Cost of moneyRussia
Savings vs inflation in Russia
Is my bank account gaining or losing purchasing power?
Russia's savings vs inflation is 5.90 % — #6 of 70 countries on the atlas (higher is better). Period 2024.
5.90%
Source: Fiatmap derived metrics (own calculation from separately sourced components)
A bank account in Russia currently gains about 5.9 pp of purchasing power a year.
Among 70 countries
- Rank
- #6 of 70
- higher is better
- Ranked behind
- 91 %
- 64 of 70 countries
In Europe: #1 of 12vs median 0.74 %: +5.16 pp (better)
The neighbourhood
| # | Country | Savings vs inflation | vs Russia |
|---|---|---|---|
| 4 | Georgia | 6.72 % | +0.82 pp |
| 5 | Dominican Republic | 5.90 % | — |
| 6 | Russia | 5.90 % | — |
| 7 | Egypt | 5.09 % | −0.81 pp |
| 8 | Armenia | 4.72 % | −1.18 pp |
Deposit rate minus inflation — whether an ordinary bank account gains or loses purchasing power. Our calculation from two separately sourced figures.
How to read this figure
Our own calculation: the bank deposit rate minus annual CPI inflation. Where the policy-rate real rate answers "does the central bank beat inflation", this answers the question an ordinary saver actually has — does MY account? Deposit rates come from the IMF (harmonised, ~100 economies), inflation from official CPI; we never compute it when either leg is missing.