Legal Rate Of Interest

The legal rate of interest also known as the "judgment rate" on money due on the judgment of any competent court or tribunal is determined on July 1 of each year by the Idaho State Treasurer. The base rate is determined by the Idaho State Treasurer utilizing the published interest rates during the second week in June. The rate of interest is applicable for the succeeding twelve months to all judgments declared during those twelve months.

Current Rate

Fiscal Year 2024 (effective July 1st, 2023 - June 30th, 2024) 10.250%

Previous Rates

Fiscal Year 2023 (effective July 1st, 2022 - June 30th, 2023) 7.375%
Fiscal Year 2022 (effective July 1st, 2021 - June 30th, 2022) 5.125%
Fiscal Year 2021 (effective July 1st, 2020 - June 30th, 2021) 5.250%
Fiscal Year 2020 (effective July 1st, 2019 - June 30th, 2020) 7.125%
Fiscal Year 2019 (effective July 1st, 2018 - June 30th, 2019) 7.375%
Fiscal Year 2018 (effective July 1st, 2017 - June 30th, 2018) 6.250%
Fiscal Year 2017 (effective July 1st, 2016 - June 30th, 2017)  5.625 %
Fiscal Year 2016 (effective July 1st, 2015 - June 30th, 2016) 5.375 % 
Fiscal Year 2015 (effective July 1st, 2014 - June 30th, 2015) 5.125 %
Fiscal Year 2014 (effective July 1st, 2013 - June 30th, 2014) 5.250 %
Fiscal Year 2013 (effective July 1st, 2012 - June 30th, 2013) 5.250 %
Fiscal Year 2012 (effective July 1st, 2011 - June 30th, 2012) 5.250 %
Fiscal Year 2011 (effective July 1st, 2010 - June 30th, 2011) 5.375 %
Fiscal Year 2010 (effective July 1st, 2009 - June 30th, 2010) 5.625 %
Fiscal Year 2009 (effective July 1st, 2008 - June 30th, 2009) 7.625 %
Fiscal Year 2008 (effective July 1st, 2007 - June 30th, 2008) 10.000 %
Fiscal Year 2007 (effective July 1st, 2006 - June 30th, 2007) 10.125 %
Fiscal Year 2006 (effective July 1st, 2005 - June 30th, 2006) 8.375 %
Fiscal Year 2005 (effective July 1st, 2004 - June 30th, 2005) 7.125 %
Fiscal Year 2004 (effective July 1st, 2003 - June 30th, 2004) 6.000 %
Fiscal Year 2003 (effective July 1st, 2002 - June 30th, 2003) 7.250 %
Fiscal Year 2002 (effective July 1st, 2001 - June 30th, 2002) 8.750 %
Fiscal Year 2001 (effective July 1st, 2000 - June 30th, 2001) 11.250 %
Fiscal Year 2000 (effective July 1st, 1999 - June 30th, 2000) 10.125 %
Fiscal Year 1999 (effective July 1st, 1998 - June 30th, 1999) 10.500 %
Fiscal Year 1998 (effective July 1st, 1997 - June 30th, 1998) 10.750 %
Fiscal Year 1997 (effective July 1st, 1996 - June 30th, 1997) 10.875 %
Fiscal Year 1996 (effective July 1st, 1995 - June 30th, 1996) 10.875 %
Fiscal Year 1995 (effective July 1st, 1994 - June 30th, 1995) 10.500 %
Fiscal Year 1994 (effective July 1st, 1993 - June 30th, 1994) 8.500 %
Fiscal Year 1993 (effective July 1st, 1992 - June 30th, 1993) 9.125 %
Fiscal Year 1992 (effective July 1st, 1991 - June 30th, 1992) 11.375 %
Fiscal Year 1991 (effective July 1st, 1990 - June 30th, 1991) 13.250 %
Fiscal Year 1990 (effective July 1st, 1989 - June 30th, 1990) 13.375 %
Fiscal Year 1989 (effective July 1st, 1988 - June 30th, 1989) 12.625 %
Fiscal Year 1988 (effective July 1st, 1987 - June 30th, 1988) 11.875 %
Fiscal Year 1987 (effective July 1st, 1986 - June 30th, 1987) 18.000 %
Fiscal Year 1986 (effective July 1st, 1985 - June 30th, 1986) 18.000 %