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

Italy: Real effective exchange rate (REER), Index (2010=100) Adjusted by was 103.01 in 2025. ▲ Rising

Latest (2025)
103.01
Change on year
up 1.7%
World rank
10th
of 24 countries
All-time high
105.72
in 2014
All-time low
63.13
in 1995
Years of data
36
1990–2025

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

02550751001990200720251990: 88.61991: 90.21992: 86.51993: 72.31994: 68.71995: 63.11996: 72.11997: 75.11998: 751999: 75.12000: 712001: 72.22002: 75.62003: 842004: 88.42005: 90.62006: 91.82007: 95.62008: 100.72009: 101.12010: 1002011: 104.82012: 102.42013: 103.32014: 105.72015: 102.12016: 101.92017: 1022018: 103.32019: 1012020: 103.22021: 103.32022: 100.72023: 100.12024: 101.22025: 103

Source: International Monetary Fund.

Analysis

In 2025, real effective exchange rate (reer), index (2010=100) adjusted by in Italy stood at 103.01.

That represents a change of up 1.7% on the previous year and up 0.9% over ten years.

Over the whole period, real effective exchange rate (reer), index (2010=100) adjusted by in Italy peaked at 105.72 in 2014 and was at its lowest, 63.13, in 1995.

Italy ranks 10th of 24 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 36 years of available data.

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

Annual values for Real effective exchange rate (REER), Index (2010=100) Adjusted by relative unit labor costs (advanced economies only) in Italy, 1990 to 2025.
Year Value Change
1990 88.56
1991 90.19 +1.8%
1992 86.46 -4.1%
1993 72.32 -16.4%
1994 68.67 -5.1%
1995 63.13 -8.1%
1996 72.06 +14.1%
1997 75.07 +4.2%
1998 75.04 -0.0%
1999 75.14 +0.1%
2000 71.01 -5.5%
2001 72.21 +1.7%
2002 75.58 +4.7%
2003 84 +11.1%
2004 88.42 +5.3%
2005 90.58 +2.5%
2006 91.85 +1.4%
2007 95.59 +4.1%
2008 100.75 +5.4%
2009 101.09 +0.3%
2010 100 -1.1%
2011 104.77 +4.8%
2012 102.44 -2.2%
2013 103.27 +0.8%
2014 105.72 +2.4%
2015 102.06 -3.5%
2016 101.86 -0.2%
2017 102.02 +0.2%
2018 103.31 +1.3%
2019 100.98 -2.3%
2020 103.24 +2.2%
2021 103.33 +0.1%
2022 100.68 -2.6%
2023 100.07 -0.6%
2024 101.24 +1.2%
2025 103.01 +1.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 76.66 63.13 90.19 10
2000s 87.11 71.01 101.09 10
2010s 102.64 100 105.72 10
2020s 101.93 100.07 103.33 6

Countries ranked near Italy

  1. 7 Finland 108.62 compare
  2. 8 Germany 103.49 compare
  3. 9 Belgium 103.27 compare
  4. 11 New Zealand 98.52 compare
  5. 12 Luxembourg 96.45 compare
  6. 13 Denmark 96.34 compare

See the full ranking of 25 places →

More work & labour data for Italy

All data for Italy →

Frequently asked questions

What is real effective exchange rate (reer), index (2010=100) adjusted by in Italy?
Real effective exchange rate (reer), index (2010=100) adjusted by in Italy was 103.01 in 2025, according to International Monetary Fund.
What is the highest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Italy?
The highest recorded value was 105.72 in 2014.
What is the lowest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Italy?
The lowest recorded value was 63.13 in 1995.
How does Italy rank for real effective exchange rate (reer), index (2010=100) adjusted by?
Italy ranks 10th out of 24 countries with data for 2025.
Is real effective exchange rate (reer), index (2010=100) adjusted by rising or falling in Italy?
Over the last ten years it is up 0.9%. The long-run trend across the full record is rising.
Where does this Italy 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 Italy. Statizoid, drawing on International Monetary Fund. Retrieved 30 August 2026, from https://labour.statizoid.com/stat/real-effective-exchange-rate-reer-index-2010-100-adjusted-by-relative-unit-labor-costs/italy/

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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).