Samoa Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Samoa's real effective exchange rate was 116.58 in 2024, ranked 86th globally. This represents a 0.3% decrease from 2023. Data from BIS, covering 1979–2024.
Overview
Samoa's real effective exchange rate stood at 116.58 in 2024, a decline of +0.29 from 2023. Based on recent trends, this figure is projected to reach 122.29 by 2025. Samoa ranked 86th globally.
Samoa's real effective exchange rate has experienced significant fluctuations over the past 46 years, with an all-time peak of 117.00 in 1982 and a trough of 74.68 in 2000. The BIS data shows that the real effective exchange rate has been steadily rising, with the latest value in 2024 standing at 116.58, ranking 86 globally. This trajectory is comparable to neighboring countries such as Bulgaria, which has also experienced a rise in its real effective exchange rate, reaching 117.79. Conversely, the real effective exchange rate in Latvia has been relatively stable, with a value of 115.81. The current real effective exchange rate in Samoa is slightly below its all-time peak, suggesting that the country's currency may be undervalued. However, a decline in the global trade environment or a shift in economic policies could potentially alter the trajectory of Samoa's real effective exchange rate, necessitating adjustments to its monetary policy.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 130.04 | - | - |
| 2026* trend | 126.17 | - | - |
| 2025* trend | 122.29 | - | - |
| 2024 | 116.58 | −0.29 | #86 |
| 2023 | 116.87 | +4.66 | #87 |
| 2022 | 112.21 | +8.13 | #85 |
| 2021 | 104.08 | +0.48 | #76 |
| 2020 | 103.60 | −2.07 | #72 |
| 2019 | 105.67 | +0.82 | #80 |
| 2018 | 104.85 | +1.07 | #78 |
| 2017 | 103.78 | −0.88 | #73 |
| 2016 | 104.66 | +1.17 | #76 |
| 2015 | 103.49 | +2.02 | #73 |
| 2014 | 101.47 | −1.31 | #69 |
| 2013 | 102.78 | −0.49 | #74 |
| 2012 | 103.27 | +0.83 | #73 |
| 2011 | 102.44 | +2.44 | #85 |
| 2010 | 100.00 | −0.01 | #99 |
Detected Pattern
Analysis
Samoa matched the Export Boom Cycle pattern in 2024. 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
Samoa's real effective exchange rate was 116.58 in 2024. Ranked 86th globally. This represents a 0.3% decrease from the previous year.
Samoa's real effective exchange rate peaked at 117.00 in 1982.
The lowest real effective exchange rate in Samoa was 74.68 in 2000.
Samoa ranks 86th globally in real effective exchange rate as of 2024.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Samoa's real effective exchange rate is projected to reach 122.29 by 2025 based on trend extrapolation.
The real effective exchange rate of Samoa in 2024 was 116.58. This ranks 86th in the world.
Cite this page
@misc{historysaid_samoa_reer,
title = {Samoa Real Effective Exchange Rate},
url = {https://historysaid.com/samoa/reer/},
publisher = {HistorySaid},
year = {2026}
}