Real effective exchange rate (REER), Index (2010=100) Adjusted by in Zambia
Zambia: Real effective exchange rate (REER), Index (2010=100) Adjusted by was 83.45 in 2025. ▲ Rising
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Zambia, 1988–2025
Source: International Monetary Fund.
Analysis
In 2025, real effective exchange rate (reer), index (2010=100) adjusted by in Zambia stood at 83.45.
The figure is up 13.9% on the previous year and down 3.8% over ten years.
Over the whole period, real effective exchange rate (reer), index (2010=100) adjusted by in Zambia peaked at 112.59 in 2008 and was at its lowest, 46.99, in 1992.
That places Zambia 84th out of 93 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 38 years of available data.
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 1988 | 50.23 | — |
| 1989 | 64.98 | +29.4% |
| 1990 | 53.3 | -18.0% |
| 1991 | 49.22 | -7.7% |
| 1992 | 46.99 | -4.5% |
| 1993 | 53.36 | +13.6% |
| 1994 | 51.24 | -4.0% |
| 1995 | 49.19 | -4.0% |
| 1996 | 53.69 | +9.2% |
| 1997 | 62.18 | +15.8% |
| 1998 | 58.12 | -6.5% |
| 1999 | 58.21 | +0.1% |
| 2000 | 59.75 | +2.7% |
| 2001 | 68.34 | +14.4% |
| 2002 | 69.96 | +2.4% |
| 2003 | 61.92 | -11.5% |
| 2004 | 65.11 | +5.1% |
| 2005 | 80.39 | +23.5% |
| 2006 | 105.59 | +31.3% |
| 2007 | 97.59 | -7.6% |
| 2008 | 112.59 | +15.4% |
| 2009 | 95.62 | -15.1% |
| 2010 | 100 | +4.6% |
| 2011 | 97.15 | -2.8% |
| 2012 | 99.71 | +2.6% |
| 2013 | 103.03 | +3.3% |
| 2014 | 98.43 | -4.5% |
| 2015 | 86.74 | -11.9% |
| 2016 | 85.64 | -1.3% |
| 2017 | 94.16 | +10.0% |
| 2018 | 88.49 | -6.0% |
| 2019 | 79.83 | -9.8% |
| 2020 | 66.54 | -16.6% |
| 2021 | 69.82 | +4.9% |
| 2022 | 90.99 | +30.3% |
| 2023 | 84.62 | -7.0% |
| 2024 | 73.26 | -13.4% |
| 2025 | 83.45 | +13.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 57.6 | 50.23 | 64.98 | 2 |
| 1990s | 53.55 | 46.99 | 62.18 | 10 |
| 2000s | 81.69 | 59.75 | 112.59 | 10 |
| 2010s | 93.32 | 79.83 | 103.03 | 10 |
| 2020s | 78.12 | 66.54 | 90.99 | 6 |
Countries ranked near Zambia
More economy & growth data for Zambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.92 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.0875 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 115.3 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 2.2 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,897 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.086 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 113.36 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 722.42 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 14.41 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate (reer), index (2010=100) adjusted by in Zambia?
- Real effective exchange rate (reer), index (2010=100) adjusted by in Zambia was 83.45 in 2025, according to International Monetary Fund.
- What is the highest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Zambia?
- The highest recorded value was 112.59 in 2008.
- What is the lowest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Zambia?
- The lowest recorded value was 46.99 in 1992.
- How does Zambia rank for real effective exchange rate (reer), index (2010=100) adjusted by?
- Zambia ranks 84th out of 93 countries with data for 2025.
- Is real effective exchange rate (reer), index (2010=100) adjusted by rising or falling in Zambia?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is rising.
- Where does this Zambia 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).