Real Effective Exchange Rate in United Kingdom

United Kingdom: Real Effective Exchange Rate was 108.67 in 2024. ▼ Falling

Latest (2024)
108.67
Change on year
up 3.3%
World rank
31st
of 107 countries
All-time high
130.83
in 2000
All-time low
97.36
in 2017
Years of data
31
1994–2024

Real Effective Exchange Rate in United Kingdom, 1994–2024

0501001501994200920241994: 110.51995: 106.31996: 107.71997: 123.71998: 130.81999: 130.52000: 130.82001: 1282002: 128.72003: 123.62004: 128.42005: 125.72006: 1262007: 127.82008: 110.82009: 99.82010: 1002011: 100.32012: 104.12013: 102.62014: 109.62015: 114.42016: 102.42017: 97.42018: 99.12019: 98.72020: 98.72021: 102.52022: 1022023: 105.22024: 108.7

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 28 India 110.2 compare
  2. 29 Switzerland 110.08 compare
  3. 30 Bahrain 109.31 compare
  4. 32 Antigua and Barbuda 107.91 compare
  5. 33 Pakistan 107.65 compare
  6. 34 Israel 106.47 compare

See the full ranking of 117 places →

More reference data data for United Kingdom

All data for United Kingdom →

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.

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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.