Latvia vs Slovakia: Real effective exchange rate index

Latvia
117.3 2010 = 100
in 2025
Slovakia
116.28 2010 = 100
in 2025
Latvia rank
22nd
Slovakia rank
24th

Real effective exchange rate index over time

  • Latvia
  • Slovakia
0255075100125199020072025

How they compare

Latvia currently reports 117.3 2010 = 100 against 116.28 2010 = 100 in Slovakia, a difference of 1.02 2010 = 100.

The two have swapped places 4 times across 33 shared years of data; in 1993 it was Latvia ahead.

Latvia ranks 22nd and Slovakia ranks 24th of 95 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Slovakia Difference Ahead
1990s 73.24 2010 = 100 50.55 2010 = 100 22.69 2010 = 100 Latvia
2000s 91.83 2010 = 100 76.92 2010 = 100 14.91 2010 = 100 Latvia
2010s 100.45 2010 = 100 99.89 2010 = 100 0.5606 2010 = 100 Latvia
2020s 111.46 2010 = 100 109.35 2010 = 100 2.1 2010 = 100 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate index, Latvia or Slovakia?
Latvia, at 117.3 2010 = 100 against 116.28 2010 = 100 in Slovakia as of 2025.
What is the difference in real effective exchange rate index between Latvia and Slovakia?
1.02 2010 = 100, with Latvia ahead.
How many years of comparable data are there for Latvia and Slovakia?
33 years are reported by both, from 1993 to 2025.
How do Latvia and Slovakia rank globally for real effective exchange rate index?
Latvia ranks 22nd and Slovakia ranks 24th 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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Latvia vs Slovakia: 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/latvia/slovak-republic/

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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.