Real effective exchange rate (REER), Index (2010=100) Adjusted by in Belgium

Belgium: Real effective exchange rate (REER), Index (2010=100) Adjusted by was 103.27 in 2025. ▬ Flat

Latest (2025)
103.27
Change on year
up 1.6%
World rank
9th
of 24 countries
All-time high
107.83
in 1995
All-time low
89.83
in 2000
Years of data
36
1990–2025

Real effective exchange rate (REER), Index (2010=100) Adjusted by in Belgium, 1990–2025

02550751001990200720251990: 94.81991: 95.71992: 97.71993: 100.51994: 104.61995: 107.81996: 102.81997: 95.31998: 94.11999: 94.12000: 89.82001: 902002: 92.32003: 97.12004: 97.72005: 97.92006: 100.52007: 102.52008: 103.42009: 103.52010: 1002011: 100.52012: 98.62013: 100.62014: 100.52015: 94.82016: 96.32017: 99.22018: 99.62019: 96.72020: 96.72021: 100.12022: 1002023: 102.92024: 101.62025: 103.3

Source: International Monetary Fund.

Analysis

Belgium recorded 103.27 for real effective exchange rate (reer), index (2010=100) adjusted by in 2025.

That represents a change of up 1.6% on the previous year and up 9.0% over ten years.

Over the whole period, real effective exchange rate (reer), index (2010=100) adjusted by in Belgium peaked at 107.83 in 1995 and was at its lowest, 89.83, in 2000.

Belgium ranks 9th of 24 countries on this measure, in the middle of the range.

Real effective exchange rate (REER), Index (2010=100) Adjusted by in Belgium, year by year

Annual values for Real effective exchange rate (REER), Index (2010=100) Adjusted by relative unit labor costs (advanced economies only) in Belgium, 1990 to 2025.
Year Value Change
1990 94.79
1991 95.75 +1.0%
1992 97.72 +2.1%
1993 100.49 +2.8%
1994 104.65 +4.1%
1995 107.83 +3.0%
1996 102.83 -4.6%
1997 95.27 -7.4%
1998 94.11 -1.2%
1999 94.09 -0.0%
2000 89.83 -4.5%
2001 90 +0.2%
2002 92.32 +2.6%
2003 97.09 +5.2%
2004 97.65 +0.6%
2005 97.94 +0.3%
2006 100.46 +2.6%
2007 102.53 +2.1%
2008 103.41 +0.9%
2009 103.49 +0.1%
2010 100 -3.4%
2011 100.5 +0.5%
2012 98.56 -1.9%
2013 100.55 +2.0%
2014 100.47 -0.1%
2015 94.77 -5.7%
2016 96.25 +1.6%
2017 99.18 +3.0%
2018 99.61 +0.4%
2019 96.67 -2.9%
2020 96.7 +0.0%
2021 100.08 +3.5%
2022 100.02 -0.1%
2023 102.87 +2.9%
2024 101.61 -1.2%
2025 103.27 +1.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 98.75 94.09 107.83 10
2000s 97.47 89.83 103.49 10
2010s 98.66 94.77 100.55 10
2020s 100.76 96.7 103.27 6

Countries ranked near Belgium

  1. 6 Austria 109.7 compare
  2. 7 Finland 108.62 compare
  3. 8 Germany 103.49 compare
  4. 10 Italy 103.01 compare
  5. 11 New Zealand 98.52 compare
  6. 12 Luxembourg 96.45 compare

See the full ranking of 25 places →

More work & labour data for Belgium

All data for Belgium →

Frequently asked questions

What is real effective exchange rate (reer), index (2010=100) adjusted by in Belgium?
Real effective exchange rate (reer), index (2010=100) adjusted by in Belgium was 103.27 in 2025, according to International Monetary Fund.
What is the highest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Belgium?
The highest recorded value was 107.83 in 1995.
What is the lowest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Belgium?
The lowest recorded value was 89.83 in 2000.
How does Belgium rank for real effective exchange rate (reer), index (2010=100) adjusted by?
Belgium ranks 9th out of 24 countries with data for 2025.
Is real effective exchange rate (reer), index (2010=100) adjusted by rising or falling in Belgium?
Over the last ten years it is up 9.0%. The long-run trend across the full record is flat.
Where does this Belgium data come from?
The figures come from International Monetary Fund, published as part of Real effective exchange rate (REER), Index (2010=100) Adjusted by relative unit labor costs (advanced economies only). Statizoid updates them automatically from the source API.

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

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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).