Armenia vs Bulgaria: Real effective exchange rate index

Armenia
118.17 2010 = 100
in 2025
Bulgaria
120.59 2010 = 100
in 2025
Armenia rank
20th
Bulgaria rank
17th

Real effective exchange rate index over time

  • Armenia
  • Bulgaria
406080100120199320092025

How they compare

Bulgaria currently reports 120.59 2010 = 100 against 118.17 2010 = 100 in Armenia, a difference of 2.42 2010 = 100.

The two have swapped places 8 times across 32 shared years of data; in 1994 it was Bulgaria ahead.

Armenia ranks 20th and Bulgaria ranks 17th of 95 countries.

Across the 4 decades both report, Armenia averaged higher in 2 and Bulgaria in 2.

Head to head by decade

Decade Armenia Bulgaria Difference Ahead
1990s 62.14 2010 = 100 55.8 2010 = 100 6.35 2010 = 100 Armenia
2000s 83.36 2010 = 100 84.31 2010 = 100 0.9496 2010 = 100 Bulgaria
2010s 100 2010 = 100 100 2010 = 100 0.009 2010 = 100 Bulgaria
2020s 114.42 2010 = 100 113.4 2010 = 100 1.01 2010 = 100 Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate index, Armenia or Bulgaria?
Bulgaria, at 120.59 2010 = 100 against 118.17 2010 = 100 in Armenia as of 2025.
What is the difference in real effective exchange rate index between Armenia and Bulgaria?
2.42 2010 = 100, with Bulgaria ahead.
How many years of comparable data are there for Armenia and Bulgaria?
32 years are reported by both, from 1994 to 2025.
How do Armenia and Bulgaria rank globally for real effective exchange rate index?
Armenia ranks 20th and Bulgaria ranks 17th of 95 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Real effective exchange rate index (2010 = 100). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Bulgaria: Real effective exchange rate index. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 27 August 2026, from https://financial-sector.statizoid.com/compare/real-effective-exchange-rate-index-2010-100/armenia/bulgaria/

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About this data

Indicator
Real effective exchange rate index (2010 = 100)
Unit
2010 = 100
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
95 places, 4,150 data points, 1979–2025
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. This indicator is an index series where 2010=100.