Iceland vs Korea: Real effective exchange rate index (2010 = 100)
Iceland
146.32 2010 = 100
in 2025
Korea
138.97 2010 = 100
in 2021
Iceland rank
6th
Korea rank
9th
Real effective exchange rate index (2010 = 100) over time
- Iceland
- Korea
How they compare
Iceland currently reports 146.32 2010 = 100 against 138.97 2010 = 100 in Korea, a difference of 7.35 2010 = 100.
That makes Iceland's figure about 1.1 times Korea's.
The two have swapped places 7 times across 32 shared years of data; in 1990 it was Iceland ahead.
Iceland ranks 6th and Korea ranks 9th of 95 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Korea in 3.
Head to head by decade
| Decade | Iceland | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 133.22 2010 = 100 | 133.38 2010 = 100 | 0.1596 2010 = 100 | Korea |
| 2000s | 133.45 2010 = 100 | 111.8 2010 = 100 | 21.65 2010 = 100 | Iceland |
| 2010s | 117.16 2010 = 100 | 128.1 2010 = 100 | 10.94 2010 = 100 | Korea |
| 2020s | 122.75 2010 = 100 | 137.98 2010 = 100 | 15.23 2010 = 100 | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate index, Iceland or Korea?
- Iceland, at 146.32 2010 = 100 against 138.97 2010 = 100 in Korea as of 2025.
- What is the difference in real effective exchange rate index between Iceland and Korea?
- 7.35 2010 = 100, with Iceland ahead.
- How many years of comparable data are there for Iceland and Korea?
- 32 years are reported by both, from 1990 to 2021.
- How do Iceland and Korea rank globally for real effective exchange rate index?
- Iceland ranks 6th and Korea ranks 9th 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.
Individual pages
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. This indicator is an index series where 2010=100.