Serbia - Real Effective Exchange Rate 1998
Serbia's real effective exchange rate was 95.91 in 1998, decreased +18.34 from 114.25 in 1997. This was the 37th highest globally.
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Slovak Republic | 53.69 | 2.8% |
| 2nd | Indonesia | 55.23 | -50.6% |
| 3rd | Zambia | 58.12 | -6.5% |
| 4th | Bulgaria | 65.40 | 22.7% |
| 5th | Equatorial Guinea | 66.84 | 6.4% |
| 6th | Czechia | 67.17 | 10.9% |
| 7th | Trinidad and Tobago | 69.90 | 3.9% |
| 8th | Lithuania | 70.10 | 7.3% |
| 9th | Russian Federation | 70.16 | -36.4% |
| 10th | Hungary | 70.95 | -13.6% |
| 11th | Australia | 73.26 | -22.4% |
| 12th | Estonia | 73.99 | 9.8% |
| 13th | Armenia | 74.06 | 6.0% |
| 14th | Canada | 76.19 | -23.6% |
| 15th | Latvia | 80.15 | 7.5% |
| 16th | Thailand | 80.82 | -14.8% |
| 17th | United Arab Emirates | 81.44 | 9.3% |
| 18th | Moldova | 82.36 | -2.9% |
| 19th | Samoa | 83.23 | -0.5% |
| 20th | Romania | 84.66 | 31.6% |
| 21st | Poland | 86.09 | -0.8% |
| 22nd | India | 88.23 | -3.0% |
| 23rd | New Zealand | 88.64 | -12.7% |
| 24th | Papua New Guinea | 88.74 | -12.2% |
| 25th | Ireland | 88.91 | -13.1% |
| 26th | Spain | 90.98 | -1.7% |
| 27th | Greece | 91.45 | -13.2% |
| 28th | Georgia | 91.67 | -2.5% |
| 29th | Norway | 91.91 | -23.5% |
| 30th | Côte d'Ivoire | 92.52 | 6.8% |
| 31st | Costa Rica | 92.58 | 2.1% |
| 32nd | Central African Republic | 94.25 | -2.3% |
| 33rd | Malta | 94.39 | 2.9% |
| 34th | Croatia | 94.56 | -2.7% |
| 35th | Philippines | 95.47 | -1.2% |
| 36th | Cyprus | 95.67 | -2.4% |
| 37th | Serbia | 95.91 | -16.1% |
| 38th | Portugal | 95.95 | -1.3% |
| 39th | Luxembourg | 96.09 | 0.2% |
| 40th | Malaysia | 96.39 | -30.5% |
| 41st | Switzerland | 96.58 | 10.0% |
| 42nd | Denmark | 97.15 | 3.3% |
| 43rd | Korea | 97.89 | -10.3% |
| 44th | China | 98.01 | 32.6% |
| 45th | Togo | 98.25 | 4.2% |
| 46th | Mexico | 98.39 | -21.0% |
| 47th | Netherlands | 98.59 | 3.6% |
| 48th | Belgium | 98.75 | 3.0% |
| 49th | Colombia | 99.08 | -25.5% |
| 50th | Italy | 99.25 | -3.7% |
| 51st | Peru | 99.46 | 0.7% |
| 52nd | Slovenia | 99.75 | 4.7% |
| 53rd | Guyana | 99.87 | 1.1% |
| 54th | Cameroon | 100.42 | 3.5% |
| 55th | Paraguay | 101.89 | -8.8% |
| 56th | North Macedonia | 102.08 | -5.1% |
| 57th | Dominican Republic | 102.64 | 0.1% |
| 58th | St. Kitts and Nevis | 102.70 | 3.1% |
| 59th | Austria | 103.30 | 3.9% |
| 60th | St. Lucia | 104.96 | 2.5% |
| 61st | Bosnia and Herzegovina | 104.97 | 1.3% |
| 62nd | Solomon Islands | 104.99 | -3.2% |
| 63rd | France | 105.61 | -4.1% |
| 64th | Singapore | 105.89 | 3.9% |
| 65th | Finland | 106.34 | 0.8% |
| 66th | Brazil | 106.76 | -35.8% |
| 67th | Japan | 107.01 | -21.9% |
| 68th | Gabon | 107.04 | 0.7% |
| 69th | Nicaragua | 107.16 | 1.9% |
| 70th | Grenada | 108.50 | 0.6% |
| 71st | Uruguay | 109.02 | 1.8% |
| 72nd | Fiji | 109.38 | -14.9% |
| 73rd | South Africa | 109.66 | -29.4% |
| 74th | Germany | 110.39 | -1.6% |
| 75th | Bolivia, Plurinational State of | 111.62 | 4.6% |
| 76th | Belize | 111.74 | 3.2% |
| 77th | Israel | 112.24 | 10.9% |
| 78th | Morocco | 112.26 | 6.8% |
| 79th | Chile | 112.71 | -12.8% |
| 80th | United States | 116.72 | 28.0% |
| 81st | St. Vincent and the Grenadines | 116.74 | 1.8% |
| 82nd | Sweden | 117.05 | -13.9% |
| 83rd | Bahamas, The | 118.06 | 5.7% |
| 84th | Pakistan | 118.75 | 1.5% |
| 85th | Antigua and Barbuda | 119.51 | 3.6% |
| 86th | Sierra Leone | 120.30 | -14.7% |
| 87th | Dominica | 120.40 | 0.5% |
| 88th | Türkiye | 124.11 | 9.7% |
| 89th | Ukraine | 124.71 | -8.6% |
| 90th | Ghana | 128.43 | 6.8% |
| 91st | Saudi Arabia | 128.69 | 29.6% |
| 92nd | Malawi | 129.05 | -25.5% |
| 93rd | United Kingdom | 129.27 | 3.6% |
| 94th | Bahrain | 130.22 | 2.3% |
| 95th | Tunisia | 131.72 | 0.3% |
| 96th | Iceland | 131.95 | 28.4% |
| 97th | Algeria | 135.45 | -4.2% |
| 98th | Uganda | 135.59 | -11.1% |
| 99th | Burundi | 145.11 | -8.7% |
| 100th | Hong Kong SAR, China | 153.40 | 32.9% |
| 101st | Lesotho | 164.42 | -8.2% |
| 102nd | Iran, Islamic Republic of | 180.79 | 23.8% |
| 103rd | Gambia, The | 196.61 | -0.5% |
| 104th | Congo, Democratic Republic of | 238.72 | 6.9% |
| 105th | Nigeria | 273.00 | 15.7% |
| 106th | Argentina | 436.20 | 3.9% |
FAQ
Serbia's real effective exchange rate in 1998 was 95.91. This ranked 37th globally.
Serbia's real effective exchange rate decreased by 16.1% in 1998 compared to 1997.
Argentina had the highest real effective exchange rate in 1998 at 436.20.
The real effective exchange rate of Serbia in 1998 was 95.91. This ranked 37th globally.
Serbia's real effective exchange rate went from 114.25 in 1997 to 95.91 in 1998, a 16.1% decrease.
Serbia matched the Fiscal Dominance Trap pattern in 1998. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 71.1%. View full analysis →