Costa Rica vs Latvia: Real effective exchange rate index

Costa Rica
118.52 2010 = 100
in 2025
Latvia
117.3 2010 = 100
in 2025
Costa Rica rank
19th
Latvia rank
22nd

Real effective exchange rate index over time

  • Costa Rica
  • Latvia
050100150198020022025

How they compare

Costa Rica currently reports 118.52 2010 = 100 against 117.3 2010 = 100 in Latvia, a difference of 1.22 2010 = 100.

The two have swapped places 8 times across 33 shared years of data; in 1993 it was Costa Rica ahead.

Costa Rica ranks 19th and Latvia ranks 22nd of 95 countries.

Across the 4 decades both report, Costa Rica averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Costa Rica Latvia Difference Ahead
1990s 89.73 2010 = 100 73.24 2010 = 100 16.49 2010 = 100 Costa Rica
2000s 88.93 2010 = 100 91.83 2010 = 100 2.9 2010 = 100 Latvia
2010s 107.49 2010 = 100 100.45 2010 = 100 7.04 2010 = 100 Costa Rica
2020s 109.64 2010 = 100 111.46 2010 = 100 1.82 2010 = 100 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate index, Costa Rica or Latvia?
Costa Rica, at 118.52 2010 = 100 against 117.3 2010 = 100 in Latvia as of 2025.
What is the difference in real effective exchange rate index between Costa Rica and Latvia?
1.22 2010 = 100, with Costa Rica ahead.
How many years of comparable data are there for Costa Rica and Latvia?
33 years are reported by both, from 1993 to 2025.
How do Costa Rica and Latvia rank globally for real effective exchange rate index?
Costa Rica ranks 19th and Latvia ranks 22nd 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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Costa Rica vs Latvia: Real effective exchange rate index. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 30 August 2026, from https://financial-sector.statizoid.com/compare/real-effective-exchange-rate-index-2010-100/costa-rica/latvia/

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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.