Luxembourg Real Effective Exchange Rate

1993 - 2025 | Monthly | 2005=100 | CEIC Data

Key information about Luxembourg Real Effective Exchange Rate

  • Luxembourg Real Effective Exchange Rate (HCI: 2005=100: Month Avg: Luxembourg) was 100.3 in Nov 2025, compared with the number of 100.3 in the previous month.
  • Luxembourg Real Effective Exchange Rate data is updated monthly and averaged 107.2 from Jan 1993 to Nov 2025.
  • The data reached an all-time high of 107.2 in Jul 2008 and a record low of 89.1 in Oct 2000.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. European Central Bank provides Harmonized Competitiveness Indicator with base 1Q1999=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy. Luxembourg is part of the Euro Area since January 1999.


Related information about Luxembourg Real Effective Exchange Rate

  • In the latest reports, Luxembourg Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.6 % pa in Nov 2021.
  • The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.1 % pa in Nov 2025.
  • Luxembourg Exchange Rate against USD averaged 0.9 (USD/EUR) in Oct 2025.

View Luxembourg's Real Effective Exchange Rate from Jan 1993 to Nov 2025 in the chart:

Luxembourg Real Effective Exchange Rate

What was Luxembourg's Real Effective Exchange Rate in Nov 2025?

Luxembourg Real Effective Exchange Rate (HCI: 2005=100: Month Avg: Luxembourg) was 100.3 in Nov 2025, compared with the number of 100.3 in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
100.3 Nov 2025 100.3 Oct 2025 89.1 Oct 2000 107.2 Jul 2008 2005=100 monthly Jan 1993 - Nov 2025

