Antigua and Barbuda Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Antigua and Barbuda's real effective exchange rate was 116.10 in 2024, ranked 85th globally. This represents a 2.3% increase from 2023. Data from BIS, covering 1979–2024.
Overview
Antigua and Barbuda's real effective exchange rate stood at 116.10 in 2024, a rise of +2.61 from 2023. Based on recent trends, this figure is projected to reach 117.05 by 2025. Antigua and Barbuda ranked 85th globally.
Antigua and Barbuda's real effective exchange rate (REER) has fluctuated significantly over the past 46 years, with the island nation experiencing both its highest and lowest REER values within this timeframe. At its peak in 1984, the REER stood at 162.37, making the country's exports more expensive relative to its trading partners. In contrast, the trough in 2008 saw a REER of 95.38, indicating a devaluation of the Antiguan dollar. As of 2024, the REER has settled at 116.10, ranking 85 globally. Comparatively, Latvia's REER stands at 115.81, a similar value to Antigua and Barbuda's. The country's REER has generally trended upwards from its 2008 low, reflecting a strengthening of the Antiguan dollar. However, a decline in global trade or a significant shift in the country's export composition could alter the trajectory of this trend.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 119.64 | - | - |
| 2026* trend | 118.35 | - | - |
| 2025* trend | 117.05 | - | - |
| 2024 | 116.10 | +2.61 | #85 |
| 2023 | 113.48 | −2.26 | #80 |
| 2022 | 115.74 | +7.38 | #89 |
| 2021 | 108.36 | −3.83 | #87 |
| 2020 | 112.19 | +0.35 | #90 |
| 2019 | 111.85 | +3.66 | #88 |
| 2018 | 108.19 | −3.35 | #84 |
| 2017 | 111.54 | −0.16 | #87 |
| 2016 | 111.70 | +1.35 | #88 |
| 2015 | 110.35 | +10.04 | #84 |
| 2014 | 100.31 | +0.35 | #59 |
| 2013 | 99.97 | −0.78 | #52 |
| 2012 | 100.74 | +4.08 | #67 |
| 2011 | 96.67 | −3.33 | #17 |
| 2010 | 100.00 | +0.16 | #9 |
Detected Pattern
Analysis
Antigua and Barbuda matched the Export Boom Cycle pattern in 1984. Historically, 71% of countries showing this pattern (546 out of 768) saw real effective exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Antigua and Barbuda's real effective exchange rate was 116.10 in 2024. Ranked 85th globally. This represents a 2.3% increase from the previous year.
Antigua and Barbuda's real effective exchange rate peaked at 162.37 in 1984.
The lowest real effective exchange rate in Antigua and Barbuda was 95.38 in 2008.
Antigua and Barbuda ranks 85th globally in real effective exchange rate as of 2024.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Antigua and Barbuda's real effective exchange rate is projected to reach 117.05 by 2025 based on trend extrapolation.
The real effective exchange rate of Antigua and Barbuda in 2024 was 116.10. This ranks 85th in the world.
Cite this page
@misc{historysaid_antigua-and-barbuda_reer,
title = {Antigua and Barbuda Real Effective Exchange Rate},
url = {https://historysaid.com/antigua-and-barbuda/reer/},
publisher = {HistorySaid},
year = {2026}
}