Saudi Arabia Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Saudi Arabia's real effective exchange rate was 100.08 in 2026 (projected), ranked 20th globally. This represents a 1.5% decrease from 2025. Data from BIS, covering 1980–2026.
Overview
Saudi Arabia's real effective exchange rate stood at 100.08 in 2026, a decline of +1.56 from 2025. Based on recent trends, this figure is projected to reach 95.56 by 2027. Saudi Arabia ranked 20th globally.
Saudi Arabia's Real Effective Exchange Rate (REER) has experienced significant fluctuations over the past 47 years, with the earliest recorded value in 1980 standing at 240.89. The all-time peak occurred in 1982 at 247.00, indicating a period of substantial appreciation in the Saudi riyal. In contrast, the all-time trough was reached in 2008 at 94.30, marking a notable depreciation. As of 2026, the REER stands at 100.08, placing Saudi Arabia at the 20th position globally. Notably, Italy, a peer country, has a comparable REER of 99.95, while Thailand's REER of 100.98 is marginally higher. The decline from the peak in 1982 to the trough in 2008 may indicate a period of relative exchange rate stability in recent years. However, a sustained increase in oil prices or changes in global trade policies could potentially alter the REER trajectory, leading to renewed appreciation or depreciation of the Saudi riyal.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2029* trend | 84.77 | - | - |
| 2028* trend | 90.17 | - | - |
| 2027* trend | 95.56 | - | - |
| 2026 | 100.08 | −1.56 | #20 |
| 2025 | 101.64 | −1.02 | #29 |
| 2024 | 119.66 | +17.36 | #90 |
| 2023 | 118.97 | +17.06 | #90 |
| 2022 | 118.39 | +20.19 | #92 |
| 2021 | 113.56 | +13.56 | #90 |
| 2020 | 115.79 | +18.12 | #91 |
| 2019 | 112.94 | +14.76 | #89 |
| 2018 | 113.96 | +14.90 | #92 |
| 2017 | 114.90 | +13.33 | #92 |
| 2016 | 117.27 | +19.27 | #91 |
| 2015 | 113.58 | +23.60 | #88 |
| 2014 | 103.80 | +15.05 | #77 |
| 2013 | 101.56 | +14.84 | #67 |
| 2012 | 99.28 | +15.16 | #53 |
Detected Pattern
Analysis
Saudi Arabia matched the Export Boom Cycle pattern in 2012. 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
Saudi Arabia's real effective exchange rate was 100.08 in 2026. Ranked 20th globally. This represents a 1.5% decrease from the previous year.
Saudi Arabia's real effective exchange rate peaked at 247.00 in 1982.
The lowest real effective exchange rate in Saudi Arabia was 94.30 in 2008.
Saudi Arabia ranks 20th globally in real effective exchange rate as of 2026.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Saudi Arabia's real effective exchange rate is projected to reach 95.56 by 2027 based on trend extrapolation.
The real effective exchange rate of Saudi Arabia in 2026 was 100.08. This ranks 20th in the world.
Cite this page
@misc{historysaid_saudi-arabia_reer,
title = {Saudi Arabia Real Effective Exchange Rate},
url = {https://historysaid.com/saudi-arabia/reer/},
publisher = {HistorySaid},
year = {2026}
}