Georgia Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Georgia's real effective exchange rate was 112.13 in 2024, ranked 75th globally. This represents a 6.2% decrease from 2023. Data from BIS, covering 1994–2024.
Overview
Georgia's real effective exchange rate stood at 112.13 in 2024, a decline of +7.45 from 2023. Based on recent trends, this figure is projected to reach 126.49 by 2025. Georgia ranked 75th globally.
Georgia's real effective exchange rate has exhibited significant fluctuations over the past three decades, with the latest reading standing at 112.13, ranking 75th globally. Since its inception in 1994, the indicator has oscillated between a trough of 33.00 and an all-time peak of 119.58 in 2023. The country's exchange rate has generally trended upward, with a notable increase in 2023, surpassing its Romanian counterpart, which ranked 74th globally with a value of 111.64. The exchange rate's performance is closely tied to Georgia's trade dynamics and economic policies. As the country continues to navigate its economic landscape, a shift in trade relationships or changes in monetary policy could significantly alter the trajectory of its real effective exchange rate.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 141.22 | - | - |
| 2026* trend | 133.85 | - | - |
| 2025* trend | 126.49 | - | - |
| 2024 | 112.13 | −7.45 | #75 |
| 2023 | 119.58 | +9.94 | #91 |
| 2022 | 109.64 | +18.47 | #80 |
| 2021 | 91.17 | +1.65 | #26 |
| 2020 | 89.52 | −3.11 | #22 |
| 2019 | 92.64 | −4.58 | #25 |
| 2018 | 97.22 | +0.24 | #38 |
| 2017 | 96.98 | −2.26 | #47 |
| 2016 | 99.24 | +0.84 | #59 |
| 2015 | 98.40 | −8.02 | #61 |
| 2014 | 106.42 | −0.81 | #82 |
| 2013 | 107.23 | −3.17 | #85 |
| 2012 | 110.40 | +1.96 | #99 |
| 2011 | 108.44 | +8.44 | #98 |
| 2010 | 100.00 | −4.57 | #43 |
Analysis
Georgia's real effective exchange rate was 112.13 in 2024, a decline of −7.45 from 2023. Based on trends, estimated 126.49 by 2025.
Frequently Asked Questions
Georgia's real effective exchange rate was 112.13 in 2024. Ranked 75th globally. This represents a 6.2% decrease from the previous year.
Georgia's real effective exchange rate peaked at 119.58 in 2023.
The lowest real effective exchange rate in Georgia was 33.00 in 1994.
Georgia ranks 75th globally in real effective exchange rate as of 2024.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Georgia's real effective exchange rate is projected to reach 126.49 by 2025 based on trend extrapolation.
The real effective exchange rate of Georgia in 2024 was 112.13. This ranks 75th in the world.
Cite this page
@misc{historysaid_georgia_reer,
title = {Georgia Real Effective Exchange Rate},
url = {https://historysaid.com/georgia/reer/},
publisher = {HistorySaid},
year = {2026}
}