Greece Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Greece's real effective exchange rate was 101.83 in 2026 (projected), ranked 24th globally. This represents a 0.9% increase from 2025. Data from BIS, covering 1964–2026.
Overview
Greece's real effective exchange rate stood at 101.83 in 2026, a rise of +0.92 from 2025. Based on recent trends, this figure is projected to reach 105.78 by 2027. Greece ranked 24th globally.
Greece’s real effective exchange rate (REER) stood at 101.83 in 2026, placing the country 24th in a global ranking of 63 economies and marginally above Malta’s 101.52 and just below Sweden’s 101.87. The REER has drifted downward from its earliest recorded level of 111.44 in 1964, with the all‑time high of 112.25 reached in 1966 during the post‑war expansion, and the deepest depreciation of 73.48 occurring in 1986 amid the country’s external balance adjustments. Over the 63‑year series, the index reflects a long‑term modest appreciation, suggesting that Greece’s external competitiveness has improved relative to its peers. Structural reforms, fiscal consolidation and continued integration into European monetary frameworks are likely to sustain this gradual strengthening, although any resurgence of external shocks or divergent monetary policy could reverse the trajectory.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2029* trend | 114.23 | - | - |
| 2028* trend | 110.01 | - | - |
| 2027* trend | 105.78 | - | - |
| 2026 | 101.83 | +0.92 | #24 |
| 2025 | 101.24 | +1.27 | #25 |
| 2024 | 87.35 | −12.15 | #17 |
| 2023 | 87.47 | −11.92 | #14 |
| 2022 | 87.57 | −11.49 | #18 |
| 2021 | 87.67 | −12.34 | #18 |
| 2020 | 88.31 | −12.40 | #21 |
| 2019 | 88.70 | −13.94 | #20 |
| 2018 | 90.49 | −11.46 | #22 |
| 2017 | 89.93 | −11.62 | #17 |
| 2016 | 89.52 | −11.97 | #20 |
| 2015 | 89.31 | −18.12 | #18 |
| 2014 | 94.85 | −14.41 | #24 |
| 2013 | 96.50 | −14.35 | #23 |
| 2012 | 97.49 | −16.78 | #41 |
Detected Pattern
Analysis
Greece matched the Stagflation Risk pattern in 1996. Historically, 38% of countries showing this pattern (117 out of 307) saw real effective exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Greece's real effective exchange rate was 101.83 in 2026. Ranked 24th globally. This represents a 0.9% increase from the previous year.
Greece's real effective exchange rate peaked at 112.25 in 1966.
The lowest real effective exchange rate in Greece was 73.48 in 1986.
Greece ranks 24th globally in real effective exchange rate as of 2026.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Greece's real effective exchange rate is projected to reach 105.78 by 2027 based on trend extrapolation.
The real effective exchange rate of Greece in 2026 was 101.83. This ranks 24th in the world.
Cite this page
@misc{historysaid_greece_reer,
title = {Greece Real Effective Exchange Rate},
url = {https://historysaid.com/greece/reer/},
publisher = {HistorySaid},
year = {2026}
}