Real effective exchange rate index (2010 = 100) in Japan
Japan: Real effective exchange rate index (2010 = 100) was 56.07 2010 = 100 in 2025. ▼ Falling
Latest (2025)
56.07 2010 = 100
Change on year
up 2.0%
World rank
95th
of 95 countries
All-time high
135.4 2010 = 100
in 1995
All-time low
54.99 2010 = 100
in 2024
Years of data
46
1980–2025
Real effective exchange rate index in Japan, 1980–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.
Analysis
In 2025, real effective exchange rate index in Japan stood at 56.07 2010 = 100.
The figure is up 2.0% on the previous year and down 19.2% over ten years.
Over the whole period, real effective exchange rate index in Japan peaked at 135.4 2010 = 100 in 1995 and was at its lowest, 54.99 2010 = 100, in 2024.
Japan ranks 95th of 95 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Real effective exchange rate index (2010 = 100) in Japan, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1980 | 73.84 2010 = 100 | — |
| 1981 | 78.93 2010 = 100 | +6.9% |
| 1982 | 71.57 2010 = 100 | -9.3% |
| 1983 | 77.51 2010 = 100 | +8.3% |
| 1984 | 80.91 2010 = 100 | +4.4% |
| 1985 | 82.93 2010 = 100 | +2.5% |
| 1986 | 106.3 2010 = 100 | +28.2% |
| 1987 | 111.97 2010 = 100 | +5.3% |
| 1988 | 118.71 2010 = 100 | +6.0% |
| 1989 | 108.81 2010 = 100 | -8.3% |
| 1990 | 97.36 2010 = 100 | -10.5% |
| 1991 | 103.95 2010 = 100 | +6.8% |
| 1992 | 107.04 2010 = 100 | +3.0% |
| 1993 | 125.3 2010 = 100 | +17.1% |
| 1994 | 133.22 2010 = 100 | +6.3% |
| 1995 | 135.4 2010 = 100 | +1.6% |
| 1996 | 113.71 2010 = 100 | -16.0% |
| 1997 | 106.98 2010 = 100 | -5.9% |
| 1998 | 107.01 2010 = 100 | +0.0% |
| 1999 | 118.9 2010 = 100 | +11.1% |
| 2000 | 125.52 2010 = 100 | +5.6% |
| 2001 | 111.77 2010 = 100 | -10.9% |
| 2002 | 104.15 2010 = 100 | -6.8% |
| 2003 | 105.05 2010 = 100 | +0.9% |
| 2004 | 106.08 2010 = 100 | +1.0% |
| 2005 | 99.46 2010 = 100 | -6.2% |
| 2006 | 90.05 2010 = 100 | -9.5% |
| 2007 | 82.48 2010 = 100 | -8.4% |
| 2008 | 88.62 2010 = 100 | +7.4% |
| 2009 | 99.54 2010 = 100 | +12.3% |
| 2010 | 100 2010 = 100 | +0.5% |
| 2011 | 101.13 2010 = 100 | +1.1% |
| 2012 | 99.89 2010 = 100 | -1.2% |
| 2013 | 79.64 2010 = 100 | -20.3% |
| 2014 | 74.59 2010 = 100 | -6.3% |
| 2015 | 69.42 2010 = 100 | -6.9% |
| 2016 | 78.94 2010 = 100 | +13.7% |
| 2017 | 75.18 2010 = 100 | -4.8% |
| 2018 | 74.51 2010 = 100 | -0.9% |
| 2019 | 76.62 2010 = 100 | +2.8% |
| 2020 | 77.3 2010 = 100 | +0.9% |
| 2021 | 70.69 2010 = 100 | -8.5% |
| 2022 | 60.97 2010 = 100 | -13.8% |
| 2023 | 58.08 2010 = 100 | -4.7% |
| 2024 | 54.99 2010 = 100 | -5.3% |
| 2025 | 56.07 2010 = 100 | +2.0% |
Japan compared with similar countries
- Japan's 56.07 2010 = 100 is below the median for high income countries, which is 101.67 2010 = 100, 55% of the median. (48 countries reporting)
- Japan's 56.07 2010 = 100 is below the median for East Asia & Pacific, which is 112.49 2010 = 100, 50% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 91.15 2010 = 100 | 71.57 2010 = 100 | 118.71 2010 = 100 | 10 |
| 1990s | 114.89 2010 = 100 | 97.36 2010 = 100 | 135.4 2010 = 100 | 10 |
| 2000s | 101.27 2010 = 100 | 82.48 2010 = 100 | 125.52 2010 = 100 | 10 |
| 2010s | 82.99 2010 = 100 | 69.42 2010 = 100 | 101.13 2010 = 100 | 10 |
| 2020s | 63.02 2010 = 100 | 54.99 2010 = 100 | 77.3 2010 = 100 | 6 |
Countries ranked near Japan
More financial sector data for Japan
- Reserve position in the IMF, US dollar, annual growth rate 10.42 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 91.29 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.15 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 66.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.42 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 91.29 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.15 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate index in Japan?
- Real effective exchange rate index in Japan was 56.07 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 Japan?
- The highest recorded value was 135.4 2010 = 100 in 1995.
- What is the lowest real effective exchange rate index recorded in Japan?
- The lowest recorded value was 54.99 2010 = 100 in 2024.
- How does Japan rank for real effective exchange rate index?
- Japan ranks 95th out of 95 countries with data for 2025.
- Is real effective exchange rate index rising or falling in Japan?
- Over the last ten years it is down 19.2%. The long-run trend across the full record is falling.
- Where does this Japan 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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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.