Real effective exchange rate index in Hong Kong
Hong Kong: Real effective exchange rate index was 125.88 2010 = 100 in 2021. ▲ Rising
Real effective exchange rate index in Hong Kong, 1990–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.
Analysis
Hong Kong recorded 125.88 2010 = 100 for real effective exchange rate index in 2021.
Compared with earlier readings it is down 5.1% on the previous year and up 28.5% over ten years.
Over the whole period, real effective exchange rate index in Hong Kong peaked at 153.4 2010 = 100 in 1998 and was at its lowest, 90.93 2010 = 100, in 1990.
Hong Kong ranks 14th of 95 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Real effective exchange rate index in Hong Kong, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1990 | 90.93 2010 = 100 | — |
| 1991 | 93.39 2010 = 100 | +2.7% |
| 1992 | 91.78 2010 = 100 | -1.7% |
| 1993 | 100.83 2010 = 100 | +9.9% |
| 1994 | 106.05 2010 = 100 | +5.2% |
| 1995 | 108.69 2010 = 100 | +2.5% |
| 1996 | 121.3 2010 = 100 | +11.6% |
| 1997 | 135.66 2010 = 100 | +11.8% |
| 1998 | 153.4 2010 = 100 | +13.1% |
| 1999 | 147.96 2010 = 100 | -3.5% |
| 2000 | 146.69 2010 = 100 | -0.9% |
| 2001 | 151.9 2010 = 100 | +3.6% |
| 2002 | 145.65 2010 = 100 | -4.1% |
| 2003 | 129.15 2010 = 100 | -11.3% |
| 2004 | 116.1 2010 = 100 | -10.1% |
| 2005 | 112.03 2010 = 100 | -3.5% |
| 2006 | 109.62 2010 = 100 | -2.1% |
| 2007 | 106.13 2010 = 100 | -3.2% |
| 2008 | 101.57 2010 = 100 | -4.3% |
| 2009 | 102.23 2010 = 100 | +0.7% |
| 2010 | 100 2010 = 100 | -2.2% |
| 2011 | 97.97 2010 = 100 | -2.0% |
| 2012 | 104.37 2010 = 100 | +6.5% |
| 2013 | 109.44 2010 = 100 | +4.9% |
| 2014 | 112.44 2010 = 100 | +2.7% |
| 2015 | 121.14 2010 = 100 | +7.7% |
| 2016 | 122.36 2010 = 100 | +1.0% |
| 2017 | 122.93 2010 = 100 | +0.5% |
| 2018 | 121.44 2010 = 100 | -1.2% |
| 2019 | 127.26 2010 = 100 | +4.8% |
| 2020 | 132.63 2010 = 100 | +4.2% |
| 2021 | 125.88 2010 = 100 | -5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 115 2010 = 100 | 90.93 2010 = 100 | 153.4 2010 = 100 | 10 |
| 2000s | 122.11 2010 = 100 | 101.57 2010 = 100 | 151.9 2010 = 100 | 10 |
| 2010s | 113.93 2010 = 100 | 97.97 2010 = 100 | 127.26 2010 = 100 | 10 |
| 2020s | 129.26 2010 = 100 | 125.88 2010 = 100 | 132.63 2010 = 100 | 2 |
Countries ranked near Hong Kong
More financial sector data for Hong Kong
- Net domestic credit (current LCU), per capita 1.09 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 19.14 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 3.56 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 2.35 million SDR (2025)
- Gold reserves at market value 213.69 million SDR (2025)
- Reserves excluding gold, foreign exchange 312.26 billion SDR (2025)
- Reserves excluding gold 317.08 billion SDR (2023)
- Total reserves (gold at market value) 317.18 billion SDR (2023)
- Total reserves (gold at national valuation) 317.18 billion SDR (2023)
- Total reserves (gold at national valuation) (SDR), per capita 42,088 SDR per person (2023)
Frequently asked questions
- What is real effective exchange rate index in Hong Kong?
- Real effective exchange rate index in Hong Kong was 125.88 2010 = 100 in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real effective exchange rate index recorded in Hong Kong?
- The highest recorded value was 153.4 2010 = 100 in 1998.
- What is the lowest real effective exchange rate index recorded in Hong Kong?
- The lowest recorded value was 90.93 2010 = 100 in 1990.
- How does Hong Kong rank for real effective exchange rate index?
- Hong Kong ranks 14th out of 95 countries with data for 2021.
- Is real effective exchange rate index rising or falling in Hong Kong?
- Over the last ten years it is up 28.5%. The long-run trend across the full record is rising.
- Where does this Hong Kong 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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CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.