Country NaCountry CoSeries NamSeries Code1960 [YR191961 [YR191962 [YR191963 [YR191964 [YR191965 [YR19

Mexico MEX Exports of NE.EXP.GNF9.072E+10 9.874E+10 1.049E+11 1.077E+11 1.151E+11 1.748E+11

Mexico MEX Imports of NE.IMP.GNF1.782E+11 1.761E+11 1.792E+11 1.978E+11 2.28E+11 3.007E+11
Mexico MEX Gross fixed NE.GDI.FTO 2.64E+11 2.664E+11 2.812E+11 3.132E+11 3.766E+11 5.816E+11
Mexico MEX GDP (constaNY.GDP.MK2.086E+12 2.19E+12 2.292E+12 2.478E+12 2.773E+12 2.97E+12
Mexico MEX Industry (i NV.IND.TOT.. .. .. .. .. 1.037E+12
Mexico MEX ManufacturiNV.IND.MA.. .. .. .. .. 4.95E+11
Mexico MEX Real effect PX.REX.REE.. .. .. .. .. ..
Mexico MEX Official ex PA.NUS.FCR 0.0125 0.0125 0.0125 0.0125 0.0125 0.0125
Mexico MEX Real interesFR.INR.RIN .. .. .. .. .. ..

Data from database: World Development Indicators

Last Updated: 12/16/2020
1966 [YR191967 [YR191968 [YR191969 [YR191970 [YR191971 [YR191972 [YR191973 [YR191974 [YR191975 [YR19
1.916E+11 1.812E+11 1.903E+11 2.138E+11 2.229E+11 2.293E+11 2.612E+11 2.897E+11 2.891E+11 2.957E+11
3.24E+11 3.228E+11 3.427E+11 3.422E+11 3.684E+11 3.526E+11 4.071E+11 4.917E+11 5.794E+11 5.567E+11
6.328E+11 7.055E+11 7.73E+11 8.278E+11 8.927E+11 8.683E+11 9.825E+11 1.13E+12 1.223E+12 1.339E+12
3.151E+12 3.335E+12 3.65E+12 3.774E+12 4.02E+12 4.171E+12 4.514E+12 4.869E+12 5.15E+12 5.446E+12
1.128E+12 1.211E+12 1.307E+12 1.408E+12 1.504E+12 1.523E+12 1.667E+12 1.836E+12 1.946E+12 2.035E+12
5.317E+11 5.63E+11 6.077E+11 6.504E+11 6.981E+11 7.182E+11 7.801E+11 8.508E+11 8.938E+11 9.309E+11
.. .. .. .. .. .. .. .. .. ..
0.0125 0.0125 0.0125 0.0125 0.0125 0.0125 0.0125 0.0125 0.0125 0.0125
.. .. .. .. .. .. .. .. .. ..
1976 [YR191977 [YR191978 [YR191979 [YR191980 [YR191981 [YR191982 [YR191983 [YR191984 [YR191985 [YR19
3.172E+11 3.75E+11 4.603E+11 5.464E+11 6.677E+11 7.436E+11 9.114E+11 1.041E+12 1.101E+12 1.052E+12
5.23E+11 4.275E+11 5.216E+11 6.752E+11 9.263E+11 1.09E+12 6.777E+11 4.487E+11 5.286E+11 5.867E+11
1.333E+12 1.237E+12 1.439E+12 1.726E+12 2.027E+12 2.355E+12 1.96E+12 1.406E+12 1.496E+12 1.614E+12
5.687E+12 5.88E+12 6.406E+12 7.028E+12 7.676E+12 8.331E+12 8.288E+12 8E+12 8.271E+12 8.452E+12
2.133E+12 2.165E+12 2.389E+12 2.651E+12 2.859E+12 3.112E+12 3.031E+12 2.731E+12 2.867E+12 3.024E+12
9.722E+11 1E+12 1.098E+12 1.21E+12 1.281E+12 1.365E+12 1.327E+12 1.215E+12 1.277E+12 1.36E+12
.. .. .. .. 120.84823 137.50682 98.723778 87.000052 101.90104 104.74516
0.0154258 0.0225729 0.0227673 0.0228054 0.022951 0.0245146 0.0564017 0.1200936 0.1678276 0.2568716
.. .. .. .. .. .. .. .. .. ..
1986 [YR191987 [YR191988 [YR191989 [YR191990 [YR191991 [YR191992 [YR191993 [YR191994 [YR191995 [YR19
1.099E+12 1.203E+12 1.273E+12 1.302E+12 1.349E+12 1.411E+12 1.435E+12 1.488E+12 1.619E+12 1.946E+12
