Real effective exchange rate index in South Korea
South Korea: Real effective exchange rate index was 138.97 2010 = 100 in 2021. ▬ Flat
Real effective exchange rate index in South Korea, 1990–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.
Analysis
In 2021, real effective exchange rate index in South Korea stood at 138.97 2010 = 100.
Compared with earlier readings it is up 1.5% on the previous year and up 42.6% over ten years.
Over the whole period, real effective exchange rate index in South Korea peaked at 164.44 2010 = 100 in 1996 and was at its lowest, 91.61 2010 = 100, in 2009.
South Korea ranks 9th of 95 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 133.38 2010 = 100 | 97.89 2010 = 100 | 164.44 2010 = 100 | 10 |
| 2000s | 111.8 2010 = 100 | 91.61 2010 = 100 | 137.15 2010 = 100 | 10 |
| 2010s | 128.1 2010 = 100 | 97.49 2010 = 100 | 152.99 2010 = 100 | 10 |
| 2020s | 137.98 2010 = 100 | 136.98 2010 = 100 | 138.97 2010 = 100 | 2 |
Countries ranked near South Korea
- 6 Iceland 146.67 2010 = 100 compare
- 7 Solomon Islands 141.27 2010 = 100 compare
- 8 Democratic Republic of Congo 139.4 2010 = 100 compare
- 10 United States 130.98 2010 = 100 compare
- 11 Central African Republic 128.43 2010 = 100 compare
- 12 Uruguay 127.67 2010 = 100 compare
More financial sector data for South Korea
- Net migration 65,731 (2025)
- Total reserves in months of imports 6.46 (2025)
- Net domestic credit 5,011.74 trillion current LCU (2024)
- Domestic credit to private sector by banks 160.3% (2024)
- Net foreign assets 627.85 trillion current LCU (2024)
- Claims on central government, etc. 3.4% (2024)
- Monetary Sector credit to private sector 160.3% (2024)
- Domestic credit to private sector 160.3% (2024)
- Broad money 162.7% (2024)
- Official exchange rate 1,422 LCU per US$, period average (2025)
Frequently asked questions
- What is real effective exchange rate index in South Korea?
- Real effective exchange rate index in South Korea was 138.97 2010 = 100 in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real effective exchange rate index recorded in South Korea?
- The highest recorded value was 164.44 2010 = 100 in 1996.
- What is the lowest real effective exchange rate index recorded in South Korea?
- The lowest recorded value was 91.61 2010 = 100 in 2009.
- How does South Korea rank for real effective exchange rate index?
- South Korea ranks 9th out of 95 countries with data for 2021.
- Is real effective exchange rate index rising or falling in South Korea?
- Over the last ten years it is up 42.6%. The long-run trend across the full record is flat.
- Where does this South Korea 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 — 32 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.