions
- What is real effective exchange rate in United Kingdom?
- Real effective exchange rate in United Kingdom was 108.67 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 United Kingdom?
- The highest recorded value was 130.83 in 2000.
- What is the lowest real effective exchange rate recorded in United Kingdom?
- The lowest recorded value was 97.36 in 2017.
- How does United Kingdom rank for real effective exchange rate?
- United Kingdom ranks 31st out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in United Kingdom?
- Over the last ten years it is down 0.8%. The long-run trend across the full record is falling.
- Where does this United Kingdom 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.