5.422E+11 5.701E+11 7.794E+11 9.451E+11 1.132E+12 1.322E+12 1.597E+12 1.577E+12 1.857E+12 1.561E+12
1.423E+12 1.421E+12 1.504E+12 1.6E+12 1.81E+12 1.96E+12 2.173E+12 2.146E+12 2.46E+12 1.578E+12
8.192E+12 8.333E+12 8.44E+12 8.787E+12 9.241E+12 9.631E+12 9.972E+12 1.017E+13 1.067E+13 1E+13
2.845E+12 2.925E+12 3.006E+12 3.191E+12 3.405E+12 3.52E+12 3.673E+12 3.684E+12 3.889E+12 3.465E+12
1.285E+12 1.317E+12 1.364E+12 1.471E+12 1.571E+12 1.625E+12 1.692E+12 1.681E+12 1.741E+12 1.668E+12
73.157609 67.405823 83.64583 89.768146 91.856192 100.71892 108.89797 117.11022 112.33137 75.482549
0.6117726 1.3781825 2.273105 2.4614725 2.8125992 3.01843 3.0948983 3.1156167 3.3751167 6.419425
.. .. .. .. .. .. .. -13.17395 9.6401498 15.142499
1996 [YR191997 [YR191998 [YR191999 [YR192000 [YR202001 [YR202002 [YR202003 [YR202004 [YR202005 [YR20
2.247E+12 2.458E+12 2.639E+12 2.783E+12 3.104E+12 3.088E+12 3.101E+12 3.16E+12 3.472E+12 3.691E+12
1.834E+12 2.258E+12 2.592E+12 2.89E+12 3.477E+12 3.448E+12 3.489E+12 3.577E+12 3.809E+12 4.014E+12
1.885E+12 2.171E+12 2.398E+12 2.531E+12 2.664E+12 2.47E+12 2.414E+12 2.439E+12 2.612E+12 2.774E+12
1.067E+13 1.14E+13 1.199E+13 1.232E+13 1.293E+13 1.288E+13 1.288E+13 1.306E+13 1.357E+13 1.389E+13
3.875E+12 4.181E+12 4.431E+12 4.499E+12 4.697E+12 4.594E+12 4.525E+12 4.605E+12 4.782E+12 4.885E+12
1.824E+12 2E+12 2.163E+12 2.225E+12 2.369E+12 2.302E+12 2.247E+12 2.232E+12 2.306E+12 2.356E+12
84.769562 97.598657 98.369215 106.77132 115.53967 123.0184 123.05121 110.19176 105.97659 109.80577
7.5994484 7.91846 9.1360418 9.5603975 9.4555583 9.3423417 9.6559583 10.789019 11.285967 10.897892
7.7761121 2.859181 9.4677968 6.5800994 5.1965925 6.3687429 2.566238 2.8672242 -0.484781 3.6090838
2006 [YR202007 [YR202008 [YR202009 [YR202010 [YR202011 [YR202012 [YR202013 [YR202014 [YR202015 [YR20
3.979E+12 4.058E+12 4.016E+12 3.58E+12 4.381E+12 4.719E+12 5.027E+12 5.096E+12 5.451E+12 5.91E+12
4.363E+12 4.573E+12 4.723E+12 3.97E+12 4.647E+12 4.908E+12 5.174E+12 5.283E+12 5.596E+12 5.928E+12
3.033E+12 3.209E+12 3.42E+12 3.021E+12 3.163E+12 3.411E+12 3.579E+12 3.459E+12 3.56E+12 3.73E+12
1.451E+13 1.484E+13 1.501E+13 1.422E+13 1.495E+13 1.55E+13 1.606E+13 1.628E+13 1.674E+13 1.729E+13
5.086E+12 5.134E+12 5.08E+12 4.7E+12 4.913E+12 5.053E+12 5.197E+12 5.185E+12 5.319E+12 5.377E+12
2.466E+12 2.481E+12 2.447E+12 2.199E+12 2.391E+12 2.466E+12 2.564E+12 2.577E+12 2.68E+12 2.759E+12
109.90102 108.37356 106.08011 92.784058 100 99.797266 96.62534 102.27252 101.25005 90.750845
10.899242 10.928192 11.129717 13.513475 12.636008 12.423325 13.169458 12.771992 .. ..
1.0551937 1.6748159 2.3859808 3.0077673 0.7092776 -0.875864 0.638928 2.6809249 -0.850301 0.5712192
2016 [YR202017 [YR202018 [YR202019 [YR202020 [YR2020]
