Real effective exchange rate - 37 trading partners

  • Provider: Eurostat
  • Source URL: http://epp.eurostat.ec.europa.eu/tgm/table.do?pcode=...
  • Catalog: Yearly from 1994 to 2016
  • Localized to: English
  • Tags: .
  • Description:

    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 specific REER for the Sustainable Development Indicators is deflated by nominal unit labour costs (total economy) against a panel of 37 countries (= EU28 + 9 other industrial countries: Australia, Canada, United States, Japan, Norway, New Zealand, Mexico, Switzerland, and Turkey). 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.

  • Dimensions

    • Geopolitical entity (reporting)
      • Austria
      • Belgium
      • Brazil
      • Bulgaria
      • Canada
      • China (including Hong Kong)
      • Croatia
      • Cyprus
      • Czech Republic
      • Denmark
      • EL
      • Estonia
      • Euro area (16 countries)
      • Euro area (17 countries)
      • Euro area (18 countries)
      • Euro area (19 countries)
      • European Union (27 countries)
      • European Union (28 countries)
      • Finland
      • France
      • Germany (until 1990 former territory of the FRG)
      • Greece
      • Hungary
      • Ireland
      • Italy
      • Japan
      • Latvia
      • Lithuania
      • Luxembourg
      • Malta
      • Netherlands
      • Norway
      • Poland
      • Portugal
      • Romania
      • Russia
      • Slovakia
      • Slovenia
      • South Korea
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Kingdom
      • United States
      • [RENAMING RESOLVED] Germany (until 1990 former territory of the FRG)
    • Unit of measure
      • Index, 1999=100
      • Index, 2005=100
      • Index, 2010=100
    • Exchange rate type
      • Real Effective Exchange Rate (deflator: unit labour costs in the total economy - 37 trading partners)