Austria Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Austria's real effective exchange rate was 108.82 in 2026 (projected), ranked 39th globally. This represents a 3.1% increase from 2025. Data from BIS, covering 1964–2026.
Overview
Austria's real effective exchange rate stood at 108.82 in 2026, a rise of +3.25 from 2025. Based on recent trends, this figure is projected to reach 110.06 by 2027. Austria ranked 39th globally.
Austria’s real effective exchange rate (REER) stood at 108.82 in 2026, placing it 39th in the global ranking and closely matching peers such as Israel at 108.83 and Latvia at 108.88. Over the 63‑year series compiled by the Bank for International Settlements, the Austrian REER rose from an early low of 79.41 in 1964 to a historic peak of 110.91 in 1995, before retreating to a trough of 78.23 in 1971. The post‑1995 decline reflects the combined impact of euro adoption, moderate inflation differentials and a gradual rebalancing of external competitiveness, while the recent figure remains well above the long‑run average of roughly 94. The upward bias of the 2026 level suggests that Austria’s export‑oriented economy continues to experience a relatively strong currency, which could be moderated by further convergence of wage growth with the euro area or by a sustained depreciation of the euro in response to divergent monetary policies.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2029* trend | 112.46 | - | - |
| 2028* trend | 111.26 | - | - |
| 2027* trend | 110.06 | - | - |
| 2026 | 108.82 | +3.25 | #39 |
| 2025 | 106.48 | +2.95 | #42 |
| 2024 | 107.64 | +5.10 | #67 |
| 2023 | 106.65 | +7.41 | #71 |
| 2022 | 102.74 | +2.54 | #63 |
| 2021 | 104.00 | +4.00 | #75 |
| 2020 | 103.68 | +5.23 | #74 |
| 2019 | 101.73 | +2.44 | #65 |
| 2018 | 102.85 | +5.00 | #70 |
| 2017 | 100.99 | +4.09 | #64 |
| 2016 | 99.88 | +4.23 | #61 |
| 2015 | 98.33 | −0.13 | #60 |
| 2014 | 101.82 | +4.66 | #71 |
| 2013 | 100.50 | +5.09 | #56 |
| 2012 | 98.39 | +1.58 | #45 |
Detected Pattern
Analysis
Austria matched the Export Boom Cycle pattern in 2021. 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
Austria's real effective exchange rate was 108.82 in 2026. Ranked 39th globally. This represents a 3.1% increase from the previous year.
Austria's real effective exchange rate peaked at 110.91 in 1995.
The lowest real effective exchange rate in Austria was 78.23 in 1971.
Austria ranks 39th globally in real effective exchange rate as of 2026.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Austria's real effective exchange rate is projected to reach 110.06 by 2027 based on trend extrapolation.
The real effective exchange rate of Austria in 2026 was 108.82. This ranks 39th in the world.
Cite this page
@misc{historysaid_austria_reer,
title = {Austria Real Effective Exchange Rate},
url = {https://historysaid.com/austria/reer/},
publisher = {HistorySaid},
year = {2026}
}