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Spain: Real effective exchange rate

Index, 2015 = 100 · 1870–2025 · 153 observations · forecasts to 2026 · REER

2025
105.4index, 2015 = 100
Change on 2024
+1.7%year on year
Average growth, 2015–2025
+0.5%a year

Real effective exchange rate

Report error
2040608010012018801900192019401960198020002020SpainSpain
ForecastIndex, 2015 = 100

Compare with other countries →Definition of Real effective exchange rate

Recent values

Index, 2015 = 100

YearValue
2026104.6Forecast
2025105.4
2024103.6
2023102.9
2022102.5
2021103.6
2020102.6
2019102.2
2018104.2
2017102.3
2016100.9

Sources

  • Catão & Solomou1870–1913
  • Ljungberg1870–2016
  • Bruegel1960–2023
  • WDI (archive)1975–1997
  • IMF International Financial Statistics1980–2025
  • World Development Indicators1980–2025
  • Bank for International Settlements1994–2025
  • Eurostat1995–2025
  • World Bank Global Economic Monitor2000–2018
  • OECD Economic Outlook2007–2025
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

Spain documentation (PDF)

More for Spain

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Real effective exchange rate elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms