Real policy rate · the other end

Countries with the most negative real interest rates

Estonia tops the list at -2.58 %. Policy rate minus annual CPI inflation — positive means money in the bank beats inflation. Our calculation from separately sourced components.

1	Estonia	-2.58 %
2	Japan	-2.17 %
3	Slovakia	-1.75 %
4	Lithuania	-1.54 %
5	Latvia	-1.50 %
6	Croatia	-1.44 %
7	Netherlands	-1.01 %
8	Romania	-0.69 %
9	Austria	-0.53 %
10	Spain	-0.45 %

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