Civil Judgment Interest Rates

Judgment Interest Rates

The Chief Financial Officer is required to set the rate of interest  payable on judgments and decrees on December 1, March 1, June 1, and September 1 of each year for the following applicable quarter (Section 55.03(1), Florida Statutes).   Sections 215.422(3)(b), 337.141(3) and 687.01, Florida Statutes, requires the use of this rate for the payment of interest for late payments to vendors; for late payments on construction or maintenance contracts administered by the Department of Transportation; and for cases where a rate of interest is not specified in a contract.

The interest rate for payments to health care providers pursuant to Section 215.422(13), Florida Statutes, remains at 1% per month or .0003333 per day.

Effective Date
Rate Per          Annum
Daily Rate          as a Percentage
Daily Rate          as a Decimal
April 1, 2024
9.34%
.0255191%
.000255191
January 1, 2024
9.09%
.0248361%
.000248361
October 1, 2023
8.54%
.0233973%
.000233973
July 1, 2023
7.69%
.0210685%
.000210685
April 1, 2023
6.58%
.0180274%
.000180274
January 1, 2023
5.52%
.0151233%
.000151233
October 1, 2022
4.75%
.0130137%
.000130137
July 1, 2022
4.34%
.0118904%
.000118904
April 1, 2022
4.25%
.0116438%
.000116438
January 1, 2022
4.25%
.0116438%
.000116438
October 1, 2021
4.25%
.0116438%
.000116438
July 1, 2021
4.25%
.0116438%
.000116438
April 1, 2021
4.31%
.0118082%
.000118082
January 1, 2021
4.81%
.0131781%
.000131781
October 1, 2020
5.37%
.0146721%
.000146721
July 1, 2020
6.03%
.0164754%
.000164754

For historical interest rates, please click here.