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

Real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a reached 113 Index, 1999=100 in 2011 in Spain, according to the National Statistical Office. This is 1.24 % less than in the previous year.

Historically, real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a in Spain reached an all time high of 122 Index, 1999=100 in 2008 and an all time low of 73.6 Index, 1999=100 in 1970. When compared to Spain's main peers, real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a in France amounted to 110 Index, 1999=100, 118 Index, 1999=100 in Italy and 112 Index, 1999=100 in Portugal in 2011.

Spain has been ranked 10th within the group of 20 countries we follow in terms of real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a, 2 places behind the position seen 10 years ago.

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