Real effective exchange rate index in Germany

Germany: Real effective exchange rate index was 98.79 2010 = 100 in 2025. ▼ Falling

Latest (2025)
98.79 2010 = 100
Change on year
up 1.4%
World rank
62nd
of 95 countries
All-time high
121.15 2010 = 100
in 1995
All-time low
92.47 2010 = 100
in 2015
Years of data
47
1979–2025

Real effective exchange rate index in Germany, 1979–2025

0255075100125197920022025

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.

Analysis

The most recent figure for real effective exchange rate index in Germany is 98.79 2010 = 100, measured in 2025.

Compared with earlier readings it is up 1.4% on the previous year and up 6.8% over ten years.

Over the whole period, real effective exchange rate index in Germany peaked at 121.15 2010 = 100 in 1995 and was at its lowest, 92.47 2010 = 100, in 2015.

That places Germany 62nd out of 95 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 47 years of available data.

Real effective exchange rate index in Germany, year by year

Annual values for Real effective exchange rate index (2010 = 100) in Germany, 1979 to 2025.
Year 2010 = 100 Change
1979 121.14 2010 = 100
1980 114.55 2010 = 100 -5.4%
1981 104.75 2010 = 100 -8.6%
1982 106.66 2010 = 100 +1.8%
1983 107.33 2010 = 100 +0.6%
1984 102.59 2010 = 100 -4.4%
1985 99.85 2010 = 100 -2.7%
1986 105.72 2010 = 100 +5.9%
1987 109.19 2010 = 100 +3.3%
1988 106.97 2010 = 100 -2.0%
1989 104.59 2010 = 100 -2.2%
1990 107.73 2010 = 100 +3.0%
1991 105.86 2010 = 100 -1.7%
1992 110.82 2010 = 100 +4.7%
1993 115.15 2010 = 100 +3.9%
1994 115.93 2010 = 100 +0.7%
1995 121.15 2010 = 100 +4.5%
1996 116.74 2010 = 100 -3.6%
1997 110.11 2010 = 100 -5.7%
1998 110.29 2010 = 100 +0.2%
1999 106.82 2010 = 100 -3.1%
2000 99.61 2010 = 100 -6.7%
2001 99.64 2010 = 100 +0.0%
2002 100.69 2010 = 100 +1.1%
2003 106.06 2010 = 100 +5.3%
2004 107.52 2010 = 100 +1.4%
2005 105.11 2010 = 100 -2.2%
2006 104.14 2010 = 100 -0.9%
2007 105.68 2010 = 100 +1.5%
2008 105.76 2010 = 100 +0.1%
2009 106.34 2010 = 100 +0.5%
2010 100 2010 = 100 -6.0%
2011 98.95 2010 = 100 -1.0%
2012 95.32 2010 = 100 -3.7%
2013 97.65 2010 = 100 +2.4%
2014 98.27 2010 = 100 +0.6%
2015 92.47 2010 = 100 -5.9%
2016 94.06 2010 = 100 +1.7%
2017 94.9 2010 = 100 +0.9%
2018 97.01 2010 = 100 +2.2%
2019 95.41 2010 = 100 -1.6%
2020 96.29 2010 = 100 +0.9%
2021 97.11 2010 = 100 +0.9%
2022 93.7 2010 = 100 -3.5%
2023 97.08 2010 = 100 +3.6%
2024 97.43 2010 = 100 +0.4%
2025 98.79 2010 = 100 +1.4%

Germany compared with similar countries

  • Germany's 98.79 2010 = 100 is below the median for high income countries, which is 100.85 2010 = 100, 98% of the median. (48 countries reporting)
  • Germany's 98.79 2010 = 100 is below the median for Europe & Central Asia, which is 99.94 2010 = 100, 99% of the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 121.14 2010 = 100 121.14 2010 = 100 121.14 2010 = 100 1
1980s 106.22 2010 = 100 99.85 2010 = 100 114.55 2010 = 100 10
1990s 112.06 2010 = 100 105.86 2010 = 100 121.15 2010 = 100 10
2000s 104.06 2010 = 100 99.61 2010 = 100 107.52 2010 = 100 10
2010s 96.41 2010 = 100 92.47 2010 = 100 100 2010 = 100 10
2020s 96.73 2010 = 100 93.7 2010 = 100 98.79 2010 = 100 6

Countries ranked near Germany

  1. 59 Croatia 99.94 2010 = 100 compare
  2. 60 Luxembourg 99.48 2010 = 100 compare
  3. 61 Spain 98.89 2010 = 100 compare
  4. 63 Finland 97.59 2010 = 100 compare
  5. 64 Tunisia 96.64 2010 = 100 compare
  6. 65 Portugal 96.4 2010 = 100 compare

See the full ranking of 95 places →

More financial sector data for Germany

All data for Germany →

Frequently asked questions

What is real effective exchange rate index in Germany?
Real effective exchange rate index in Germany was 98.79 2010 = 100 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest real effective exchange rate index recorded in Germany?
The highest recorded value was 121.15 2010 = 100 in 1995.
What is the lowest real effective exchange rate index recorded in Germany?
The lowest recorded value was 92.47 2010 = 100 in 2015.
How does Germany rank for real effective exchange rate index?
Germany ranks 62nd out of 95 countries with data for 2025.
Is real effective exchange rate index rising or falling in Germany?
Over the last ten years it is up 6.8%. The long-run trend across the full record is falling.
Where does this Germany data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real effective exchange rate index (2010 = 100). Statizoid updates them automatically from the source API.

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Real effective exchange rate index in Germany. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 23 September 2026, from https://financial-sector.statizoid.com/stat/real-effective-exchange-rate-index-2010-100/germany/

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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.