Fiatmap

Cost of moneyHong Kong

Real policy rate in Hong Kong

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

Hong Kong's real policy rate is 2.56 % — #11 of 53 countries on the atlas (higher is better). Period 2026-08.

2.56%

Checked 8 Sept 2026Period 2026-08

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

Positive: money in the bank in Hong Kong currently grows 2.6 pp faster than prices.

Among 53 countries

2 of 53 countries between -2.17 % and -1.86 %1 of 53 countries between -1.86 % and -1.55 %3 of 53 countries between -1.55 % and -1.24 %1 of 53 countries between -1.24 % and -0.93 %1 of 53 countries between -0.93 % and -0.62 %3 of 53 countries between -0.62 % and -0.31 %10 of 53 countries between -0.31 % and 0.00 %4 of 53 countries between 0.00 % and 0.31 %1 of 53 countries between 0.31 % and 0.62 %3 of 53 countries between 0.62 % and 0.93 %4 of 53 countries between 0.93 % and 1.24 %6 of 53 countries between 1.24 % and 1.56 %3 of 53 countries between 1.87 % and 2.18 %3 of 53 countries between 2.49 % and 2.80 %2 of 53 countries between 2.80 % and 3.11 %1 of 53 countries between 3.11 % and 3.42 %2 of 53 countries between 3.73 % and 4.04 %3 of 53 countries between 4.97 % and 5.28 %median 0.63 %Hong Kong: ahead of 79 % of the 53 countries with a published real policy rateHong Kong 2.56 %-2.17 %5.28 %
Half of all 53 countries sit between -0.15 % and 1.91 %. Hong Kong is ahead of 79 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.
Rank
#11 of 53
higher is better
Ranked behind
79 %
42 of 53 countries

In Asia: #5 of 12vs median 0.63 %: +1.93 pp (better)

The neighbourhood

#CountryReal policy ratevs Hong Kong
9 Peru2.72 %+0.16 pp
10 Mexico2.69 %+0.13 pp
11 Hong Kong2.56 %—
12 Saudi Arabia2.17 %−0.39 pp
13 Cyprus2.12 %−0.44 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 Hong Kong

Inflation rateLending rate
Real policy rate, all countries ranked →Compare Hong Kong with another country →Everything about Hong Kong →Methodology →
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