Real effective exchange rate index in Latvia, Republic of
Latvia, Republic of: Real effective exchange rate index was 117.3 2010 = 100 in 2025. β² Rising
Real effective exchange rate index in Latvia, Republic of, 1993β2025
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 Latvia, Republic of is 117.3 2010 = 100, measured in 2025. That is the highest value across all 33 years on record.
That represents a change of up 1.3% on the previous year and up 19.5% over ten years.
Over the whole period, real effective exchange rate index in Latvia, Republic of peaked at 117.3 2010 = 100 in 2025 and was at its lowest, 60.15 2010 = 100, in 1993.
Latvia, Republic of ranks 22nd of 95 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 73.24 2010 = 100 | 60.15 2010 = 100 | 88.59 2010 = 100 | 7 |
| 2000s | 91.83 2010 = 100 | 83.93 2010 = 100 | 107.98 2010 = 100 | 10 |
| 2010s | 100.45 2010 = 100 | 98.19 2010 = 100 | 103.32 2010 = 100 | 10 |
| 2020s | 111.46 2010 = 100 | 104.55 2010 = 100 | 117.3 2010 = 100 | 6 |
Countries ranked near Latvia, Republic of
- 19 Costa Rica 118.52 2010 = 100 compare
- 20 Armenia 118.17 2010 = 100 compare
- 21 Poland, Republic of 117.37 2010 = 100 compare
- 23 Uganda 116.3 2010 = 100 compare
- 24 Slovak Republic 116.28 2010 = 100 compare
- 25 Romania 116.04 2010 = 100 compare
More financial sector data for Latvia, Republic of
- Domestic credit to private sector by banks 29.3% (2024)
- Total reserves in months of imports 2.02 (2025)
- Net domestic credit 16.04 billion current LCU (2024)
- Net foreign assets 9.50 billion current LCU (2024)
- Monetary Sector credit to private sector 29.3% (2024)
- Claims on central government, etc. 3.5% (2024)
- Domestic credit to private sector 29.3% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration -7,330 (2025)
- Net migration, annual growth rate -229.44 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate index in Latvia, Republic of?
- Real effective exchange rate index in Latvia, Republic of was 117.3 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 Latvia, Republic of?
- The highest recorded value was 117.3 2010 = 100 in 2025.
- What is the lowest real effective exchange rate index recorded in Latvia, Republic of?
- The lowest recorded value was 60.15 2010 = 100 in 1993.
- How does Latvia, Republic of rank for real effective exchange rate index?
- Latvia, Republic of ranks 22nd out of 95 countries with data for 2025.
- Is real effective exchange rate index rising or falling in Latvia, Republic of?
- Over the last ten years it is up 19.5%. The long-run trend across the full record is rising.
- Where does this Latvia, Republic of 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 Β· JSON β 33 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.