Florida prejudgment interest rate
United States Florida prejudgment interest — a formula rate, reset each quarter.
→ All Florida judgment & prejudgment interest rates
Statutory formula / table Formula rate
2026 Florida prejudgment interest at a glance
- Current rate
- 8.06% per year
- Effective date
- July 1, 2026
- Controlling authority
- Fla. Stat. § 55.03
- Rate basis
- Statutory formula / table
- Source checked
- August 22, 2026
- Recorded history
- 78 data points
Florida’s prejudgment reference uses the monitored quarterly rate schedule under Fla. Stat. § 55.03; the current value and effective date are shown above. Prejudgment interest is available ONLY on LIQUIDATED / readily ascertainable damages representing an actual out-of-pocket pecuniary loss fixed as of a date certain (Argonaut "loss theory").
When Florida prejudgment interest applies
Prejudgment interest is available ONLY on LIQUIDATED / readily ascertainable damages representing an actual out-of-pocket pecuniary loss fixed as of a date certain (Argonaut "loss theory"). Neither the merit of the defense nor the disputed certainty of the amount defeats entitlement once the verdict liquidates the loss as of a prior date — computation is then a purely ministerial/mathematical duty.
When it starts accruing
Accrues from the date the plaintiff suffered the pecuniary loss (date of loss). For breach of contract, typically the date payment/performance was due; for qualifying economic tort/out-of-pocket losses, the date the actual loss was incurred. Runs through the date of judgment.
Simple or compound
Simple. Florida does not compound prejudgment interest; once computed it is added to principal and the total then bears post-judgment interest (avoiding "interest on interest").
How the rate is set
Prejudgment interest accrues at the § 55.03 statutory rate in effect during each period from the date of loss to the date of judgment. § 55.03 rate = 12-month average of the Federal Reserve Bank of New York discount rate + 400 basis points, reset quarterly (Dec 1 / Mar 1 / Jun 1 / Sep 1) by the CFO.
→ Compare with the Florida post-judgment interest rate (interest after judgment)
Florida’s CFO schedule supplies the rate used for qualifying prejudgment interest periods under Fla. Stat. §55.03. Entitlement, the date of loss, claim characterization, offsets, and the correct accrual periods remain case-specific; this reference series does not decide them. Verify the governing law and record. Not legal advice.
Effective-date history
| Effective date | Rate | Basis |
|---|---|---|
| July 1, 2026 | 8.06% | Statute |
| April 1, 2026 | 8.25% | Statute |
| January 1, 2026 | 8.44% | Statute |
| October 1, 2025 | 8.65% | Statute |
| July 1, 2025 | 8.90% | Statute |
| April 1, 2025 | 9.15% | Statute |
| January 1, 2025 | 9.38% | Statute |
| October 1, 2024 | 9.50% | Statute |
| July 1, 2024 | 9.46% | Statute |
| April 1, 2024 | 9.34% | Statute |
| January 1, 2024 | 9.09% | Statute |
| October 1, 2023 | 8.54% | Statute |
| July 1, 2023 | 7.69% | Statute |
| April 1, 2023 | 6.58% | Statute |
| January 1, 2023 | 5.52% | Statute |
| October 1, 2022 | 4.75% | Statute |
| July 1, 2022 | 4.34% | Statute |
| April 1, 2022 | 4.25% | Statute |
| January 1, 2022 | 4.25% | Statute |
| October 1, 2021 | 4.25% | Statute |
| July 1, 2021 | 4.25% | Statute |
| April 1, 2021 | 4.31% | Statute |
| January 1, 2021 | 4.81% | Statute |
| October 1, 2020 | 5.37% | Statute |
| July 1, 2020 | 6.03% | Statute |
| April 1, 2020 | 6.66% | Statute |
| January 1, 2020 | 6.83% | Statute |
| October 1, 2019 | 6.89% | Statute |
| July 1, 2019 | 6.77% | Statute |
| April 1, 2019 | 6.57% | Statute |
| January 1, 2019 | 6.33% | Statute |
| October 1, 2018 | 6.09% | Statute |
| July 1, 2018 | 5.97% | Statute |
| April 1, 2018 | 5.72% | Statute |
| January 1, 2018 | 5.53% | Statute |
| October 1, 2017 | 5.35% | Statute |
| July 1, 2017 | 5.17% | Statute |
| April 1, 2017 | 5.05% | Statute |
| January 1, 2017 | 4.97% | Statute |
| October 1, 2016 | 4.91% | Statute |
Source & provenance
Observation recorded August 22, 2026 (23:33 UTC) from the cited source (Florida Department of Financial Services, Chief Financial Officer (official)):
https://myfloridacfo.com/division/aa/audits-reports/judgment-interest-rates
Cite this page
StatuteRates. “Florida Prejudgment Interest Rate.” StatuteRates.com. Accessed today. https://statuterates.com/rates/florida-prejudgment-rate/ Rate recorded under Fla. Stat. § 55.03, effective July 1, 2026.