Real effective exchange rate (REER), Index (2010=100) Adjusted by in Spain
Spain: Real effective exchange rate (REER), Index (2010=100) Adjusted by was 98.91 in 2025. ▲ Rising
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Spain, 1980–2025
Source: International Monetary Fund.
Analysis
The most recent figure for real effective exchange rate (reer), index (2010=100) adjusted by in Spain is 98.91, measured in 2025.
That represents a change of up 1.8% on the previous year and up 5.4% over ten years.
Over the whole period, real effective exchange rate (reer), index (2010=100) adjusted by in Spain peaked at 107.91 in 1991 and was at its lowest, 77.68, in 1983.
That places Spain 59th out of 93 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 (REER), Index (2010=100) Adjusted by in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 94.04 | — |
| 1981 | 88.72 | -5.7% |
| 1982 | 88.55 | -0.2% |
| 1983 | 77.68 | -12.3% |
| 1984 | 80.01 | +3.0% |
| 1985 | 81.51 | +1.9% |
| 1986 | 86.73 | +6.4% |
| 1987 | 90.26 | +4.1% |
| 1988 | 94.52 | +4.7% |
| 1989 | 100.28 | +6.1% |
| 1990 | 107.3 | +7.0% |
| 1991 | 107.91 | +0.6% |
| 1992 | 107.35 | -0.5% |
| 1993 | 95.55 | -11.0% |
| 1994 | 91.14 | -4.6% |
| 1995 | 92.78 | +1.8% |
| 1996 | 94.66 | +2.0% |
| 1997 | 90.49 | -4.4% |
| 1998 | 90.98 | +0.5% |
| 1999 | 90.38 | -0.7% |
| 2000 | 88.46 | -2.1% |
| 2001 | 90.11 | +1.9% |
| 2002 | 92.18 | +2.3% |
| 2003 | 96.77 | +5.0% |
| 2004 | 98.7 | +2.0% |
| 2005 | 99.13 | +0.4% |
| 2006 | 100.46 | +1.3% |
| 2007 | 102.02 | +1.5% |
| 2008 | 103.92 | +1.9% |
| 2009 | 103.78 | -0.1% |
| 2010 | 100 | -3.6% |
| 2011 | 100.4 | +0.4% |
| 2012 | 97.97 | -2.4% |
| 2013 | 99.76 | +1.8% |
| 2014 | 99.25 | -0.5% |
| 2015 | 93.87 | -5.4% |
| 2016 | 94.73 | +0.9% |
| 2017 | 96.04 | +1.4% |
| 2018 | 97.91 | +1.9% |
| 2019 | 96.02 | -1.9% |
| 2020 | 96.39 | +0.4% |
| 2021 | 97.28 | +0.9% |
| 2022 | 96.3 | -1.0% |
| 2023 | 96.66 | +0.4% |
| 2024 | 97.21 | +0.6% |
| 2025 | 98.91 | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 88.23 | 77.68 | 100.28 | 10 |
| 1990s | 96.85 | 90.38 | 107.91 | 10 |
| 2000s | 97.55 | 88.46 | 103.92 | 10 |
| 2010s | 97.59 | 93.87 | 100.4 | 10 |
| 2020s | 97.12 | 96.3 | 98.91 | 6 |
Countries ranked near Spain
More economy & growth data for Spain
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.77 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.62 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 9.6 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6836 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 26,404 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 4.98 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.6049 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 23,367 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.19 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5488 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is real effective exchange rate (reer), index (2010=100) adjusted by in Spain?
- Real effective exchange rate (reer), index (2010=100) adjusted by in Spain was 98.91 in 2025, according to International Monetary Fund.
- What is the highest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Spain?
- The highest recorded value was 107.91 in 1991.
- What is the lowest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Spain?
- The lowest recorded value was 77.68 in 1983.
- How does Spain rank for real effective exchange rate (reer), index (2010=100) adjusted by?
- Spain ranks 59th out of 93 countries with data for 2025.
- Is real effective exchange rate (reer), index (2010=100) adjusted by 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 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.
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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).