Data story · Real interest rates
Where parked money still beats inflation
Of the 53 countries where both legs are published, money at the policy rate currently beats inflation in 39 — and loses purchasing power in 14. Brazil leads at 8.73 %; at the other end, Estonia sits at -2.33 %.
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Fiatmap, “Where parked money still beats inflation”, fiatmap.com/stories/where-savings-beat-inflation. Licensed CC BY 4.0. Underlying data: official statistics, each value dated at source.
| # | Country | Real policy rate |
|---|---|---|
| 1 | Brazil | 8.73 % |
| 2 | Colombia | 6.86 % |
| 3 | Russia | 5.28 % |
| 4 | South Africa | 4.04 % |
| 5 | Indonesia | 3.84 % |
| 6 | Philippines | 3.34 % |
| 7 | China | 2.94 % |
| 8 | India | 2.85 % |
| 9 | Hong Kong | 2.81 % |
| 10 | Peru | 2.72 % |
| ⋮ and at the other end | ||
| 51 | Slovakia | -1.50 % |
| 52 | Japan | -1.92 % |
| 53 | Estonia | -2.33 % |
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.
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