6.122E+12 6.377E+12 6.76E+12 6.859E+12 ..
6.097E+12 6.485E+12 6.902E+12 6.851E+12 ..
3.761E+12 3.716E+12 3.751E+12 3.578E+12 ..
1.775E+13 1.812E+13 1.852E+13 1.851E+13 ..
5.394E+12 5.381E+12 5.408E+12 5.317E+12 ..
2.802E+12 2.88E+12 2.933E+12 2.95E+12 ..
79.027188 80.882187 80.995673 83.658222 ..
.. .. .. .. ..
-0.839867 0.5870531 2.9916899 4.3362666 ..
 Industry
Exports of Imports of Gross fixed (including Manufacturi Real
goods and goods and capital GDP construction ng, value effective
services services formation (constant ), value added exchange
(constant (constant (constant LCU) added (constant rate index
LCU) LCU) LCU) (constant LCU) (2010 = 100)
LCU)
Series Name
X M I Y Y_I Y_M Q
1960 9.0717E+10178209627057 2.6401E+11 2.0856E+12 .. .. ..
1961 9.8738E+10176116721439 2.6642E+11 2.1899E+12 .. .. ..
1962 1.0487E+11179177137228 2.8123E+11 2.2921E+12 .. .. ..
1963 1.0771E+11197791897777 3.1319E+11 2.4779E+12 .. .. ..
1964 1.1515E+11228034828848 3.7663E+11 2.7729E+12 .. .. ..
1965 1.7475E+11300657493418 5.816E+11 2.9698E+12 1.0372E+12 4.9501E+11 ..
1966 1.9158E+11323994474533 6.3284E+11 3.1508E+12 1.1276E+12 5.3172E+11 ..
1967 1.8124E+11322758226280 7.0545E+11 3.3353E+12 1.211E+12 5.6302E+11 ..
1968 1.9032E+11342712295347 7.7304E+11 3.6496E+12 1.3074E+12 6.0765E+11 ..
1969 2.1379E+11342182018298 8.278E+11 3.7743E+12 1.4078E+12 6.5044E+11 ..
1970 2.2293E+11368448300754 8.9272E+11 4.0198E+12 1.5038E+12 6.9812E+11 ..
1971 2.2927E+11352642211987 8.6829E+11 4.171E+12 1.5233E+12 7.1824E+11 ..
1972 2.6124E+11407083454756 9.8249E+11 4.5142E+12 1.6669E+12 7.8007E+11 ..
1973 2.8975E+11491734516247 1.1296E+12 4.8691E+12 1.8358E+12 8.5081E+11 ..
1974 2.8911E+11579372378987 1.223E+12 5.1504E+12 1.9456E+12 8.9381E+11 ..
1975 2.9568E+11556731785784 1.3386E+12 5.4462E+12 2.0346E+12 9.3095E+11 ..
1976 3.1719E+11522988916609 1.3328E+12 5.6868E+12 2.1328E+12 9.7216E+11 ..
1977 3.7497E+11427503912102 1.2373E+12 5.8797E+12 2.1653E+12 1.0004E+12 ..
1978 4.6032E+11521616904663 1.4394E+12 6.4063E+12 2.3894E+12 1.098E+12 ..
1979 5.464E+11675240716266 1.7257E+12 7.0276E+12 2.6506E+12 1.2102E+12 ..
1980 6.6771E+11926325293283 2.0266E+12 7.6765E+12 2.8591E+12 1.2805E+12 120.848227
1981 7.4361E+11 1.090483E+12 2.3555E+12 8.3309E+12 3.1124E+12 1.3653E+12 137.506816
1982 9.1136E+11677713288973 1.96E+12 8.2875E+12 3.0311E+12 1.3269E+12 98.7237775
1983 1.041E+12448707531710 1.4056E+12 7.9986E+12 2.7312E+12 1.2151E+12 87.0000516
1984 1.1009E+12528609976398 1.4961E+12 8.2714E+12 2.8665E+12 1.2768E+12 101.901039
1985 1.0518E+12586670023662 1.6135E+12 8.4524E+12 3.0238E+12 1.3601E+12 104.745157
1986 1.099E+12542186603681 1.4231E+12 8.1921E+12 2.8452E+12 1.2845E+12 73.1576088
1987 1.2033E+12570058620868 1.4213E+12 8.3332E+12 2.9253E+12 1.3174E+12 67.4058225
