Fiatmap

Cost of moneyHungary

Real policy rate in Hungary

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

Hungary's real policy rate is 1.09 % — #23 of 53 countries on the atlas (higher is better). Period 2026-08.

1.09%

Checked 21 Sept 2026Period 2026-08

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

Positive: money in the bank in Hungary currently grows 1.1 pp faster than prices.

Real policy rate in Hungary over time

1.84 %1.47 %1.09 %1.84 % · June 2026June 2026: 1.84 %July 2026: 1.34 %August 2026: 1.09 %June 2026July 2026August 20261.09 %
3 official observations, June 2026 → August 2026. Every point is a published value — never interpolated.
Rank
#23 of 53
higher is better
Ranked behind
57 %
30 of 53 countries
Latest move
▼ 0.25 pp
since July 2026
Below its peak
0.75 pp
peak 1.84 % in June 2026
Full series
▼ 0.75 pp
since June 2026

In Europe: #7 of 30vs median 0.63 %: +0.46 pp (better)

Among 53 countries

2 of 53 countries between -2.17 % and -1.86 %1 of 53 countries between -1.86 % and -1.55 %4 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 %2 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 %5 of 53 countries between 0.93 % and 1.24 %5 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 %Hungary: ahead of 57 % of the 53 countries with a published real policy rateHungary 1.09 %-2.17 %5.28 %
Half of all 53 countries sit between -0.15 % and 1.91 %. Hungary is ahead of 57 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryReal policy ratevs Hungary
21 Kuwait1.14 %+0.05 pp
22 Thailand1.13 %+0.04 pp
23 Hungary1.09 %—
24 Sweden1.07 %−0.02 pp
25 Italy0.72 %−0.37 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 Hungary

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