The legal interest rates for the first six months of the year 2022 were published on Tuesday in the Official Journal. For debts owed to individuals, the rate has rebounded very slightly.
The legal interest rates will be virtually unchanged in the first half of 2022. Updated every six months and published on Tuesday December 28 at Official newspaper, they are used to calculate the amount of compensatory interest in the event of late payment of a debt. A rate applies to debts to individuals, so if you owe money to an individual (for example in the event of late child support). Another to debts to companies or administrations.
How is the legal interest rate fixed
From January 1, next Saturday therefore, and until June 30, the legal interest rate is set at 3.13% (against 3.12% in the second half of 2021) for debts from individuals, and 0, 76% (unchanged) for those of professionals. For the latter, the rate has never been so low since 2015 and the implementation of the new method of calculation. The legal interest rate for professionals is used, for example, in the event of late repayment following an error in the calculation of the annual percentage rate of charge (APR) of a loan.
| Period | Rate applicable to debts from individuals | Rate applicable to professional debts | |
|---|---|---|---|
| 2022 | 1st semester | 3.13% | 0.76% |
| 2021 | 2nd semester | 3.12% | 0.76% |
| 1st semester | 3.14% | 0.79% | |
| 2020 | 2nd semester | 3.11% | 0.84% |
| 1st semester | 3.15% | 0.87% | |
| 2019 | 2nd semester | 3.26% | 0.87% |
| 1st semester | 3.40% | 0.86% | |
| 2018 | 2nd semester | 3.60% | 0.88% |
| 1st semester | 3.73% | 0.89% | |
| 2017 | 2nd semester | 3.94% | 0.90% |
| 1st semester | 4.16% | 0.90% | |
| 2016 | 2nd semester | 4.35% | 0.93% |
| 1st semester | 4.54% | 1.01% | |
| 2015 | 2nd semester | 4.29% | 0.99% |
| 1st semester | 4.06% | 0.93% | |
| 2014 | 0.04% | ||
| 2013 | 0.04% | ||
| 2012 | 0.71% | ||
| 2011 | 0.38% | ||
| 2010 | 0.65% | ||
| 2009 | 3.79% | ||
| 2008 | 3.99% | ||
| 2007 | 2.95% | ||
| 2006 | 2.11% | ||
| 2005 | 2.05% | ||
| 2004 | 2.27% | ||
| 2003 | 3.29% | ||
| 2002 | 4.26% | ||
| 2001 | 4.26% | ||
| 2000 | 2.74% | ||
| 1999 | 3.47% | ||
| 1998 | 3.36% | ||
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