Real Effective Exchange Rate by Country Comparison

country/region Last Frequency Range
Algeria (2005=100) 100.3 Oct 2025 monthly Jan 1994 - Oct 2025
Argentina (2005=100) 61.2 Oct 2025 monthly Jan 1997 - Oct 2025
Armenia (2005=100) 230.6 Sep 2025 monthly Jan 1997 - Sep 2025
Australia (2005=100) 102.4 Oct 2025 monthly Jan 1994 - Oct 2025
Austria (2005=100) 105.9 Nov 2025 monthly Jan 1993 - Nov 2025
Azerbaijan (2005=100) 142.9 Sep 2025 monthly Jan 2005 - Sep 2025
Bahrain (2005=100) 90.6 Sep 2025 monthly Jan 1980 - Sep 2025
Bangladesh (2015-2016=100) 99.5 2024 yearly 2011 - 2024
Belarus (2005=100) 101.0 Dec 2014 monthly Jan 1996 - Dec 2014
Belgium (2005=100) 105.0 Nov 2025 monthly Jan 1993 - Nov 2025
Bolivia (2005=100) 48.8 Aug 2025 monthly Jan 1991 - Aug 2025
Bosnia and Herzegovina (2005=100) 97.9 Aug 2025 monthly Jan 2005 - Aug 2025
Botswana (Dec2018=100) 95.1 Sep 2025 monthly Dec 2009 - Sep 2025
Brazil (2005=100) 87.9 Sep 2025 monthly Jan 1988 - Sep 2025
Bulgaria (2005=100) 132.1 Oct 2025 monthly Jan 1993 - Oct 2025
Canada (2005=100) 87.7 Sep 2025 monthly Jan 1999 - Sep 2025
Chile (2005=100) 110.6 Oct 2025 monthly Jan 1986 - Oct 2025
China (2005=100) 130.0 Oct 2025 monthly Jan 1994 - Oct 2025
Colombia (2005=100) 102.6 Oct 2025 monthly Jan 1990 - Oct 2025
Croatia (2005=100) 105.8 Oct 2025 monthly Jan 1993 - Oct 2025
Cyprus (2005=100) 88.9 Oct 2025 monthly Jan 1993 - Oct 2025
Czech Republic (2005=100) 149.2 Oct 2025 monthly Jan 1995 - Oct 2025
Denmark (2005=100) 98.9 Sep 2025 monthly Jan 1970 - Sep 2025
Ecuador (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
Estonia (2005=100) 146.6 Nov 2025 monthly Jan 1993 - Nov 2025
European Union (2005=100) 94.8 Nov 2025 monthly Jan 1993 - Nov 2025
Finland (2005=100) 94.5 Nov 2025 monthly Jan 1993 - Nov 2025
France (2005=100) 91.0 Nov 2025 monthly Jan 1993 - Nov 2025
Georgia (2005=100) 128.1 Oct 2025 monthly Dec 1995 - Oct 2025
Germany (2005=100) 96.8 Nov 2025 monthly Jan 1993 - Nov 2025
Ghana (2005=100) 81.9 Sep 2025 monthly Dec 1979 - Sep 2025
Greece (2005=100) 94.9 Nov 2025 monthly Jan 1993 - Nov 2025
Hong Kong SAR, China (2005=100) 107.1 Oct 2025 monthly Jan 1994 - Oct 2025
Hungary (2005=100) 98.5 Sep 2025 monthly Jan 1990 - Sep 2025
Iceland (2005=100) 98.2 Oct 2025 monthly Jan 1979 - Oct 2025
India (2005=100) 107.1 Oct 2025 monthly Apr 2004 - Oct 2025
Indonesia (2005=100) 106.4 Oct 2025 monthly Jan 1994 - Oct 2025
Iran (2005=100) 1,240.2 Sep 2025 monthly Jan 1979 - Sep 2025
Ireland (2005=100) 86.5 Nov 2025 monthly Jan 1993 - Nov 2025
Israel (2005=100) 135.4 Oct 2025 monthly Jan 1994 - Oct 2025
Italy (2005=100) 94.0 Oct 2025 monthly Jan 1993 - Oct 2025
Ivory Coast (2005=100) 101.5 Sep 2025 monthly Dec 1979 - Sep 2025
Japan (2005=100) 54.9 Oct 2025 monthly Jan 1970 - Oct 2025
Kazakhstan (2005=100) 100.2 Sep 2025 monthly Jan 1995 - Sep 2025
Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
South Korea (2005=100) 77.4 Oct 2025 monthly Jan 1994 - Oct 2025