1988 1.2726E+12779378268570 1.5036E+12 8.4402E+12 3.0064E+12 1.3636E+12 83.6458304
1989 1.3015E+12945053052682 1.5996E+12 8.7867E+12 3.1909E+12 1.4712E+12 89.7681463
1990 1.349E+12 1.131652E+12 1.8096E+12 9.2415E+12 3.4051E+12 1.5708E+12 91.856192
1991 1.4108E+12 1.321525E+12 1.96E+12 9.631E+12 3.5195E+12 1.6247E+12 100.718921
1992 1.4346E+12 1.59721E+12 2.1726E+12 9.972E+12 3.6734E+12 1.6923E+12 108.897966
1993 1.4882E+12 1.577245E+12 2.1456E+12 1.0166E+13 3.6839E+12 1.6809E+12 117.110218
1994 1.6191E+12 1.85712E+12 2.4604E+12 1.0668E+13 3.8886E+12 1.741E+12 112.331368
1995 1.9461E+12 1.561054E+12 1.5785E+12 9.9967E+12 3.4654E+12 1.668E+12 75.482549
1996 2.2467E+12 1.833894E+12 1.8847E+12 1.0674E+13 3.875E+12 1.8237E+12 84.7695618
1997 2.4576E+12 2.257764E+12 2.1707E+12 1.1405E+13 4.1809E+12 1.9998E+12 97.5986567
1998 2.6393E+12 2.59201E+12 2.3979E+12 1.1994E+13 4.4306E+12 2.1629E+12 98.3692154
1999 2.7826E+12 2.890439E+12 2.5313E+12 1.2324E+13 4.4987E+12 2.2248E+12 106.771323
2000 3.1045E+12 3.477097E+12 2.6637E+12 1.2933E+13 4.6965E+12 2.369E+12 115.539673
2001 3.0883E+12 3.447854E+12 2.47E+12 1.2881E+13 4.594E+12 2.302E+12 123.018396
2002 3.1005E+12 3.489498E+12 2.4138E+12 1.2875E+13 4.5249E+12 2.2467E+12 123.051206
2003 3.1597E+12 3.577106E+12 2.4392E+12 1.3062E+13 4.6045E+12 2.2316E+12 110.19176
2004 3.4715E+12 3.809018E+12 2.6123E+12 1.3574E+13 4.7819E+12 2.3063E+12 105.976589
2005 3.6907E+12 4.01391E+12 2.7744E+12 1.3887E+13 4.8848E+12 2.3564E+12 109.805766
2006 3.979E+12 4.362542E+12 3.0328E+12 1.4511E+13 5.0865E+12 2.4664E+12 109.901019
2007 4.0576E+12 4.573097E+12 3.2092E+12 1.4844E+13 5.1336E+12 2.4813E+12 108.373555
2008 4.0163E+12 4.723162E+12 3.4196E+12 1.5014E+13 5.0797E+12 2.4472E+12 106.080106
2009 3.5803E+12 3.969866E+12 3.0206E+12 1.422E+13 4.7E+12 2.1992E+12 92.7840584
2010 4.381E+12 4.646939E+12 3.1629E+12 1.4948E+13 4.9132E+12 2.3908E+12 100
2011 4.7189E+12 4.908005E+12 3.4111E+12 1.5495E+13 5.0532E+12 2.4663E+12 99.7972656
2012 5.0268E+12 5.17385E+12 3.5792E+12 1.606E+13 5.1969E+12 2.5635E+12 96.6253402
2013 5.0957E+12 5.283449E+12 3.4593E+12 1.6277E+13 5.1853E+12 2.577E+12 102.272518
2014 5.4515E+12 5.596269E+12 3.5602E+12 1.6741E+13 5.3187E+12 2.6804E+12 101.250048
2015 5.9102E+12 5.927667E+12 3.7299E+12 1.7292E+13 5.3773E+12 2.7591E+12 90.7508452
2016 6.1219E+12 6.096798E+12 3.7607E+12 1.7747E+13 5.3943E+12 2.8019E+12 79.0271882
2017 6.3767E+12 6.484579E+12 3.7164E+12 1.8122E+13 5.3809E+12 2.88E+12 80.8821867
2018 6.7595E+12 6.901528E+12 3.7506E+12 1.852E+13 5.4078E+12 2.9331E+12 80.995673
2019 6.8594E+12 6.851275E+12 3.5778E+12 1.851E+13 5.3174E+12 2.9505E+12 83.6582225
 Official
exchange
rate (LCU Real interest
per US$, rate (%)
period
average)

