Eurostat provides a real effective exchange rate (REER) index for assessing a country's price or cost competitiveness relative to its principal competitors. The indicator is deflated by consumer price indices relative to a panel of 42 countries and uses double export weights. Data is expressed as an index with a base year of 2015.
Use Cases
- Modeling international price competitiveness based on the real effective exchange rate index.
- Analyzing cost trends relative to a panel of 42 trading partners.
- Assessing a country's competitive position in home and export markets using double export weights.
Strengths
- Data is provided by Eurostat, a major official statistical authority.
- The index calculation uses a defined methodology with double export weights for 42 trading partners.
- The dataset is licensed under CC-BY-4.0, allowing for flexible reuse.
Limitations
- Column-level documentation is absent; field semantics must be inferred after download.
- Row count is unknown, which may limit suitability assessment for large-scale modeling.
Provenance
- Source
- Eurostat
- Freshness
- Last updated 2026-04-16 00:00:00
- Geography
- International coverage relative to 42 trading partners