Kosovo (Jan2007=100) 122.8 Sep 2025 monthly Dec 2006 - Sep 2025
Kyrgyzstan (2005=100) 139.6 Oct 2025 monthly Jan 2000 - Oct 2025
Latvia (2005=100) 131.7 Nov 2025 monthly Jan 1993 - Nov 2025
Lithuania (2005=100) 132.3 Oct 2025 monthly Jan 1993 - Oct 2025
Luxembourg (2005=100) 100.3 Nov 2025 monthly Jan 1993 - Nov 2025
North Macedonia (2005=100) 113.7 Sep 2025 monthly Jan 1993 - Sep 2025
Malawi (2010=100) 106.3 Sep 2025 monthly Dec 1979 - Sep 2025
Malaysia (2005=100) 93.8 Oct 2025 monthly Jan 1994 - Oct 2025
Malta (2005=100) 99.5 Nov 2025 monthly Jan 1993 - Nov 2025
Mexico (2005=100) 99.8 Aug 2025 monthly Jan 1968 - Aug 2025
Moldova (2005=100) 236.5 Sep 2025 monthly Nov 1993 - Sep 2025
Mongolia (2005=100) 126.8 Sep 2025 monthly Jan 2000 - Sep 2025
Morocco (2005=100) 98.9 Sep 2025 monthly Jan 1988 - Sep 2025
Netherlands (2005=100) 101.3 Oct 2025 monthly Jan 1993 - Oct 2025
New Zealand (2005=100) 93.0 Oct 2025 monthly Jan 1984 - Oct 2025
Nigeria (2005=100) 96.5 Sep 2025 monthly Dec 1979 - Sep 2025
Norway (2005=100) 76.1 Oct 2025 monthly Jan 1994 - Oct 2025
Pakistan (2010=100) 104.0 Oct 2025 monthly Jul 2001 - Oct 2025
Paraguay (2005=100) 63.3 Sep 2025 monthly Jan 1995 - Sep 2025
Peru (2005=100) 86.2 Oct 2025 monthly Jan 1991 - Oct 2025
Philippines (2005=100) 136.7 Oct 2025 monthly Jan 1993 - Oct 2025
Poland (2005=100) 119.3 Oct 2025 monthly Jan 1994 - Oct 2025
Portugal (2005=100) 94.5 Nov 2025 monthly Jan 1993 - Nov 2025
Romania (2005=100) 120.3 Oct 2025 monthly Jan 1994 - Oct 2025
Russia (2005=100) 112.7 Oct 2025 monthly Jan 1994 - Oct 2025
Saudi Arabia (2005=100) 124.2 Oct 2025 monthly Jan 1994 - Oct 2025
Serbia (2005=100) 145.8 Sep 2025 monthly Jan 2002 - Sep 2025
Singapore (2005=100) 134.4 Oct 2025 monthly Jan 1994 - Oct 2025
Slovakia (2005=100) 142.3 Nov 2025 monthly Jan 1993 - Nov 2025
Slovenia (2005=100) 102.1 Nov 2025 monthly Jan 1993 - Nov 2025
South Africa (2005=100) 89.9 Sep 2025 monthly Jan 1970 - Sep 2025
Spain (2005=100) 99.0 Nov 2025 monthly Jan 1993 - Nov 2025
Sri Lanka (2017=100) 71.9 Oct 2025 monthly Jan 2013 - Oct 2025
Sweden (2005=100) 82.2 Oct 2025 monthly Jan 1994 - Oct 2025
Switzerland (2005=100) 117.5 Oct 2025 monthly Jan 1973 - Oct 2025
Taiwan (2005=100) 95.3 Oct 2025 monthly Jan 1994 - Oct 2025
Thailand (2005=100) 123.3 Oct 2025 monthly Jan 1994 - Oct 2025
Tunisia (2005=100) 87.3 Sep 2025 monthly Jan 1979 - Sep 2025
Turkey (2005=100) 63.8 Oct 2025 monthly Jan 1994 - Oct 2025
Ukraine (2005=100) 85.5 Sep 2025 monthly Dec 1992 - Sep 2025
United Arab Emirates (2005=100) 121.6 Oct 2025 monthly Jan 1994 - Oct 2025
United Kingdom (2005=100) 89.1 Oct 2025 monthly Jan 1994 - Oct 2025
United States (Jan2006=100) 115.7 Oct 2025 monthly Jan 2006 - Oct 2025
Uruguay (2005=100) 44.9 Oct 2025 monthly Jan 2000 - Oct 2025
Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
Zambia (2005=100) 95.9 Aug 2025 monthly Jan 2013 - Aug 2025

