Statizoid

Armenia vs Latvia: Real effective exchange rate index

Armenia
118.17 2010 = 100
in 2025
Latvia
117.3 2010 = 100
in 2025
Armenia rank
20th
Latvia rank
22nd

Real effective exchange rate index over time

  • Armenia
  • Latvia
406080100120199320092025

How they compare

Armenia currently reports 118.17 2010 = 100 against 117.3 2010 = 100 in Latvia, a difference of 0.872 2010 = 100.

The two have swapped places 7 times across 32 shared years of data; in 1994 it was Latvia ahead.

Globally, Armenia ranks 20th and Latvia ranks 22nd of 95 countries.

Individual pages

About this data

Indicator
Real effective exchange rate index (2010 = 100)
Unit
2010 = 100
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
95 places, 4,150 data points, 1979–2025
Last refreshed

Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs. This indicator is an index series where 2010=100.