Real effective exchange rate (REER), Index (2010=100) Adjusted by in Japan
Japan: Real effective exchange rate (REER), Index (2010=100) Adjusted by was 52.93 in 2025. ▼ Falling
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Japan, 1990–2025
Source: International Monetary Fund.
Analysis
Japan recorded 52.93 for real effective exchange rate (reer), index (2010=100) adjusted by in 2025.
The figure is up 0.2% on the previous year and down 27.6% over ten years.
Over the whole period, real effective exchange rate (reer), index (2010=100) adjusted by in Japan peaked at 135.99 in 1995 and was at its lowest, 52.83, in 2024.
Japan ranks 24th of 24 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 36 years of available data.
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Japan, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 95.21 | — |
| 1991 | 97.96 | +2.9% |
| 1992 | 101.49 | +3.6% |
| 1993 | 121.18 | +19.4% |
| 1994 | 134 | +10.6% |
| 1995 | 135.99 | +1.5% |
| 1996 | 112.85 | -17.0% |
| 1997 | 108.95 | -3.5% |
| 1998 | 108.85 | -0.1% |
| 1999 | 122.53 | +12.6% |
| 2000 | 125.33 | +2.3% |
| 2001 | 115.06 | -8.2% |
| 2002 | 107.87 | -6.2% |
| 2003 | 99.71 | -7.6% |
| 2004 | 97.49 | -2.2% |
| 2005 | 89.37 | -8.3% |
| 2006 | 81.51 | -8.8% |
| 2007 | 73.85 | -9.4% |
| 2008 | 81.49 | +10.3% |
| 2009 | 98.44 | +20.8% |
| 2010 | 100 | +1.6% |
| 2011 | 107.8 | +7.8% |
| 2012 | 105.73 | -1.9% |
| 2013 | 85.95 | -18.7% |
| 2014 | 77.3 | -10.1% |
| 2015 | 73.1 | -5.4% |
| 2016 | 83.16 | +13.8% |
| 2017 | 77.42 | -6.9% |
| 2018 | 75.17 | -2.9% |
| 2019 | 75.77 | +0.8% |
| 2020 | 75.89 | +0.2% |
| 2021 | 74.14 | -2.3% |
| 2022 | 62.4 | -15.8% |
| 2023 | 56.85 | -8.9% |
| 2024 | 52.83 | -7.1% |
| 2025 | 52.93 | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 113.9 | 95.21 | 135.99 | 10 |
| 2000s | 97.01 | 73.85 | 125.33 | 10 |
| 2010s | 86.14 | 73.1 | 107.8 | 10 |
| 2020s | 62.51 | 52.83 | 75.89 | 6 |
Countries ranked near Japan
More work & labour data for Japan
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4984 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5262 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4728 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.25 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.4618 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 103,039 1000 No (2050)
- Population - Est. & Proj. — Rural population 5,756 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 39,867 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 36,979 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 76,846 1000 No (2100)
Frequently asked questions
- What is real effective exchange rate (reer), index (2010=100) adjusted by in Japan?
- Real effective exchange rate (reer), index (2010=100) adjusted by in Japan was 52.93 in 2025, according to International Monetary Fund.
- What is the highest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Japan?
- The highest recorded value was 135.99 in 1995.
- What is the lowest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Japan?
- The lowest recorded value was 52.83 in 2024.
- How does Japan rank for real effective exchange rate (reer), index (2010=100) adjusted by?
- Japan ranks 24th out of 24 countries with data for 2025.
- Is real effective exchange rate (reer), index (2010=100) adjusted by rising or falling in Japan?
- Over the last ten years it is down 27.6%. The long-run trend across the full record is falling.
- Where does this Japan 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.
Download this data
CSV · JSON — 36 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
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).