Germany - Real Effective Exchange Rate 2021
Germany's real effective exchange rate was 97.14 in 2021, decreased +2.86 from 96.35 in 2020. This was the 42nd highest globally.
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brazil | 53.79 | -46.2% |
| 2nd | Colombia | 65.81 | -34.2% |
| 3rd | Zambia | 69.77 | 5.0% |
| 4th | Japan | 70.69 | -29.3% |
| 5th | Ghana | 74.27 | -0.5% |
| 6th | South Africa | 77.68 | -22.3% |
| 7th | Russian Federation | 79.43 | -20.6% |
| 8th | Mexico | 81.64 | -18.4% |
| 9th | Lesotho | 81.69 | 8.7% |
| 10th | Norway | 83.09 | -16.9% |
| 11th | Malaysia | 83.28 | -16.7% |
| 12th | Dominican Republic | 83.34 | 1.5% |
| 13th | Canada | 84.76 | -15.2% |
| 14th | Tunisia | 85.85 | 0.8% |
| 15th | Hungary | 86.10 | -13.9% |
| 16th | Algeria | 86.80 | -13.2% |
| 17th | Chile | 87.50 | -12.5% |
| 18th | Greece | 87.67 | -12.3% |
| 19th | Cyprus | 87.68 | -12.3% |
| 20th | Ireland | 88.22 | -11.8% |
| 21st | Peru | 88.24 | -11.8% |
| 22nd | Türkiye | 89.89 | -10.1% |
| 23rd | Malawi | 90.18 | -4.7% |
| 24th | Sweden | 90.28 | -9.7% |
| 25th | Australia | 90.54 | -9.5% |
| 26th | Georgia | 91.17 | 1.8% |
| 27th | Poland | 92.59 | -7.4% |
| 28th | Grenada | 92.86 | -3.0% |
| 29th | Nicaragua | 93.03 | -3.1% |
| 30th | Malta | 93.13 | -6.9% |
| 31st | Croatia | 93.99 | -6.0% |
| 32nd | Ukraine | 94.13 | 2.3% |
| 33rd | St. Kitts and Nevis | 94.17 | -3.1% |
| 34th | Dominica | 94.29 | -1.1% |
| 35th | France | 94.42 | -5.6% |
| 36th | Thailand | 94.45 | -5.6% |
| 37th | Italy | 94.92 | -5.1% |
| 38th | United Arab Emirates | 94.93 | -5.1% |
| 39th | Denmark | 95.97 | -4.0% |
| 40th | Portugal | 96.65 | -3.3% |
| 41st | Gambia, The | 96.90 | 1.5% |
| 42nd | Germany | 97.14 | -2.9% |
| 43rd | Spain | 97.28 | -2.7% |
| 44th | Finland | 97.81 | -2.2% |
| 45th | Togo | 97.83 | 1.9% |
| 46th | Costa Rica | 98.00 | -9.1% |
| 47th | Indonesia | 98.50 | -1.5% |
| 48th | St. Lucia | 98.58 | -2.2% |
| 49th | Uganda | 98.72 | 1.5% |
| 50th | Bosnia and Herzegovina | 99.40 | -0.6% |
| 51st | Côte d'Ivoire | 99.55 | 2.0% |
| 52nd | Romania | 99.56 | -0.4% |
| 53rd | Slovenia | 99.65 | -0.4% |
| 54th | Bahamas, The | 99.75 | -1.7% |
| 55th | Cameroon | 99.83 | 0.1% |
| 56th | India | 99.90 | -0.1% |
| 57th | Armenia | 100.26 | -2.0% |
| 58th | Pakistan | 100.28 | 2.8% |
| 59th | North Macedonia | 100.43 | 0.4% |
| 60th | St. Vincent and the Grenadines | 100.89 | -3.0% |
| 61st | Luxembourg | 101.17 | 1.2% |
| 62nd | Belgium | 101.40 | 1.4% |
| 63rd | Estonia | 101.72 | 1.7% |
| 64th | Serbia | 101.78 | 1.8% |
| 65th | Lithuania | 101.79 | 1.8% |
| 66th | Belize | 101.95 | -2.3% |
| 67th | Netherlands | 102.10 | 2.1% |
| 68th | Gabon | 102.14 | -1.1% |
| 69th | Bahrain | 102.30 | -4.6% |
| 70th | United Kingdom | 102.62 | 2.6% |
| 71st | Argentina | 103.10 | 3.1% |
| 72nd | Morocco | 103.18 | 3.2% |
| 73rd | Singapore | 103.41 | 3.4% |
| 74th | Slovak Republic | 103.72 | 3.7% |
| 75th | Austria | 104.00 | 4.0% |
| 76th | Samoa | 104.08 | 0.5% |
| 77th | Czechia | 104.87 | 4.9% |
| 78th | Latvia | 105.02 | 5.0% |
| 79th | Switzerland | 105.52 | 5.5% |
| 80th | Equatorial Guinea | 105.85 | -2.2% |
| 81st | Uruguay | 106.21 | -2.2% |
| 82nd | Sierra Leone | 106.66 | -0.5% |
| 83rd | Bulgaria | 106.75 | 6.8% |
| 84th | New Zealand | 107.61 | 7.6% |
| 85th | Paraguay | 107.76 | -1.0% |
| 86th | Guyana | 108.33 | 0.9% |
| 87th | Antigua and Barbuda | 108.36 | -3.4% |
| 88th | Fiji | 108.37 | -1.8% |
| 89th | Philippines | 111.12 | 11.1% |
| 90th | Saudi Arabia | 113.56 | 13.6% |
| 91st | Israel | 114.32 | 14.3% |
| 92nd | United States | 115.63 | 15.6% |
| 93rd | Burundi | 116.67 | 0.3% |
| 94th | Nigeria | 117.04 | -2.1% |
| 95th | Congo, Democratic Republic of | 118.31 | -6.3% |
| 96th | Papua New Guinea | 122.53 | -3.9% |
| 97th | Trinidad and Tobago | 123.94 | -3.2% |
| 98th | Solomon Islands | 124.75 | -3.9% |
| 99th | Hong Kong SAR, China | 125.88 | 25.9% |
| 100th | Iceland | 126.72 | 26.7% |
| 101st | China | 127.32 | 27.3% |
| 102nd | Moldova | 128.41 | -2.7% |
| 103rd | Central African Republic | 130.67 | 2.2% |
| 104th | Korea | 138.97 | 39.0% |
| 105th | Bolivia, Plurinational State of | 152.44 | -4.1% |
| 106th | Iran, Islamic Republic of | 230.38 | 37.5% |
FAQ
Germany's real effective exchange rate in 2021 was 97.14. This ranked 42nd globally.
Germany's real effective exchange rate decreased by 2.9% in 2021 compared to 2020.
Iran, Islamic Republic of had the highest real effective exchange rate in 2021 at 230.38.
The real effective exchange rate of Germany in 2021 was 97.14. This ranked 42nd globally.
Germany's real effective exchange rate went from 96.35 in 2020 to 97.14 in 2021, a 2.9% decrease.
Germany matched the Export Boom Cycle pattern in 2021. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: -0.9%. View full analysis →