Legal interest rate falls to 2.25%

For the 2016 calendar year, the legal interest rate is falling to 2.25%.

Overview:

• 2016 : 2.25%
• 2015 : 2.50%
• 2014 : 2.75 %
• 2013 : 2.75 %
• 2012 : 4.25 %
• 2011 : 3.75 %
• 2010 : 3.25 %
• 2009 : 5.5 %
• 2008 : 7.0 %
• 2007 : 6.0 %
• as of 1 September 1996 : 7.0 %
• as of 1 August 1986 : 8.0 %
• as of 1 August 1985 : 10.0 %
• as of 1 August 1981 : 12.0 %
• as of 1 November 1974 : 8.0 %
• as of 1 July 1970 : 6.5 %
• until 30 June 1970 : 4.5 % (civil cases) - 5.5 % (commercial cases)

(Communication of the General Administration of the Treasury of the F.P.S. Finance, in implementation of art. 2, § 1 Act of 5 May 1865 on interest-bearing loans, yet to be published in the Belgian Official Journal)

For more information on this topic, you can consult Eva Zaman and Siegfried Busscher (the authors).