E r
0.0125 ..
0.0125 ..
0.0125 ..
0.0125 ..
0.0125 ..
0.0125 ..
0.0125 ..
0.0125 ..
0.0125 ..
0.0125 ..
0.0125 ..
0.0125 ..
0.01250002 ..
0.01249995 ..
0.01249997 ..
0.0125 ..
0.01542585 ..
0.02257287 ..
0.02276728 ..
0.02280538 ..
0.02295101 ..
0.0245146 ..
0.0564017 ..
0.12009358 ..
0.16782758 ..
0.25687158 ..
0.61177258 ..
1.3781825 ..
2.273105 ..
2.4614725 ..
2.81259917 ..
3.01843 ..
3.09489833 ..
3.11561667 -13.1739459
3.37511667 9.64014978
6.419425 15.1424992
7.59944842 7.77611215
 7.91846 2.85918097
9.13604175 9.4677968
9.5603975 6.58009945
9.45555833 5.19659251
9.34234167 6.36874291
9.65595833 2.566238
10.7890192 2.86722418
11.2859667 -0.4847808
10.8978917 3.60908384
10.8992417 1.0551937
10.9281917 1.67481592
11.1297167 2.38598083
13.513475 3.00776726
12.6360083 0.70927759
12.423325 -0.87586423
13.1694583 0.63892802
12.7719917 2.68092491
.. -0.8503015
.. 0.57121922
.. -0.83986729
.. 0.58705309
.. 2.99168991
.. 4.33626656
 X M g_x g_m
1980 6.6771E+11 9.2633E+11
1981 7.4361E+11 1.0905E+12 11.3676732 17.7213553
1982 9.1136E+11 6.7771E+11 22.5584014 -37.8519902
1983 1.041E+12 4.4871E+11 14.2228346 -33.7909498
1984 1.1009E+12 5.2861E+11 5.75344302 17.8072439
1985 1.0518E+12 5.8667E+11 -4.46134347 10.9835323
1986 1.099E+12 5.4219E+11 4.49058106 -7.58235775
1987 1.2033E+12 5.7006E+11 9.49025582 5.14066873
1988 1.2726E+12 7.7938E+11 5.76298701 36.7189689
1989 1.3015E+12 9.4505E+11 2.26948799 21.257301
1990 1.349E+12 1.1317E+12 3.64493997 19.7447923
1991 1.4108E+12 1.3215E+12 4.58471245 16.7784051
1992 1.4346E+12 1.5972E+12 1.68376808 20.8611573
1993 1.4882E+12 1.5772E+12 3.73729514 -1.25003125
1994 1.6191E+12 1.8571E+12 8.7951718 17.7445793
1995 1.9461E+12 1.5611E+12 20.1979645 -15.9422353
1996 2.2467E+12 1.8339E+12 15.4479319 17.4779572
1997 2.4576E+12 2.2578E+12 9.38522168 23.1131363
1998 2.6393E+12 2.592E+12 7.39570034 14.8042757
1999 2.7826E+12 2.8904E+12 5.43022592 11.5134035
2000 3.1045E+12 3.4771E+12 11.5665821 20.2965316
2001 3.0883E+12 3.4479E+12 -0.52130566 -0.84102162
2002 3.1005E+12 3.4895E+12 0.39612289 1.2078033
2003 3.1597E+12 3.5771E+12 1.90668319 2.5106365
2004 3.4715E+12 3.809E+12 9.87023366 6.48321775
2005 3.6907E+12 4.0139E+12 6.31458046 5.37914188
2006 3.979E+12 4.3625E+12 7.81145675 8.68559924
2007 4.0576E+12 4.5731E+12 1.97405885 4.82642304
2008 4.0163E+12 4.7232E+12 -1.01744059 3.28147656
2009 3.5803E+12 3.9699E+12 -10.8549472 -15.9489854
2010 4.381E+12 4.6469E+12 22.3624087 17.0553108
2011 4.7189E+12 4.908E+12 7.71347603 5.61802981
2012 5.0268E+12 5.1739E+12 6.52453697 5.41656497
2013 5.0957E+12 5.2834E+12 1.37052227 2.11830862
2014 5.4515E+12 5.5963E+12 6.98239639 5.92076125
2015 5.9102E+12 5.9277E+12 8.41439655 5.92177286
2016 6.1219E+12 6.0968E+12 3.58234965 2.85323434
2017 6.3767E+12 6.4846E+12 4.16202133 6.36041624
2018 6.7595E+12 6.9015E+12 6.00369421 6.4298559
2019 6.8594E+12 6.8513E+12 1.47721183 -0.72814755
Code License Type
NE.EXP.GNFS.KN CC BY-4.0
NE.IMP.GNFS.KN CC BY-4.0
NE.GDI.FTOT.KN CC BY-4.0
NY.GDP.MKTP.KN CC BY-4.0
NV.IND.TOTL.KN CC BY-4.0
NV.IND.MANF.KN CC BY-4.0
PX.REX.REER CC BY-4.0
PA.NUS.FCRF CC BY-4.0
FR.INR.RINR CC BY-4.0
Indicator Name
Exports of goods and services (constant LCU)
Imports of goods and services (constant LCU)
Gross fixed capital formation (constant LCU)
GDP (constant LCU)
Industry, value added (constant LCU)
Manufacturing, value added (constant LCU)
Real effective exchange rate index (2010 = 100)
