Real effective exchange rate index (2010 = 100) in Latvia
Latvia: Real effective exchange rate index (2010 = 100) was 116.85 2010 = 100 in 2025. ▲ Rising
Real effective exchange rate index in Latvia, 1993–2025
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 is 116.85 2010 = 100, measured in 2025. That is the highest value across all 33 years on record.
That represents a change of up 1.0% on the previous year and up 19.0% over ten years.
Over the whole period, real effective exchange rate index in Latvia peaked at 116.85 2010 = 100 in 2025 and was at its lowest, 60.16 2010 = 100, in 1993.
Latvia 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.
Real effective exchange rate index (2010 = 100) in Latvia, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1993 | 60.16 2010 = 100 | — |
| 1994 | 67.63 2010 = 100 | +12.4% |
| 1995 | 70.29 2010 = 100 | +3.9% |
| 1996 | 69.86 2010 = 100 | -0.6% |
| 1997 | 76.1 2010 = 100 | +8.9% |
| 1998 | 80.15 2010 = 100 | +5.3% |
| 1999 | 88.61 2010 = 100 | +10.6% |
| 2000 | 93.66 2010 = 100 | +5.7% |
| 2001 | 91.54 2010 = 100 | -2.3% |
| 2002 | 89.13 2010 = 100 | -2.6% |
| 2003 | 85.02 2010 = 100 | -4.6% |
| 2004 | 85.76 2010 = 100 | +0.9% |
| 2005 | 83.95 2010 = 100 | -2.1% |
| 2006 | 86.42 2010 = 100 | +2.9% |
| 2007 | 92.8 2010 = 100 | +7.4% |
| 2008 | 102.22 2010 = 100 | +10.1% |
| 2009 | 108.01 2010 = 100 | +5.7% |
| 2010 | 100 2010 = 100 | -7.4% |
| 2011 | 102.07 2010 = 100 | +2.1% |
| 2012 | 98.82 2010 = 100 | -3.2% |
| 2013 | 98.54 2010 = 100 | -0.3% |
| 2014 | 99.91 2010 = 100 | +1.4% |
| 2015 | 98.19 2010 = 100 | -1.7% |
| 2016 | 99.84 2010 = 100 | +1.7% |
| 2017 | 100.52 2010 = 100 | +0.7% |
| 2018 | 103.29 2010 = 100 | +2.8% |
| 2019 | 103.3 2010 = 100 | +0.0% |
| 2020 | 104.44 2010 = 100 | +1.1% |
| 2021 | 104.87 2010 = 100 | +0.4% |
| 2022 | 109.31 2010 = 100 | +4.2% |
| 2023 | 116.53 2010 = 100 | +6.6% |
| 2024 | 115.63 2010 = 100 | -0.8% |
| 2025 | 116.85 2010 = 100 | +1.0% |
Latvia compared with similar countries
- Latvia's 116.85 2010 = 100 is above the median for high income countries, which is 101.67 2010 = 100, 1.1× the median. (48 countries reporting)
- Latvia's 116.85 2010 = 100 is above the median for Europe & Central Asia, which is 99.87 2010 = 100, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 73.26 2010 = 100 | 60.16 2010 = 100 | 88.61 2010 = 100 | 7 |
| 2000s | 91.85 2010 = 100 | 83.95 2010 = 100 | 108.01 2010 = 100 | 10 |
| 2010s | 100.45 2010 = 100 | 98.19 2010 = 100 | 103.3 2010 = 100 | 10 |
| 2020s | 111.27 2010 = 100 | 104.44 2010 = 100 | 116.85 2010 = 100 | 6 |
Countries ranked near Latvia
- 19 Saudi Arabia 119.8 2010 = 100 compare
- 20 Costa Rica 118.6 2010 = 100 compare
- 21 Poland 117.38 2010 = 100 compare
- 23 Slovak Republic 116.68 2010 = 100 compare
- 24 Uganda 116.56 2010 = 100 compare
- 25 Sierra Leone 116.17 2010 = 100 compare
More financial sector data for Latvia
- Reserve position in the IMF, US dollar, annual growth rate 68.5 % 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 43.27 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 60.46 % 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 31.6 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 68.5 % 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 43.27 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 60.46 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate index in Latvia?
- Real effective exchange rate index in Latvia was 116.85 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?
- The highest recorded value was 116.85 2010 = 100 in 2025.
- What is the lowest real effective exchange rate index recorded in Latvia?
- The lowest recorded value was 60.16 2010 = 100 in 1993.
- How does Latvia rank for real effective exchange rate index?
- Latvia ranks 22nd out of 95 countries with data for 2025.
- Is real effective exchange rate index rising or falling in Latvia?
- Over the last ten years it is up 19.0%. The long-run trend across the full record is rising.
- Where does this Latvia 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.