Real effective exchange rate - 42 trading partners [teimf250]


The REER (or Relative price and cost indicators) aim to assess a country's (or currency area's) price or cost competitiveness relative to its principal competitors in international markets. Changes in cost and price competitiveness depend not only on exchange rate movements but also on cost and price trends. The indicator is deflated by the price index (total economy) against a panel of 42 countries (= EU27+ 15 other industrial countries: Australia, Canada, United States, Japan, Norway, New Zealand, Mexico, Switzerland, UK, Turkey, Russia, China, Brazil, South Korea and Hong Kong). Double export weights are used to calculate REERs, reflecting not only competition in the home markets of the various competitors, but also competition in export markets elsewhere. A rise in the index means a loss of competitiveness. Data source: Directorate General for Economic and Financial Affairs (DG ECFIN). Data are non-seasonal adjusted.

Updated by provider on
May 4, 2021
Frequency [FREQ]
Exchange rate [exch_rt]
Unit of measure [unit]
Geopolitical entity (reporting) [geo]

Dataset has 35 series. Add search filters to narrow them.

Dimensions codes and labels
[FREQ] Frequency
  • [M] Monthly
[exch_rt] Exchange rate
  • [REER_IC42_CPI] Real effective exchange rate (deflator: consumer price index - 42 trading partners - industrial countries )
[unit] Unit of measure
  • [I10] Index, 2010=100
[geo] Geopolitical entity (reporting)
  • [AT] Austria
  • [BE] Belgium
  • [BG] Bulgaria
  • [HR] Croatia
  • [CY] Cyprus
  • [CZ] Czechia
  • [DK] Denmark
  • [EE] Estonia
  • [EA19] Euro area - 19 countries (from 2015)
  • [EU27_2020] European Union - 27 countries (from 2020)
  • [FI] Finland
  • [FR] France
  • [DE] Germany (until 1990 former territory of the FRG)
  • [EL] Greece
  • [HU] Hungary
  • [IE] Ireland
  • [IT] Italy
  • [JP] Japan
  • [LV] Latvia
  • [LT] Lithuania
  • [LU] Luxembourg
  • [MT] Malta
  • [NL] Netherlands
  • [NO] Norway
  • [PL] Poland
  • [PT] Portugal
  • [RO] Romania
  • [SK] Slovakia
  • [SI] Slovenia
  • [ES] Spain
  • [SE] Sweden
  • [CH] Switzerland
  • [TR] Turkey
  • [UK] United Kingdom
  • [US] United States
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