§ StatuteRates

Georgia prejudgment interest rate

United States  Georgia prejudgment interest — 7% for liquidated claims, 9.75% for the current tort benchmark.

Current rate
7% / 9.75% per year — statutory prejudgment reference (source checked August 25, 2026)
Published value Fixed by statute

Follow recorded updates to this rate (RSS)

2026 Georgia prejudgment interest at a glance

Current rate
7% / 9.75% per year
Effective date
December 11, 2025
Controlling authority
O.C.G.A. §§7-4-2, 7-4-15, and 51-12-14
Rate basis
Published value
Source checked
August 25, 2026
Recorded history
59 data points

Georgia has two different prejudgment paths. A qualifying liquidated demand uses the 7% legal rate under O.C.G.A. §§7-4-2 and 7-4-15. A qualifying unliquidated tort demand under §51-12-14 instead uses the Federal Reserve prime rate on the benchmark-selection day plus 3 points — currently 9.75%. The claim type and notice determine which path, if either, applies.

When Georgia prejudgment interest applies

For the liquidated-demand path, the amount must be fixed or certain by agreement or otherwise; a genuine factual dispute over the amount can prevent §7-4-15 interest. Section 51-12-14 creates a separate path for qualifying unliquidated tort damages after the required written notice. It does not turn every tort claim into an automatic award.

When it starts accruing

For a qualifying liquidated demand, interest runs from the legally relevant date the party became bound to pay, or from demand where the obligation is payable on demand. For the §51-12-14 tort path, interest begins on the 30th day after the last written notice, and the prime rate on that 30th day supplies the benchmark.

Simple or compound

Both recorded paths are treated as simple interest. The calculator remains withheld because eligibility, notice, the exact accrual date, offsets, and payment mechanics depend on the claim.

How the rate is set

The liquidated path remains 7%. The tort-demand path is Federal Reserve prime plus 3 percentage points; the history table records every benchmark change since the current scheme began and the weekly pipeline monitors FRED for the next change.

Georgia has two prejudgment paths. A qualifying liquidated demand uses the 7% legal rate under O.C.G.A. §§7-4-2 and 7-4-15 from the legally relevant due or demand date. Qualifying unliquidated tort damages under §51-12-14 instead use the Federal Reserve prime rate on the 30th day after the last written notice plus three points; the current benchmark produces 9.75%. Both paths are treated as simple interest, but notice, entitlement, and the correct branch are case-specific. Not legal advice.

Effective-date history

59 data points on record (showing the most recent 40). All recorded observations are in the JSON API.
Effective dateRateBasis
December 11, 2025 7% / 9.75% Published
October 30, 2025 7% / 10.00% Published
September 17, 2025 7% / 10.25% Published
December 20, 2024 7% / 10.50% Published
November 8, 2024 7% / 10.75% Published
September 19, 2024 7% / 11.00% Published
July 27, 2023 7% / 11.50% Published
May 4, 2023 7% / 11.25% Published
March 23, 2023 7% / 11.00% Published
February 2, 2023 7% / 10.75% Published
December 15, 2022 7% / 10.50% Published
November 3, 2022 7% / 10.00% Published
September 22, 2022 7% / 9.25% Published
July 28, 2022 7% / 8.50% Published
June 16, 2022 7% / 7.75% Published
May 5, 2022 7% / 7.00% Published
March 17, 2022 7% / 6.50% Published
March 16, 2020 7% / 6.25% Published
March 4, 2020 7% / 7.25% Published
October 31, 2019 7% / 7.75% Published
September 19, 2019 7% / 8.00% Published
August 1, 2019 7% / 8.25% Published
December 20, 2018 7% / 8.50% Published
September 27, 2018 7% / 8.25% Published
June 14, 2018 7% / 8.00% Published
March 22, 2018 7% / 7.75% Published
December 14, 2017 7% / 7.50% Published
June 15, 2017 7% / 7.25% Published
March 16, 2017 7% / 7.00% Published
December 15, 2016 7% / 6.75% Published
December 17, 2015 7% / 6.50% Published
December 16, 2008 7% / 6.25% Published
October 29, 2008 7% / 7.00% Published
October 8, 2008 7% / 7.50% Published
April 30, 2008 7% / 8.00% Published
March 18, 2008 7% / 8.25% Published
January 30, 2008 7% / 9.00% Published
January 22, 2008 7% / 9.50% Published
December 11, 2007 7% / 10.25% Published
October 31, 2007 7% / 10.50% Published

Source & provenance

Observation recorded August 25, 2026 (02:51 UTC) from the cited source (Georgia General Assembly-authorized Code portal (LexisNexis); Federal Reserve prime benchmark via FRED):
https://fred.stlouisfed.org/series/PRIME

Cite this page

StatuteRates. “Georgia Prejudgment Interest Rate.” StatuteRates.com. Accessed today. https://statuterates.com/rates/georgia-prejudgment-rate/ Rate recorded under O.C.G.A. §§7-4-2, 7-4-15, and 51-12-14, effective December 11, 2025.

Reference data only — not legal, tax, or financial advice. Always confirm the controlling value against the controlling official source and, where applicable, the governing statute or court before relying on it.