Grenada vs Spain: Nominal effective exchange rate (NEER), Index (2010=100) Weighted
Nominal effective exchange rate (NEER), Index (2010=100) Weighted over time
- Grenada
- Spain
How they compare
Grenada currently reports 115.72 against 112.85 in Spain, a difference of 2.87.
The two have swapped places 5 times across 47 shared years of data; in 1979 it was Spain ahead.
Grenada ranks 41st and Spain ranks 44th of 99 countries.
Across the 6 decades both report, Grenada averaged higher in 3 and Spain in 3.
Head to head by decade
| Decade | Grenada | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 49.06 | 140.61 | 91.54 | Spain |
| 1980s | 57.42 | 110.33 | 52.91 | Spain |
| 1990s | 87.42 | 110.74 | 23.32 | Spain |
| 2000s | 101.73 | 99.07 | 2.66 | Grenada |
| 2010s | 105.14 | 101.13 | 4.01 | Grenada |
| 2020s | 114.19 | 108.63 | 5.55 | Grenada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nominal effective exchange rate (neer), index (2010=100) weighted, Grenada or Spain?
- Grenada, at 115.72 against 112.85 in Spain as of 2025.
- What is the difference in nominal effective exchange rate (neer), index (2010=100) weighted between Grenada and Spain?
- 2.87, with Grenada ahead.
- How many years of comparable data are there for Grenada and Spain?
- 47 years are reported by both, from 1979 to 2025.
- How do Grenada and Spain rank globally for nominal effective exchange rate (neer), index (2010=100) weighted?
- Grenada ranks 41st and Spain ranks 44th of 99 countries.
- Where does this data come from?
- International Monetary Fund, published as Nominal effective exchange rate (NEER), Index (2010=100) Weighted index. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The Effective Exchange Rate (EER) dataset includes annual, quarterly and monthly nominal and real effective exchange rates by economy. Nominal effective exchange rates (NEERs) measure the value of a country's currency in relation to a weighted average of the currency values of their major trading partners. Real effective exchange rates (REERs) adjust the NEER to account for a country's inflation rate in relation to the weighted inflation rate of their major trading partners. The IMF publishes NEERs and REERs for approximately 90 IMF member countries that account for the vast share of global international trade. These statistics help policymakers and analysts assess the competitiveness of a country's exports, monitor currency trends, evaluate the impact of exchange rate changes on trade flows, and inform decisions regarding monetary policy, exchange rate management, and international trade. The EERs are calculated by IMF staff using exchange rate information, consumer price indexes received from national authorities and international trade weights. These weights are calculated as three-year averages of annual data available from official sources on trade, tourism and manufacturing collected from the United Nations (UN), Organization for Economic Co-operation and Development (OECD), World Bank, World Tourism Organization (UNWTO), United Nations Industrial Development Organization (UNIDO).