Real effective exchange rate index (2010 = 100) in Spain
Spain: Real effective exchange rate index (2010 = 100) was 98.9 2010 = 100 in 2025. ▲ Rising
Real effective exchange rate index in Spain, 1980–2025
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 Spain is 98.9 2010 = 100, measured in 2025.
Compared with earlier readings it is up 1.7% on the previous year and up 5.4% over ten years.
Over the whole period, real effective exchange rate index in Spain peaked at 107.91 2010 = 100 in 1991 and was at its lowest, 77.68 2010 = 100, in 1983.
That places Spain 61st out of 95 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Real effective exchange rate index (2010 = 100) in Spain, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1980 | 94.04 2010 = 100 | — |
| 1981 | 88.72 2010 = 100 | -5.7% |
| 1982 | 88.55 2010 = 100 | -0.2% |
| 1983 | 77.68 2010 = 100 | -12.3% |
| 1984 | 80.01 2010 = 100 | +3.0% |
| 1985 | 81.51 2010 = 100 | +1.9% |
| 1986 | 86.73 2010 = 100 | +6.4% |
| 1987 | 90.26 2010 = 100 | +4.1% |
| 1988 | 94.52 2010 = 100 | +4.7% |
| 1989 | 100.28 2010 = 100 | +6.1% |
| 1990 | 107.3 2010 = 100 | +7.0% |
| 1991 | 107.91 2010 = 100 | +0.6% |
| 1992 | 107.35 2010 = 100 | -0.5% |
| 1993 | 95.55 2010 = 100 | -11.0% |
| 1994 | 91.14 2010 = 100 | -4.6% |
| 1995 | 92.78 2010 = 100 | +1.8% |
| 1996 | 94.66 2010 = 100 | +2.0% |
| 1997 | 90.49 2010 = 100 | -4.4% |
| 1998 | 90.98 2010 = 100 | +0.5% |
| 1999 | 90.38 2010 = 100 | -0.7% |
| 2000 | 88.46 2010 = 100 | -2.1% |
| 2001 | 90.11 2010 = 100 | +1.9% |
| 2002 | 92.18 2010 = 100 | +2.3% |
| 2003 | 96.77 2010 = 100 | +5.0% |
| 2004 | 98.7 2010 = 100 | +2.0% |
| 2005 | 99.13 2010 = 100 | +0.4% |
| 2006 | 100.46 2010 = 100 | +1.3% |
| 2007 | 102.02 2010 = 100 | +1.5% |
| 2008 | 103.92 2010 = 100 | +1.9% |
| 2009 | 103.78 2010 = 100 | -0.1% |
| 2010 | 100 2010 = 100 | -3.6% |
| 2011 | 100.4 2010 = 100 | +0.4% |
| 2012 | 97.97 2010 = 100 | -2.4% |
| 2013 | 99.76 2010 = 100 | +1.8% |
| 2014 | 99.25 2010 = 100 | -0.5% |
| 2015 | 93.87 2010 = 100 | -5.4% |
| 2016 | 94.73 2010 = 100 | +0.9% |
| 2017 | 96.04 2010 = 100 | +1.4% |
| 2018 | 97.91 2010 = 100 | +1.9% |
| 2019 | 96.02 2010 = 100 | -1.9% |
| 2020 | 96.39 2010 = 100 | +0.4% |
| 2021 | 97.28 2010 = 100 | +0.9% |
| 2022 | 96.3 2010 = 100 | -1.0% |
| 2023 | 96.66 2010 = 100 | +0.4% |
| 2024 | 97.21 2010 = 100 | +0.6% |
| 2025 | 98.9 2010 = 100 | +1.7% |
Spain compared with similar countries
- Spain's 98.9 2010 = 100 is below the median for high income countries, which is 101.67 2010 = 100, 97% of the median. (48 countries reporting)
- Spain's 98.9 2010 = 100 is below the median for Europe & Central Asia, which is 99.87 2010 = 100, 99% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 88.23 2010 = 100 | 77.68 2010 = 100 | 100.28 2010 = 100 | 10 |
| 1990s | 96.85 2010 = 100 | 90.38 2010 = 100 | 107.91 2010 = 100 | 10 |
| 2000s | 97.55 2010 = 100 | 88.46 2010 = 100 | 103.92 2010 = 100 | 10 |
| 2010s | 97.59 2010 = 100 | 93.87 2010 = 100 | 100.4 2010 = 100 | 10 |
| 2020s | 97.12 2010 = 100 | 96.3 2010 = 100 | 98.9 2010 = 100 | 6 |
Countries ranked near Spain
More financial sector data for Spain
- Reserve position in the IMF, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 69.18 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.11 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 50.52 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.53 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 69.18 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.11 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate index in Spain?
- Real effective exchange rate index in Spain was 98.9 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 Spain?
- The highest recorded value was 107.91 2010 = 100 in 1991.
- What is the lowest real effective exchange rate index recorded in Spain?
- The lowest recorded value was 77.68 2010 = 100 in 1983.
- How does Spain rank for real effective exchange rate index?
- Spain ranks 61st out of 95 countries with data for 2025.
- Is real effective exchange rate index rising or falling in Spain?
- Over the last ten years it is up 5.4%. The long-run trend across the full record is rising.
- Where does this Spain 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.