Real effective exchange rate (unit labour costs - 18 trading partners - euro area, 2005=100) a reached 137 Index, 2005=100 in 2015 in Latvia, according to the National Statistical Office. This is 4.31% more than in the previous year.
Historically, real effective exchange rate (unit labour costs - 18 trading partners - EURo area, 2005=100) a in Latvia reached an all time high of 158 Index, 2005=100 in 2008 and an all time low of 70.8 Index, 2005=100 in 1995.
Latvia has been ranked 3rd within the group of 35 countries we follow in terms of real effective exchange rate (unit labour costs - 18 trading partners - EURo area, 2005=100) a.
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