Denmark vs Spain: Real effective exchange rate (REER), Index (2010=100) Adjusted by

Denmark
96.34
in 2025
Spain
87.61
in 2025
Denmark rank
13th
Spain rank
16th

Real effective exchange rate (REER), Index (2010=100) Adjusted by over time

  • Denmark
  • Spain
0255075100199020072025

How they compare

Denmark currently reports 96.34 against 87.61 in Spain, a difference of 8.73.

That makes Denmark's figure about 1.1 times Spain's.

The two have swapped places 3 times across 36 shared years of data; in 1990 it was Spain ahead.

Denmark ranks 13th and Spain ranks 16th of 24 countries.

Denmark has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Denmark Spain Difference Ahead
1990s 85.44 84.22 1.23 Denmark
2000s 99.57 91.95 7.61 Denmark
2010s 94.92 88.75 6.16 Denmark
2020s 96.57 86.69 9.88 Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate (reer), index (2010=100) adjusted by, Denmark or Spain?
Denmark, at 96.34 against 87.61 in Spain as of 2025.
What is the difference in real effective exchange rate (reer), index (2010=100) adjusted by between Denmark and Spain?
8.73, with Denmark ahead.
How many years of comparable data are there for Denmark and Spain?
36 years are reported by both, from 1990 to 2025.
How do Denmark and Spain rank globally for real effective exchange rate (reer), index (2010=100) adjusted by?
Denmark ranks 13th and Spain ranks 16th of 24 countries.
Where does this data come from?
International Monetary Fund, published as Real effective exchange rate (REER), Index (2010=100) Adjusted by relative unit labor costs (advanced economies only). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Spain: Real effective exchange rate (REER), Index (2010=100) Adjusted by. Statizoid, drawing on International Monetary Fund. Retrieved 29 August 2026, from https://labour.statizoid.com/compare/real-effective-exchange-rate-reer-index-2010-100-adjusted-by-relative-unit-labor-costs/denmark/spain/

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About this data

Indicator
Real effective exchange rate (REER), Index (2010=100) Adjusted by relative unit labor costs (advanced economies only)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
25 places, 900 data points, 1990–2025
Last refreshed

The Effective Exchange Rate (EER) dataset includes annual, quarterly and monthly nominal and real effective exchange rates by economy. Nominal effective exchange rates (NEERs) measure the value of a country's currency in relation to a weighted average of the currency values of their major trading partners. Real effective exchange rates (REERs) adjust the NEER to account for a country's inflation rate in relation to the weighted inflation rate of their major trading partners. The IMF publishes NEERs and REERs for approximately 90 IMF member countries that account for the vast share of global international trade. These statistics help policymakers and analysts assess the competitiveness of a country's exports, monitor currency trends, evaluate the impact of exchange rate changes on trade flows, and inform decisions regarding monetary policy, exchange rate management, and international trade. The EERs are calculated by IMF staff using exchange rate information, consumer price indexes received from national authorities and international trade weights. These weights are calculated as three-year averages of annual data available from official sources on trade, tourism and manufacturing collected from the United Nations (UN), Organization for Economic Co-operation and Development (OECD), World Bank, World Tourism Organization (UNWTO), United Nations Industrial Development Organization (UNIDO).