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Croatia Real Effective Exchange Rate

Real effective exchange rate index  PX.REX.REER

Croatia's real effective exchange rate was 106.26 in 2026 (projected), ranked 34th globally. This represents a 0.6% increase from 2025. Data from BIS, covering 1994–2026.

106.26 +0.60 (+0.6%)
Year 2026 Rank #34 Global Peak 106.26 (2026) Source BIS

Croatia Real Effective Exchange Rate (1994–2026)

Overview

Croatia's real effective exchange rate stood at 106.26 in 2026, a rise of +0.60 from 2025. Based on recent trends, this figure is projected to reach 109.81 by 2027. Croatia ranked 34th globally.

Croatia's real effective exchange rate (REER) has experienced a moderate degree of fluctuation over the past three decades, with its value increasing to 106.26 in 2026, a position it holds globally at #34. The country's REER has shown an upward trend since its all-time trough in 2000, when it reached 89.63. This resurgence may be compared to that of Belgium, which also experienced a significant increase in its REER since 1994. The REER has continued to climb, even surpassing its all-time peak in 2026. The stable rise in Croatia's REER over the past few years is a positive indicator for trade competitiveness, as it suggests that the country's exports have become more expensive relative to its trading partners. However, the upward trend may be influenced by the global economic environment and monetary policies, and a shift in these factors could potentially alter the trajectory of Croatia's REER. A depreciation of the euro or a decrease in global interest rates could lead to a decline in the country's REER, thus affecting its trade competitiveness.

Data & projection

Year Real Effective Exchange Rate YoY change Rank
2029* trend 116.03 - -
2028* trend 112.92 - -
2027* trend 109.81 - -
2026 106.26 +0.60 #34
2025 105.66 +1.43 #38
2024 98.16 −5.31 #40
2023 97.66 −3.88 #38
2022 94.73 −5.51 #36
2021 93.99 −6.01 #31
2020 93.37 −7.88 #27
2019 94.10 −8.19 #31
2018 95.27 −5.75 #29
2017 93.60 −6.86 #26
2016 92.95 −7.17 #28
2015 92.63 −9.65 #28
2014 95.82 −7.35 #25
2013 96.81 −5.73 #24
2012 95.41 −8.65 #18
Show all years (1994-2026)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.7% GDP growth 12.6% C/A balance 0.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Croatia 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

What is Croatia's real effective exchange rate?▾

Croatia's real effective exchange rate was 106.26 in 2026. Ranked 34th globally. This represents a 0.6% increase from the previous year.

What was the highest real effective exchange rate in Croatia?▾

Croatia's real effective exchange rate peaked at 106.26 in 2026.

What was the lowest real effective exchange rate in Croatia?▾

The lowest real effective exchange rate in Croatia was 89.63 in 2000.

How does Croatia rank in real effective exchange rate?▾

Croatia ranks 34th globally in real effective exchange rate as of 2026.

What is the World Bank indicator code for real effective exchange rate?▾

The World Bank indicator code is PX.REX.REER. Data sourced from BIS.

What is the projected real effective exchange rate of Croatia in 2027?▾

Croatia's real effective exchange rate is projected to reach 109.81 by 2027 based on trend extrapolation.

What is the real effective exchange rate of Croatia in 2026?▾

The real effective exchange rate of Croatia in 2026 was 106.26. This ranks 34th in the world.

Cite this page

APA
Croatia Real Effective Exchange Rate. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/croatia/reer/
BibTeX
@misc{historysaid_croatia_reer, title = {Croatia Real Effective Exchange Rate}, url = {https://historysaid.com/croatia/reer/}, publisher = {HistorySaid}, year = {2026} }
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