Arkansas prejudgment interest rate
United States Arkansas prejudgment interest — a formula rate, reset periodically.
→ All Arkansas judgment & prejudgment interest rates
Statutory formula / table Formula rate
2026 Arkansas prejudgment interest at a glance
- Current rate
- 5.75% per year
- Effective date
- July 9, 2026
- Controlling authority
- Ark. Code Ann. § 16-65-114(a)(1)
- Rate basis
- Statutory formula / table
- Source checked
- July 9, 2026
- Recorded history
- 1 data point
Arkansas prejudgment interest is currently 5.75% per year — a statutory formula rate under Ark. Code Ann. § 16-65-114(a)(1) that resets periodically.
When Arkansas prejudgment interest applies
Prejudgment interest is allowed ONLY when the amount of damages is definitely/reasonably ascertainable at the time of loss — i.e., fixed by a mathematical computation or by rules of evidence/known standards WITHOUT reliance on opinion or the fact-finder's discretion (Woodline Motor Freight v. Troutman Oil, 327 Ark. 448 (1997)). So: liquidated/ascertainable contract debts, conversion of property with a market value, and similar claims DO get it.
When it starts accruing
Accrues from the date of the loss/injury (the date the ascertainable amount was owed or the property was taken/damaged), running up to the date of judgment. It does not accrue until/unless damages became definitely ascertainable.
Simple or compound
Simple.
How the rate is set
Greater of (a) contract rate or (b) Federal Reserve primary credit rate on the judgment date + 2%. All other (non-contract/tort) actions: Federal Reserve primary credit rate on the judgment date + 2%.
→ Compare with the Arkansas post-judgment interest rate (interest after judgment)
Arkansas Act 995 of 2019 amended § 16-65-114 to use the Federal Reserve primary-credit rate plus 2 percentage points, subject to the constitutional maximum. The displayed 5.75% is a current formula value, not a permanent fixed rate. Confirm the current codified statute and benchmark before use. Not legal advice.
Current recorded observation
| Effective date | Rate | Basis |
|---|---|---|
| July 9, 2026 | 5.75% | Statute |
Source & provenance
Observation recorded July 9, 2026 (00:00 UTC) from the cited source (Arkansas General Assembly (official enacted act)):
https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FACTS%2F2019R%2FPublic%2FACT995.pdf
Cite this page
StatuteRates. “Arkansas Prejudgment Interest Rate.” StatuteRates.com. Accessed today. https://statuterates.com/rates/arkansas-prejudgment-rate/ Rate recorded under Ark. Code Ann. § 16-65-114(a)(1), effective July 9, 2026.