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Luxembourg Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.9 2024 yearly 1995 - 2024
Tax Revenue (USD mn) 28,386.308 2024 yearly 1995 - 2024
Tax Revenue: % of GDP (%) 30.5 2024 yearly 1995 - 2024
National Government Debt (USD mn) 25,740.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Government Debt: % of GDP (%) 25.1 Jun 2025 quarterly Dec 1997 - Jun 2025
Forecast: Government Expenditure (EUR bn) 55.278 2030 yearly 1995 - 2030
Forecast: Government Net Debt (EUR bn) 33.450 2030 yearly 1995 - 2030
Forecast: Government Revenue (EUR bn) 52.750 2030 yearly 1995 - 2030
General Government Debt: Consolidated (EUR mn) 21,842.266 Sep 2024 quarterly Dec 1995 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.000 2030 yearly 1987 - 2030
Trade Balance (USD mn) -791.4 Sep 2025 monthly Jan 1988 - Sep 2025
Total Exports (USD mn) 1,496.2 Sep 2025 monthly Jan 1988 - Sep 2025
Total Exports Growth (%) 6.5 Sep 2025 monthly Jan 1989 - Sep 2025
Aluminum: Exports (USD th) 388,438.265 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 148,279.883 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 18,994.624 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,287.7 Sep 2025 monthly Jan 1988 - Sep 2025
Total Imports Growth (%) -1.3 Sep 2025 monthly Jan 1989 - Sep 2025
Imports: Medicament (USD th) 664,574.381 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 180,463.850 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 39.721 Sep 2025 monthly Jan 1988 - Sep 2025
Total Imports from USA (USD mn) 50.473 Sep 2025 monthly Jan 1988 - Sep 2025
Total Exports to China (USD mn) 25.939 Jul 2025 monthly Jan 1997 - Jul 2025
Total Imports from China (USD mn) 165.865 2024 yearly 1993 - 2024
Exports (EUR mn) 1,072.078 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: sa (EUR mn) 1,982.531 Dec 2024 monthly Jan 1988 - Dec 2024
Imports (EUR mn) 1,954.812 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: sa (EUR mn) 1,232.256 Dec 2024 monthly Jan 1988 - Dec 2024
Trade Balance: sa (EUR mn) -750.274 Dec 2024 monthly Jan 1988 - Dec 2024
Total Imports: MoM: sa (%) 1.432 Dec 2024 monthly Feb 1988 - Dec 2024
Total Imports: YoY (%) 1.639 Dec 2024 monthly Jan 1989 - Dec 2024
Total Exports: YoY (%) 3.495 Dec 2024 monthly Jan 1989 - Dec 2024
Total Exports: MoM: sa (%) 1.886 Dec 2024 monthly Feb 1988 - Dec 2024
Exports: Chemicals and Related Products (EUR mn) 127.631 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Base Metal Products (EUR mn) 170.895 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Machinery and Equipment (EUR mn) 219.365 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Other Manufactured Goods (EUR mn) 157.660 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Transport Equipment (EUR mn) 137.258 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 167.108 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 152.750 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union (EUR mn) 853.980 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: Asia: ow Japan (EUR mn) 5.304 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: America: ow United States of America (EUR mn) 30.328 Dec 2024 monthly Jan 1988 - Dec 2024
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 262.672 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Food Products and Live Animals (EUR mn) 193.984 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Machinery and Equipment (EUR mn) 264.391 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Mineral Fuels and Lubricants (EUR mn) 238.884 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Transport Equipment (EUR mn) 393.483 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Chemicals and Related Products (EUR mn) 238.273 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union (EUR mn) 1,753.931 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 616.483 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: America: ow United States of America (EUR mn) 85.389 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union: ow European Monetary Union: ow France (EUR mn) 239.303 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: Asia: ow Japan (EUR mn) 15.004 Dec 2024 monthly Jan 1988 - Dec 2024
Imports: European Union: ow European Monetary Union: ow Germany (EUR mn) 527.403 Dec 2024 monthly Jan 1988 - Dec 2024
Import Value Index (2015=100) 110.828 2021 yearly 1995 - 2021
