Trinidad and Tobago - Real Effective Exchange Rate 2008
86.78
+4.89 from 2007
Trinidad and Tobago's real effective exchange rate was 86.78 in 2008, increased +4.89 from 81.89 in 2007. This was the 2nd highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | South Africa | 80.38 | -37.8% |
| 2nd | Trinidad and Tobago | 86.78 | 6.0% |
| 3rd | Iran, Islamic Republic of | 87.39 | 12.8% |
| 4th | Uruguay | 88.24 | 8.4% |
| 5th | Japan | 88.62 | -16.4% |
| 6th | Burundi | 89.03 | 2.7% |
| 7th | Costa Rica | 89.12 | 3.0% |
| 8th | Peru | 89.71 | 4.1% |
| 9th | Thailand | 89.85 | -5.9% |
| 10th | Brazil | 90.36 | -35.1% |
| 11th | Australia | 90.37 | -18.0% |
| 12th | Lithuania | 91.39 | 5.9% |
| 13th | United Arab Emirates | 92.44 | 4.8% |
| 14th | Switzerland | 92.53 | 12.7% |
| 15th | Congo, Democratic Republic of | 92.59 | 1.4% |
| 16th | Samoa | 92.75 | 3.0% |
| 17th | India | 93.71 | -4.9% |
| 18th | Estonia | 94.30 | 5.9% |
| 19th | Saudi Arabia | 94.30 | 22.9% |
| 20th | Guyana | 94.43 | -0.5% |
| 21st | Papua New Guinea | 95.35 | 12.5% |
| 22nd | Antigua and Barbuda | 95.38 | -2.9% |
| 23rd | Colombia | 95.44 | -20.7% |
| 24th | Canada | 95.99 | -21.5% |
| 25th | Equatorial Guinea | 96.88 | 2.8% |
| 26th | China | 97.01 | 36.3% |
| 27th | Singapore | 97.02 | 11.4% |
| 28th | Bolivia, Plurinational State of | 97.23 | 12.2% |
| 29th | St. Lucia | 97.36 | -0.6% |
| 30th | Pakistan | 97.39 | -4.8% |
| 31st | St. Kitts and Nevis | 97.47 | -1.2% |
| 32nd | New Zealand | 97.49 | -8.5% |
| 33rd | Slovak Republic | 97.62 | 11.1% |
| 34th | Philippines | 97.76 | 17.9% |
| 35th | Malaysia | 97.79 | -14.7% |
| 36th | Nicaragua | 97.82 | 3.8% |
| 37th | Bahrain | 97.84 | -6.9% |
| 38th | Malawi | 97.94 | 3.0% |
| 39th | Chile | 98.26 | -13.9% |
| 40th | Indonesia | 98.29 | -3.8% |
| 41st | Israel | 98.32 | 26.3% |
| 42nd | Bahamas, The | 98.41 | -1.0% |
| 43rd | Russian Federation | 98.92 | -18.4% |
| 44th | Grenada | 98.98 | 0.3% |
| 45th | Norway | 99.05 | -21.3% |
| 46th | St. Vincent and the Grenadines | 99.14 | 1.0% |
| 47th | Greece | 99.46 | -10.1% |
| 48th | Nigeria | 99.56 | 10.0% |
| 49th | Bulgaria | 99.66 | 15.9% |
| 50th | Dominican Republic | 99.76 | -0.9% |
| 51st | Belize | 99.84 | -1.4% |
| 52nd | Dominica | 100.09 | -2.6% |
| 53rd | United States | 100.44 | 13.5% |
| 54th | Solomon Islands | 100.54 | 6.9% |
| 55th | Serbia | 100.79 | 6.5% |
| 56th | Sierra Leone | 101.43 | 4.9% |
| 57th | Hong Kong SAR, China | 101.57 | 19.2% |
| 58th | Denmark | 101.74 | 1.8% |
| 59th | Luxembourg | 101.81 | 2.3% |
| 60th | Latvia | 102.21 | 14.4% |
| 61st | Algeria | 102.23 | -5.2% |
| 62nd | Croatia | 102.30 | -2.2% |
| 63rd | Austria | 102.74 | 4.2% |
| 64th | Slovenia | 103.20 | 1.8% |
| 65th | Tunisia | 103.33 | -1.2% |
| 66th | Morocco | 103.35 | 1.5% |
| 67th | Czechia | 103.50 | 13.5% |
