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Real Effective Exchange Rate (Unit labour costs - 24 trading partners, 1999=100)

Source: Eurostat

Based on a comparison of 20 countries in 2011, Australia ranked the highest in real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a with 168 Index, 1999=100 followed by Canada and Norway. On the other end of the scale was Turkey with 71.8 Index, 1999=100, Japan with 79.4 Index, 1999=100 and USA with 79.5 Index, 1999=100.

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