Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
| 1990 | 2000 | 2005 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Netherlands | 99.5 | 92.6 | 103.8 | 100.0 | 99.4 | 96.7 | 99.8 | 100.4 | 96.0 | 97.3 | 97.9 | 99.8 | 99.8 | 101.9 | 102.1 | 102.3 | 103.3 | 104.6 |
| Belgium | 103.2 | 93.0 | 101.1 | 100.0 | 100.8 | 98.5 | 100.2 | 100.0 | 94.5 | 97.4 | 98.9 | 101.3 | 99.8 | 101.2 | 101.4 | 101.1 | 102.6 | 103.6 |
| Luxembourg | 101.1 | 93.2 | 99.3 | 100.0 | 100.6 | 98.8 | 100.6 | 100.8 | 97.1 | 98.1 | 98.9 | 100.3 | 99.6 | 101.0 | 101.2 | 98.3 | 98.7 | 98.5 |