Nominal effective exchange rate (NEER), Index (2010=100) Advanced in Spain
Spain: Nominal effective exchange rate (NEER), Index (2010=100) Advanced was 98.92 in 2025. ▼ Falling
Nominal effective exchange rate (NEER), Index (2010=100) Advanced in Spain, 1990–2025
Source: International Monetary Fund.
Analysis
Spain recorded 98.92 for nominal effective exchange rate (neer), index (2010=100) advanced in 2025.
That represents a change of up 0.8% on the previous year and up 2.5% over ten years.
Over the whole period, nominal effective exchange rate (neer), index (2010=100) advanced in Spain peaked at 128.12 in 1991 and was at its lowest, 93.76, in 2000.
That places Spain 10th out of 24 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Nominal effective exchange rate (NEER), Index (2010=100) Advanced in Spain, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 128.11 | — |
| 1991 | 128.12 | +0.0% |
| 1992 | 125.02 | -2.4% |
| 1993 | 110.4 | -11.7% |
| 1994 | 103.09 | -6.6% |
| 1995 | 102.48 | -0.6% |
| 1996 | 103.17 | +0.7% |
| 1997 | 98.68 | -4.4% |
| 1998 | 98.72 | +0.0% |
| 1999 | 96.95 | -1.8% |
| 2000 | 93.76 | -3.3% |
| 2001 | 94.3 | +0.6% |
| 2002 | 95.16 | +0.9% |
| 2003 | 98.29 | +3.3% |
| 2004 | 99.14 | +0.9% |
| 2005 | 98.94 | -0.2% |
| 2006 | 99.03 | +0.1% |
| 2007 | 100.24 | +1.2% |
| 2008 | 101.91 | +1.7% |
| 2009 | 102.2 | +0.3% |
| 2010 | 100 | -2.2% |
| 2011 | 99.78 | -0.2% |
| 2012 | 98.05 | -1.7% |
| 2013 | 99.68 | +1.7% |
| 2014 | 99.8 | +0.1% |
| 2015 | 96.56 | -3.3% |
| 2016 | 97.17 | +0.6% |
| 2017 | 97.93 | +0.8% |
| 2018 | 98.85 | +0.9% |
| 2019 | 97.97 | -0.9% |
| 2020 | 98.29 | +0.3% |
| 2021 | 98.44 | +0.1% |
| 2022 | 97.02 | -1.4% |
| 2023 | 97.93 | +0.9% |
| 2024 | 98.16 | +0.2% |
| 2025 | 98.92 | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 109.47 | 96.95 | 128.12 | 10 |
| 2000s | 98.3 | 93.76 | 102.2 | 10 |
| 2010s | 98.58 | 96.56 | 100 | 10 |
| 2020s | 98.13 | 97.02 | 98.92 | 6 |
Countries ranked near Spain
- 7 Portugal 99.26 compare
- 8 Netherlands 99.19 compare
- 9 Greece 99.16 compare
- 11 Luxembourg 98.89 compare
- 12 Belgium 98.72 compare
- 13 New Zealand 98.32 compare
More trade data for Spain
- Commodity Net Export Price Index, Individual Commodities Weighted by 120.02 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.48 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.97 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.72 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.51 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 78.4 (2025)
- Imports of low carbon technology products, Percent of GDP 1.4 (2024)
- Imports of low carbon technology products, US dollar (World), per 493.03 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.014 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 23.41 billion (2024)
Frequently asked questions
- What is nominal effective exchange rate (neer), index (2010=100) advanced in Spain?
- Nominal effective exchange rate (neer), index (2010=100) advanced in Spain was 98.92 in 2025, according to International Monetary Fund.
- What is the highest nominal effective exchange rate (neer), index (2010=100) advanced recorded in Spain?
- The highest recorded value was 128.12 in 1991.
- What is the lowest nominal effective exchange rate (neer), index (2010=100) advanced recorded in Spain?
- The lowest recorded value was 93.76 in 2000.
- How does Spain rank for nominal effective exchange rate (neer), index (2010=100) advanced?
- Spain ranks 10th out of 24 countries with data for 2025.
- Is nominal effective exchange rate (neer), index (2010=100) advanced rising or falling in Spain?
- Over the last ten years it is up 2.5%. The long-run trend across the full record is falling.
- Where does this Spain 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).