Fiatmap

Cost of moneyGermany

Real policy rate in Germany

Does money at the central bank’s rate actually beat inflation?

Germany's real policy rate is 0.33 % — #28 of 53 countries on the atlas (higher is better). Period 2026-09.

0.33%

Checked 23 Oct 2026Period 2026-09

Source: Fiatmap derived metrics (own calculation from separately sourced components)

Positive: money in the bank in Germany currently grows 0.3 pp faster than prices.

Among 53 countries

2 of 53 countries between -1.92 % and -1.62 %1 of 53 countries between -1.62 % and -1.32 %4 of 53 countries between -1.32 % and -1.02 %1 of 53 countries between -1.02 % and -0.72 %1 of 53 countries between -0.72 % and -0.42 %3 of 53 countries between -0.42 % and -0.12 %7 of 53 countries between -0.12 % and 0.18 %7 of 53 countries between 0.18 % and 0.48 %4 of 53 countries between 0.78 % and 1.08 %5 of 53 countries between 1.08 % and 1.38 %3 of 53 countries between 1.38 % and 1.68 %1 of 53 countries between 1.68 % and 1.98 %1 of 53 countries between 1.98 % and 2.28 %2 of 53 countries between 2.28 % and 2.58 %4 of 53 countries between 2.58 % and 2.88 %1 of 53 countries between 2.88 % and 3.18 %1 of 53 countries between 3.18 % and 3.48 %2 of 53 countries between 3.78 % and 4.08 %3 of 53 countries between 4.98 % and 5.28 %median 0.88 %Germany: ahead of 47 % of the 53 countries with a published real policy rateGermany 0.33 %-1.92 %5.28 %
Half of all 53 countries sit between -0.06 % and 2.16 %. Germany is ahead of 47 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.
Rank
#28 of 53
higher is better
Ranked behind
47 %
25 of 53 countries
Latest move
▲ 0.25 pp
since June 2026

In Europe: #10 of 30vs median 0.88 %: −0.55 pp (worse)

The neighbourhood

#CountryReal policy ratevs Germany
26 United States0.92 %+0.59 pp
27 South Korea0.88 %+0.55 pp
28 Germany0.33 %—
29 Chile0.29 %−0.04 pp
30 Ireland0.29 %−0.04 pp

Policy rate minus annual CPI inflation — positive means money in the bank beats inflation. Our calculation from separately sourced components.

How to read this figure

Our own calculation: the central bank policy rate minus annual CPI inflation. It answers one question — does parked money beat rising prices? Both components are separately sourced official figures, and we never compute it when either leg is missing.

Next, about Germany

Mortgage ratesInflation rate
Real policy rate, all countries ranked →Compare Germany with another country →Everything about Germany →Methodology →
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