Official exchange rate (LCU per US$, period average)
Real interest rate (%)
Long definition
Exports of goods and services represent the value of all goods
Imports of goods and services represent the value of all goods
Gross fixed capital formation (formerly gross domestic fixed inv
GDP is the sum of gross value added by all resident producers i
Industry corresponds to ISIC divisions 10-45 and includes manufa
Manufacturing refers to industries belonging to ISIC divisions 15
Real effective exchange rate is the nominal effective exchange r
Official exchange rate refers to the exchange rate determined by
Real interest rate is the lending interest rate adjusted for infl
Source
World Bank national accounts data, and OECD National Accounts
World Bank national accounts data, and OECD National Accounts
World Bank national accounts data, and OECD National Accounts
World Bank national accounts data, and OECD National Accounts
World Bank national accounts data, and OECD National Accounts
World Bank national accounts data, and OECD National Accounts
International Monetary Fund, International Financial Statistics.
International Monetary Fund, International Financial Statistics.
International Monetary Fund, International Financial Statistics
Topic
Economic Policy & Debt: National accounts: Local currency at c
Economic Policy & Debt: National accounts: Local currency at c
Economic Policy & Debt: National accounts: Local currency at c
Economic Policy & Debt: National accounts: Local currency at co
Economic Policy & Debt: National accounts: Local currency at c
Economic Policy & Debt: National accounts: Local currency at c
Financial Sector: Exchange rates & prices
Financial Sector: Exchange rates & prices
Financial Sector: Interest rates
Periodicity
Annual
Annual
Annual
Annual
Annual
Annual
Annual
Annual
Annual
Base Period
varies by country
varies by country
varies by country
varies by country
varies by country
varies by country
2010
Statistical concept and methodology

The real effective exchange rate is a nominal effective exchang

The exchange rate is the price of one currency in terms of ano
In 2009 the IMF began publishing a new presentation of monetary statistics for countries that report data in accordance with
Development relevance

In a market-based economy, household, producer, and government

In a market-based economy, household, producer, and government
The real interest rate is used in various economic theories to explain such phenomena as the capital flight, business cycle and
 Limitations and exceptions

Because of conceptual and data limitations, changes in real effective exchange rates should be interpreted with caution.
Official or market exchange rates are often used to convert economic statistics in local currencies to a common currency in ord
eories to explain such phenomena as the capital flight, business cycle and economic bubbles. When the real rate of interest is high, that is
 General comments

Note: Data for OECD countries are based on ISIC, revision 4.

Note: Data for OECD countries are based on ISIC, revision 4.
s in real effective exchange rates should be interpreted with caution.
convert economic statistics in local currencies to a common currency in ord
s cycle and economic bubbles. When the real rate of interest is high, that is, demand for credit is high, then money will, all other things be
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