Real policy rate · the other end

Countries with the most negative real interest rates

Estonia tops the list at -2.33 %. Policy rate minus annual CPI inflation — positive means money in the bank beats inflation. Our calculation from separately sourced components.

1	Estonia	-2.33 %
2	Japan	-1.92 %
3	Slovakia	-1.50 %
4	Lithuania	-1.29 %
5	Latvia	-1.25 %
6	Croatia	-1.19 %
7	Austria	-1.03 %
8	Netherlands	-0.76 %
9	Romania	-0.69 %
10	Spain	-0.20 %

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