Real effective exchange rate (REER), Index (2010=100) Adjusted by in Singapore
Singapore: Real effective exchange rate (REER), Index (2010=100) Adjusted by was 121.75 in 2025. ▲ Rising
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Singapore, 1979–2025
Source: International Monetary Fund.
Analysis
Singapore recorded 121.75 for real effective exchange rate (reer), index (2010=100) adjusted by 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 (reer), index (2010=100) adjusted by in Singapore peaked at 121.75 in 2025 and was at its lowest, 83.73, in 1988.
That places Singapore 14th out of 93 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 96.25 | — |
| 1980 | 95.9 | -0.4% |
| 1981 | 101.41 | +5.7% |
| 1982 | 106.35 | +4.9% |
| 1983 | 107.67 | +1.2% |
| 1984 | 109.43 | +1.6% |
| 1985 | 106.72 | -2.5% |
| 1986 | 91 | -14.7% |
| 1987 | 85.41 | -6.1% |
| 1988 | 83.73 | -2.0% |
| 1989 | 87.5 | +4.5% |
| 1990 | 93.03 | +6.3% |
| 1991 | 96.05 | +3.2% |
| 1992 | 97.72 | +1.7% |
| 1993 | 97.99 | +0.3% |
| 1994 | 102.52 | +4.6% |
| 1995 | 104.26 | +1.7% |
| 1996 | 107.21 | +2.8% |
| 1997 | 108.54 | +1.2% |
| 1998 | 105.89 | -2.4% |
| 1999 | 98.67 | -6.8% |
| 2000 | 98.51 | -0.2% |
| 2001 | 99.02 | +0.5% |
| 2002 | 96.45 | -2.6% |
| 2003 | 93.06 | -3.5% |
| 2004 | 92.02 | -1.1% |
| 2005 | 90.6 | -1.5% |
| 2006 | 91.82 | +1.3% |
| 2007 | 92.25 | +0.5% |
| 2008 | 97.02 | +5.2% |
| 2009 | 97.03 | +0.0% |
| 2010 | 100 | +3.1% |
| 2011 | 105.17 | +5.2% |
| 2012 | 110.04 | +4.6% |
| 2013 | 112.07 | +1.8% |
| 2014 | 111.36 | -0.6% |
| 2015 | 108.34 | -2.7% |
| 2016 | 108.31 | -0.0% |
| 2017 | 107.11 | -1.1% |
| 2018 | 106.37 | -0.7% |
| 2019 | 106.56 | +0.2% |
| 2020 | 103.62 | -2.8% |
| 2021 | 103.42 | -0.2% |
| 2022 | 109.62 | +6.0% |
| 2023 | 117.57 | +7.3% |
| 2024 | 120.96 | +2.9% |
| 2025 | 121.75 | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 96.25 | 96.25 | 96.25 | 1 |
| 1980s | 97.51 | 83.73 | 109.43 | 10 |
| 1990s | 101.19 | 93.03 | 108.54 | 10 |
| 2000s | 94.78 | 90.6 | 99.02 | 10 |
| 2010s | 107.53 | 100 | 112.07 | 10 |
| 2020s | 112.82 | 103.42 | 121.75 | 6 |
Countries ranked near Singapore
- 11 Uruguay 127.87 compare
- 12 Trinidad and Tobago 124.48 compare
- 13 Czechia 123.63 compare
- 15 Bulgaria 120.42 compare
- 16 Saudi Arabia 119.8 compare
- 17 Costa Rica 118.61 compare
More economy & growth data for Singapore
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.1743 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 17,223 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.2279 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 22,518 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1506 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 14,884 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 20,462 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.41 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate (reer), index (2010=100) adjusted by in Singapore?
- Real effective exchange rate (reer), index (2010=100) adjusted by in Singapore was 121.75 in 2025, according to International Monetary Fund.
- What is the highest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Singapore?
- The highest recorded value was 121.75 in 2025.
- What is the lowest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Singapore?
- The lowest recorded value was 83.73 in 1988.
- How does Singapore rank for real effective exchange rate (reer), index (2010=100) adjusted by?
- Singapore ranks 14th out of 93 countries with data for 2025.
- Is real effective exchange rate (reer), index (2010=100) adjusted by 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 Monetary Fund, published as part of Real effective exchange rate (REER), Index (2010=100) Adjusted by relative consumer prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under IMF Terms and Conditions (attribution required).
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).