Israel vs North Macedonia: Real effective exchange rate index

Israel
113.34 2010 = 100
in 2025
North Macedonia
113.18 2010 = 100
in 2025
Israel rank
29th
North Macedonia rank
30th

Real effective exchange rate index over time

  • Israel
  • North Macedonia
050100150197920022025

How they compare

Israel currently reports 113.34 2010 = 100 against 113.18 2010 = 100 in North Macedonia, a difference of 0.16 2010 = 100.

The two have swapped places 7 times across 33 shared years of data; in 1993 it was North Macedonia ahead.

Israel ranks 29th and North Macedonia ranks 30th of 95 countries.

Across the 4 decades both report, Israel averaged higher in 2 and North Macedonia in 2.

Head to head by decade

Decade Israel North Macedonia Difference Ahead
1990s 108.06 2010 = 100 117.17 2010 = 100 9.1 2010 = 100 North Macedonia
2000s 96.65 2010 = 100 102.58 2010 = 100 5.92 2010 = 100 North Macedonia
2010s 103.18 2010 = 100 99.8 2010 = 100 3.38 2010 = 100 Israel
2020s 110.98 2010 = 100 106.36 2010 = 100 4.62 2010 = 100 Israel

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate index, Israel or North Macedonia?
Israel, at 113.34 2010 = 100 against 113.18 2010 = 100 in North Macedonia as of 2025.
What is the difference in real effective exchange rate index between Israel and North Macedonia?
0.16 2010 = 100, with Israel ahead.
How many years of comparable data are there for Israel and North Macedonia?
33 years are reported by both, from 1993 to 2025.
How do Israel and North Macedonia rank globally for real effective exchange rate index?
Israel ranks 29th and North Macedonia ranks 30th 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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Israel vs North Macedonia: 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/israel/north-macedonia/

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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.