Export Value Index (2015=100) 96.991 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -69,045.5 Jun 2025 quarterly Mar 2002 - Jun 2025
Current Account Balance (USD mn) 823.0 Jun 2025 quarterly Mar 1995 - Jun 2025
Current Account Balance: % of GDP (%) 3.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Foreign Direct Investment (USD mn) -21,653.4 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Direct Investment: % of GDP (%) -86.7 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment (USD mn) 52,503.734 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 210.1 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 41,942.9 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 10,528.073 Jun 2025 quarterly Mar 2002 - Jun 2025
External Debt (USD mn) 4,055,595.4 Jun 2025 quarterly Dec 2002 - Jun 2025
External Debt: % of GDP (%) 4,148.6 2024 yearly 2002 - 2024
External Debt: Short Term (USD mn) 1,151,843.2 Jun 2025 quarterly Dec 2002 - Jun 2025
External Debt: Short Term: % of GDP (%) 1,131.4 2024 yearly 2002 - 2024
Total Debt: % of GDP (%) 6,979.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Forecast: Current Account Balance (USD bn) 9.232 2030 yearly 1995 - 2030
Net International Investment Position (USD mn) 38,395.187 Jun 2025 quarterly Dec 2002 - Jun 2025
BoP: FA: Portfolio Investment (PI) (EUR mn) 13,000.226 Sep 2024 quarterly Mar 2002 - Sep 2024
BoP: FA: PI: DS: Liabilities (EUR mn) 8,816.544 Sep 2024 quarterly Mar 2002 - Sep 2024
IIP: Assets (EUR mn) 12,362,751.139 Sep 2024 quarterly Dec 2002 - Sep 2024
International Investment Position (IIP): Net (EUR mn) 30,864.333 Sep 2024 quarterly Dec 2002 - Sep 2024
IIP: Liabilities (EUR mn) 12,331,886.806 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt (EUR mn) 3,525,961.513 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government: Long Term (EUR mn) 11,545.953 Sep 2024 quarterly Dec 2002 - Sep 2024
Gross External Debt: General Government (EUR mn) 11,545.953 Sep 2024 quarterly Dec 2002 - Sep 2024
Number of Bankruptcies: NACE 2 (Unit) 1,189.000 2024 yearly 2000 - 2024
Number of Enterprises: NACE 2: New (Unit) 4,747.000 2022 yearly 2003 - 2022
Number of Enterprises: NACE 2: Active (Unit) 45,021.000 2022 yearly 2003 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 62.4 Jun 2025 quarterly Dec 1995 - Jun 2025
Money Supply M1 (USD mn) 373,928.401 Oct 2025 monthly Jan 1999 - Oct 2025
Money Supply M2 (USD mn) 479,874.781 Oct 2025 monthly Jan 1999 - Oct 2025
M2 Growth (%) 6.5 Oct 2025 monthly Jan 2000 - Oct 2025
Reserve Requirement Ratio (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
Foreign Exchange Reserves (USD mn) 46.8 Oct 2025 monthly Jan 1999 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 0.045 Jun 2025 quarterly Mar 1999 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 0.0 Sep 2025 monthly Jan 1999 - Sep 2025
Gold Reserves (USD mn) 289.238 Oct 2025 monthly Jan 1999 - Oct 2025
Total Deposits (USD mn) 948,833.428 Sep 2025 quarterly Mar 2003 - Sep 2025
Total Deposits Growth (%) 3.9 Sep 2025 quarterly Mar 2004 - Sep 2025
Domestic Credit (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Domestic Credit Growth (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Credit to Households (USD bn) 57.632 Mar 2025 quarterly Mar 1995 - Mar 2025
Credit to Private Non-Financial Sector (USD bn) 410.321 Mar 2025 quarterly Mar 1995 - Mar 2025
Household Debt (USD mn) 64,052.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Total Loans (USD mn) 854,013.228 Oct 2025 monthly Jan 2001 - Oct 2025
Total Loans Growth (%) 7.86 Oct 2025 monthly Jan 2002 - Oct 2025
Private Debt: % of Nominal GDP (%) 80.32 Jun 2025 quarterly Mar 1999 - Jun 2025
Money Supply: M3: M2: M1 (EUR bn) 324.000 Oct 2025 monthly Jan 1999 - Oct 2025
Money Supply: M3 (EUR bn) 530.900 Oct 2025 monthly Jan 1999 - Oct 2025
Money Supply: M3: M2 (EUR bn) 415.800 Oct 2025 monthly Jan 1999 - Oct 2025
Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) 3.600 Mar 2019 monthly Jan 1999 - Mar 2019
Official Reserve Assets (EUR mn) 2,746.797 Feb 2025 monthly Jan 1999 - Feb 2025
Official Reserve Assets: Foreign Exchange (EUR mn) 62.883 Feb 2025 monthly Jan 1999 - Feb 2025
Bank Deposits: Domestic (EUR mn) 341,353.000 Oct 2025 monthly Jan 2003 - Oct 2025
Bank Loans: Domestic: Credit Institutions (EUR mn) 139,133.000 Oct 2025 monthly Jan 1999 - Oct 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -9.8 Nov 2025 monthly Jan 1986 - Nov 2025

More Indicators for Luxembourg

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