| 68th | Netherlands | 103.66 | 1.0% |
| 69th | Cyprus | 103.76 | -5.6% |
| 70th | North Macedonia | 103.90 | 5.9% |
| 71st | Spain | 103.92 | -1.3% |
| 72nd | Italy | 103.93 | -3.6% |
| 73rd | Portugal | 103.96 | -1.3% |
| 74th | Moldova | 104.07 | 18.6% |
| 75th | Belgium | 104.15 | 5.5% |
| 76th | Ghana | 104.34 | -4.6% |
| 77th | Central African Republic | 104.39 | 6.8% |
| 78th | Togo | 104.48 | 4.7% |
| 79th | France | 104.49 | -4.5% |
| 80th | Hungary | 104.89 | -12.7% |
| 81st | Cameroon | 105.01 | 2.8% |
| 82nd | Sweden | 105.20 | -13.5% |
| 83rd | Malta | 105.33 | 3.1% |
| 84th | Finland | 105.68 | 0.7% |
| 85th | Gabon | 105.76 | 3.4% |
| 86th | Germany | 105.88 | -2.6% |
| 87th | Mexico | 106.07 | -24.2% |
| 88th | Romania | 106.42 | -7.2% |
| 89th | Côte d'Ivoire | 107.06 | 4.4% |
| 90th | Georgia | 107.64 | 10.7% |
| 91st | Armenia | 107.86 | 8.5% |
| 92nd | Korea | 108.14 | -11.0% |
| 93rd | Paraguay | 108.23 | 14.6% |
| 94th | Uganda | 111.29 | 3.1% |
| 95th | United Kingdom | 111.77 | -12.3% |
| 96th | Poland | 111.83 | 0.1% |
| 97th | Bosnia and Herzegovina | 111.89 | 3.2% |
| 98th | Zambia | 112.60 | 15.4% |
| 99th | Ireland | 113.16 | -7.4% |
| 100th | Gambia, The | 113.74 | 5.8% |
| 101st | Ukraine | 117.36 | 8.4% |
| 102nd | Lesotho | 117.44 | -7.2% |
| 103rd | Fiji | 119.69 | 2.3% |
| 104th | Iceland | 120.23 | -2.5% |
| 105th | Türkiye | 174.25 | 1.2% |
| 106th | Argentina | 199.60 | -2.7% |
FAQ
What was Trinidad and Tobago's real effective exchange rate in 2008?▾
Trinidad and Tobago's real effective exchange rate in 2008 was 86.78. This ranked 2nd globally.
How did Trinidad and Tobago's real effective exchange rate change in 2008?▾
Trinidad and Tobago's real effective exchange rate increased by 6.0% in 2008 compared to 2007.
Which country had the highest real effective exchange rate in 2008?▾
Argentina had the highest real effective exchange rate in 2008 at 199.60.
What is the real effective exchange rate of Trinidad and Tobago in 2008?▾
The real effective exchange rate of Trinidad and Tobago in 2008 was 86.78. This ranked 2nd globally.
How does 2008 compare to 2007 for Trinidad and Tobago's real effective exchange rate?▾
Trinidad and Tobago's real effective exchange rate went from 81.89 in 2007 to 86.78 in 2008, a 6.0% increase.
HistorySaid - pattern alert
Trinidad and Tobago matched the Fiscal Dominance Trap pattern in 2008. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 10.5%. View full analysis →
Related
2007
2009
All years
Full ranking 2008
Exchange Rate
Foreign Reserves
Reserves in Months of Imports
Peak: 1985
Lowest: 1997
Real Effective Exchange Rate 1990s
Real Effective Exchange Rate 2000s
Real Effective Exchange Rate 2010s
Real Effective Exchange Rate 2020s
Highest ever
Lowest ever
Average
vs Türkiye
vs American Samoa
vs Maldives
vs Russian Federation
Global Ranking