Real effective exchange rate index (2010 = 100) in Korea
Korea: Real effective exchange rate index (2010 = 100) was 138.97 2010 = 100 in 2021. ▬ Flat
Latest (2021)
138.97 2010 = 100
Change on year
up 1.5%
World rank
9th
of 95 countries
All-time high
164.44 2010 = 100
in 1996
All-time low
91.61 2010 = 100
in 2009
Years of data
32
1990–2021
Real effective exchange rate index in Korea, 1990–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.
Analysis
In 2021, real effective exchange rate index in Korea stood at 138.97 2010 = 100.
Compared with earlier readings it is up 1.5% on the previous year and up 42.6% over ten years.
Over the whole period, real effective exchange rate index in Korea peaked at 164.44 2010 = 100 in 1996 and was at its lowest, 91.61 2010 = 100, in 2009.
Korea ranks 9th of 95 countries on this measure, in the top 10%.
Real effective exchange rate index (2010 = 100) in Korea, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1990 | 132.77 2010 = 100 | — |
| 1991 | 140.83 2010 = 100 | +6.1% |
| 1992 | 131.49 2010 = 100 | -6.6% |
| 1993 | 131.41 2010 = 100 | -0.1% |
| 1994 | 136.29 2010 = 100 | +3.7% |
| 1995 | 152.76 2010 = 100 | +12.1% |
| 1996 | 164.44 2010 = 100 | +7.6% |
| 1997 | 146.65 2010 = 100 | -10.8% |
| 1998 | 97.89 2010 = 100 | -33.2% |
| 1999 | 99.29 2010 = 100 | +1.4% |
| 2000 | 104.73 2010 = 100 | +5.5% |
| 2001 | 98.47 2010 = 100 | -6.0% |
| 2002 | 104.45 2010 = 100 | +6.1% |
| 2003 | 103.11 2010 = 100 | -1.3% |
| 2004 | 107.24 2010 = 100 | +4.0% |
| 2005 | 127.02 2010 = 100 | +18.4% |
| 2006 | 136.1 2010 = 100 | +7.2% |
| 2007 | 137.15 2010 = 100 | +0.8% |
| 2008 | 108.14 2010 = 100 | -21.1% |
| 2009 | 91.61 2010 = 100 | -15.3% |
| 2010 | 100 2010 = 100 | +9.2% |
| 2011 | 97.49 2010 = 100 | -2.5% |
| 2012 | 105.13 2010 = 100 | +7.8% |
| 2013 | 119.03 2010 = 100 | +13.2% |
| 2014 | 134.52 2010 = 100 | +13.0% |
| 2015 | 142.05 2010 = 100 | +5.6% |
| 2016 | 139.06 2010 = 100 | -2.1% |
| 2017 | 143.08 2010 = 100 | +2.9% |
| 2018 | 152.99 2010 = 100 | +6.9% |
| 2019 | 147.62 2010 = 100 | -3.5% |
| 2020 | 136.98 2010 = 100 | -7.2% |
| 2021 | 138.97 2010 = 100 | +1.5% |
Korea compared with similar countries
- Korea's 138.97 2010 = 100 is above the median for high income countries, which is 101.67 2010 = 100, 1.4× the median. (48 countries reporting)
- Korea's 138.97 2010 = 100 is above the median for East Asia & Pacific, which is 112.49 2010 = 100, 1.2× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 133.38 2010 = 100 | 97.89 2010 = 100 | 164.44 2010 = 100 | 10 |
| 2000s | 111.8 2010 = 100 | 91.61 2010 = 100 | 137.15 2010 = 100 | 10 |
| 2010s | 128.1 2010 = 100 | 97.49 2010 = 100 | 152.99 2010 = 100 | 10 |
| 2020s | 137.98 2010 = 100 | 136.98 2010 = 100 | 138.97 2010 = 100 | 2 |
Countries ranked near Korea
- 6 Iceland 146.32 2010 = 100 compare
- 7 Solomon Islands 143.25 2010 = 100 compare
- 8 Democratic Republic of Congo 139.31 2010 = 100 compare
- 10 Armenia 132.65 2010 = 100 compare
- 11 United States 130.98 2010 = 100 compare
- 12 Central African Republic 128.12 2010 = 100 compare
More financial sector data for Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate index in Korea?
- Real effective exchange rate index in Korea was 138.97 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 Korea?
- The highest recorded value was 164.44 2010 = 100 in 1996.
- What is the lowest real effective exchange rate index recorded in Korea?
- The lowest recorded value was 91.61 2010 = 100 in 2009.
- How does Korea rank for real effective exchange rate index?
- Korea ranks 9th out of 95 countries with data for 2021.
- Is real effective exchange rate index rising or falling in Korea?
- Over the last ten years it is up 42.6%. The long-run trend across the full record is flat.
- Where does this Korea 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.
Download this data
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.