Nominal effective exchange rate (NEER), Index (2010=100) Advanced in Singapore
Singapore: Nominal effective exchange rate (NEER), Index (2010=100) Advanced was 122.75 in 2025. ▲ Rising
Nominal effective exchange rate (NEER), Index (2010=100) Advanced in Singapore, 1990–2025
Source: International Monetary Fund.
Analysis
Singapore recorded 122.75 for nominal effective exchange rate (neer), index (2010=100) advanced in 2025. That is the highest value across all 36 years on record.
That represents a change of up 1.0% on the previous year and up 12.1% over ten years.
Over the whole period, nominal effective exchange rate (neer), index (2010=100) advanced in Singapore peaked at 122.75 in 2025 and was at its lowest, 80.49, in 1990.
Singapore ranks 3rd of 24 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Nominal effective exchange rate (NEER), Index (2010=100) Advanced in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 80.49 | — |
| 1991 | 83.8 | +4.1% |
| 1992 | 86.92 | +3.7% |
| 1993 | 88.16 | +1.4% |
| 1994 | 91.21 | +3.5% |
| 1995 | 94.14 | +3.2% |
| 1996 | 98.74 | +4.9% |
| 1997 | 99.84 | +1.1% |
| 1998 | 94.54 | -5.3% |
| 1999 | 90 | -4.8% |
| 2000 | 89.98 | -0.0% |
| 2001 | 91.45 | +1.6% |
| 2002 | 90.84 | -0.7% |
| 2003 | 87.22 | -4.0% |
| 2004 | 85.44 | -2.0% |
| 2005 | 85.67 | +0.3% |
| 2006 | 89.82 | +4.8% |
| 2007 | 91.9 | +2.3% |
| 2008 | 95.76 | +4.2% |
| 2009 | 95.98 | +0.2% |
| 2010 | 100 | +4.2% |
| 2011 | 102.95 | +3.0% |
| 2012 | 105.96 | +2.9% |
| 2013 | 108.8 | +2.7% |
| 2014 | 108.7 | -0.1% |
| 2015 | 109.52 | +0.8% |
| 2016 | 108.49 | -0.9% |
| 2017 | 107.4 | -1.0% |
| 2018 | 107.89 | +0.5% |
| 2019 | 109.39 | +1.4% |
| 2020 | 106.67 | -2.5% |
| 2021 | 107.14 | +0.4% |
| 2022 | 114 | +6.4% |
| 2023 | 118.48 | +3.9% |
| 2024 | 121.58 | +2.6% |
| 2025 | 122.75 | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 90.78 | 80.49 | 99.84 | 10 |
| 2000s | 90.41 | 85.44 | 95.98 | 10 |
| 2010s | 106.91 | 100 | 109.52 | 10 |
| 2020s | 115.1 | 106.67 | 122.75 | 6 |
Countries ranked near Singapore
- 1 Switzerland 146.09 compare
- 2 United States 124.9 compare
- 4 Israel 120.37 compare
- 5 Denmark 101.73 compare
- 6 Finland 101.09 compare
More trade data for Singapore
- Commodity Net Export Price Index, Individual Commodities Weighted by 105.53 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.65 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 90.42 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 69.54 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 87.24 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 68.59 (2025)
- Imports of low carbon technology products, Percent of GDP 3.28 (2024)
- Imports of low carbon technology products, US dollar (World), per 2,971 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0313 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 19.53 billion (2024)
Frequently asked questions
- What is nominal effective exchange rate (neer), index (2010=100) advanced in Singapore?
- Nominal effective exchange rate (neer), index (2010=100) advanced in Singapore was 122.75 in 2025, according to International Monetary Fund.
- What is the highest nominal effective exchange rate (neer), index (2010=100) advanced recorded in Singapore?
- The highest recorded value was 122.75 in 2025.
- What is the lowest nominal effective exchange rate (neer), index (2010=100) advanced recorded in Singapore?
- The lowest recorded value was 80.49 in 1990.
- How does Singapore rank for nominal effective exchange rate (neer), index (2010=100) advanced?
- Singapore ranks 3rd out of 24 countries with data for 2025.
- Is nominal effective exchange rate (neer), index (2010=100) advanced rising or falling in Singapore?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Monetary Fund, published as part of Nominal effective exchange rate (NEER), Index (2010=100) Advanced economy trade partner weighted. 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).