Real effective exchange rate index in Iceland
Iceland: Real effective exchange rate index was 146.67 2010 = 100 in 2025. ▼ Falling
Real effective exchange rate index in Iceland, 1979–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.
Analysis
The most recent figure for real effective exchange rate index in Iceland is 146.67 2010 = 100, measured in 2025.
Compared with earlier readings it is up 6.4% on the previous year and up 28.9% over ten years.
Over the whole period, real effective exchange rate index in Iceland peaked at 156.67 2010 = 100 in 2005 and was at its lowest, 96.47 2010 = 100, in 2009.
That places Iceland 6th out of 95 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently falling across the 47 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 139.62 2010 = 100 | 139.62 2010 = 100 | 139.62 2010 = 100 | 1 |
| 1980s | 143.03 2010 = 100 | 130.41 2010 = 100 | 155.49 2010 = 100 | 10 |
| 1990s | 132.99 2010 = 100 | 124.94 2010 = 100 | 144.07 2010 = 100 | 10 |
| 2000s | 133.19 2010 = 100 | 96.47 2010 = 100 | 156.67 2010 = 100 | 10 |
| 2010s | 117.42 2010 = 100 | 100 2010 = 100 | 144.25 2010 = 100 | 10 |
| 2020s | 132.79 2010 = 100 | 120.83 2010 = 100 | 146.67 2010 = 100 | 6 |
Countries ranked near Iceland
- 3 Moldova 185.39 2010 = 100 compare
- 4 Bolivia 181.08 2010 = 100 compare
- 5 Burundi 177.45 2010 = 100 compare
- 7 Solomon Islands 141.27 2010 = 100 compare
- 8 Democratic Republic of Congo 139.4 2010 = 100 compare
- 9 South Korea 138.97 2010 = 100 compare
More financial sector data for Iceland
- Net migration 2,709 (2025)
- Total reserves in months of imports 5.32 (2025)
- Net domestic credit 4.57 trillion current LCU (2025)
- Domestic credit to private sector by banks 89.2% (2025)
- Net foreign assets 397.39 billion current LCU (2025)
- Claims on central government, etc. -3.9% (2025)
- Monetary Sector credit to private sector 89.2% (2025)
- Domestic credit to private sector 89.2% (2025)
- Broad money 67.4% (2024)
- Official exchange rate 128.44 LCU per US$, period average (2025)
Frequently asked questions
- What is real effective exchange rate index in Iceland?
- Real effective exchange rate index in Iceland was 146.67 2010 = 100 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real effective exchange rate index recorded in Iceland?
- The highest recorded value was 156.67 2010 = 100 in 2005.
- What is the lowest real effective exchange rate index recorded in Iceland?
- The lowest recorded value was 96.47 2010 = 100 in 2009.
- How does Iceland rank for real effective exchange rate index?
- Iceland ranks 6th out of 95 countries with data for 2025.
- Is real effective exchange rate index rising or falling in Iceland?
- Over the last ten years it is up 28.9%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real effective exchange rate index (2010 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.