Real effective exchange rate index (2010 = 100) in Singapore
Singapore: Real effective exchange rate index (2010 = 100) was 121.75 2010 = 100 in 2025. ▲ Rising
Latest (2025)
121.75 2010 = 100
Change on year
up 0.6%
World rank
17th
of 95 countries
All-time high
121.75 2010 = 100
in 2025
All-time low
83.73 2010 = 100
in 1988
Years of data
47
1979–2025
Real effective exchange rate index in Singapore, 1979–2025
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 Singapore is 121.75 2010 = 100, measured in 2025. That is the highest value across all 47 years on record.
The figure is up 0.6% on the previous year and up 12.4% over ten years.
Over the whole period, real effective exchange rate index in Singapore peaked at 121.75 2010 = 100 in 2025 and was at its lowest, 83.73 2010 = 100, in 1988.
Singapore ranks 17th of 95 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Real effective exchange rate index (2010 = 100) in Singapore, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1979 | 96.25 2010 = 100 | — |
| 1980 | 95.9 2010 = 100 | -0.4% |
| 1981 | 101.41 2010 = 100 | +5.7% |
| 1982 | 106.35 2010 = 100 | +4.9% |
| 1983 | 107.67 2010 = 100 | +1.2% |
| 1984 | 109.43 2010 = 100 | +1.6% |
| 1985 | 106.72 2010 = 100 | -2.5% |
| 1986 | 91 2010 = 100 | -14.7% |
| 1987 | 85.41 2010 = 100 | -6.1% |
| 1988 | 83.73 2010 = 100 | -2.0% |
| 1989 | 87.5 2010 = 100 | +4.5% |
| 1990 | 93.03 2010 = 100 | +6.3% |
| 1991 | 96.05 2010 = 100 | +3.2% |
| 1992 | 97.72 2010 = 100 | +1.7% |
| 1993 | 97.99 2010 = 100 | +0.3% |
| 1994 | 102.52 2010 = 100 | +4.6% |
| 1995 | 104.26 2010 = 100 | +1.7% |
| 1996 | 107.21 2010 = 100 | +2.8% |
| 1997 | 108.54 2010 = 100 | +1.2% |
| 1998 | 105.89 2010 = 100 | -2.4% |
| 1999 | 98.67 2010 = 100 | -6.8% |
| 2000 | 98.51 2010 = 100 | -0.2% |
| 2001 | 99.02 2010 = 100 | +0.5% |
| 2002 | 96.45 2010 = 100 | -2.6% |
| 2003 | 93.06 2010 = 100 | -3.5% |
| 2004 | 92.02 2010 = 100 | -1.1% |
| 2005 | 90.6 2010 = 100 | -1.5% |
| 2006 | 91.82 2010 = 100 | +1.3% |
| 2007 | 92.25 2010 = 100 | +0.5% |
| 2008 | 97.02 2010 = 100 | +5.2% |
| 2009 | 97.03 2010 = 100 | +0.0% |
| 2010 | 100 2010 = 100 | +3.1% |
| 2011 | 105.17 2010 = 100 | +5.2% |
| 2012 | 110.04 2010 = 100 | +4.6% |
| 2013 | 112.07 2010 = 100 | +1.8% |
| 2014 | 111.36 2010 = 100 | -0.6% |
| 2015 | 108.34 2010 = 100 | -2.7% |
| 2016 | 108.31 2010 = 100 | -0.0% |
| 2017 | 107.11 2010 = 100 | -1.1% |
| 2018 | 106.37 2010 = 100 | -0.7% |
| 2019 | 106.56 2010 = 100 | +0.2% |
| 2020 | 103.62 2010 = 100 | -2.8% |
| 2021 | 103.42 2010 = 100 | -0.2% |
| 2022 | 109.62 2010 = 100 | +6.0% |
| 2023 | 117.57 2010 = 100 | +7.3% |
| 2024 | 120.96 2010 = 100 | +2.9% |
| 2025 | 121.75 2010 = 100 | +0.6% |
Singapore compared with similar countries
- Singapore's 121.75 2010 = 100 is above the median for high income countries, which is 101.67 2010 = 100, 1.2× the median. (48 countries reporting)
- Singapore's 121.75 2010 = 100 is above the median for East Asia & Pacific, which is 112.49 2010 = 100, 1.1× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 96.25 2010 = 100 | 96.25 2010 = 100 | 96.25 2010 = 100 | 1 |
| 1980s | 97.51 2010 = 100 | 83.73 2010 = 100 | 109.43 2010 = 100 | 10 |
| 1990s | 101.19 2010 = 100 | 93.03 2010 = 100 | 108.54 2010 = 100 | 10 |
| 2000s | 94.78 2010 = 100 | 90.6 2010 = 100 | 99.02 2010 = 100 | 10 |
| 2010s | 107.53 2010 = 100 | 100 2010 = 100 | 112.07 2010 = 100 | 10 |
| 2020s | 112.82 2010 = 100 | 103.42 2010 = 100 | 121.75 2010 = 100 | 6 |
Countries ranked near Singapore
- 14 Hong Kong 125.88 2010 = 100 compare
- 15 Trinidad and Tobago 124.48 2010 = 100 compare
- 16 Czechia 123.61 2010 = 100 compare
- 18 Bulgaria 120.39 2010 = 100 compare
- 19 Saudi Arabia 119.8 2010 = 100 compare
- 20 Costa Rica 118.6 2010 = 100 compare
More financial sector data for Singapore
- Reserve position in the IMF, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 230.78 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.73 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 168.51 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 230.78 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.73 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate index in Singapore?
- Real effective exchange rate index in Singapore was 121.75 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 Singapore?
- The highest recorded value was 121.75 2010 = 100 in 2025.
- What is the lowest real effective exchange rate index recorded in Singapore?
- The lowest recorded value was 83.73 2010 = 100 in 1988.
- How does Singapore rank for real effective exchange rate index?
- Singapore ranks 17th out of 95 countries with data for 2025.
- Is real effective exchange rate index rising or falling in Singapore?
- Over the last ten years it is up 12.4%. The long-run trend across the full record is rising.
- Where does this Singapore 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 — 47 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.