Finland Statutory default interest (viivästyskorko)
Finland Statutory default interest (viivästyskorko) is 9.5 percent, in force since 1 Jul 2026. Last checked against the official source on 10 Aug 2026.
Finland's general statutory default interest under korkolaki 4 §: the reference rate fixed for each half-year under 12 § plus seven percentage points — 9.5% per annum for 1 July to 31 December 2026.
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| Current value | 9.5 percent |
|---|---|
| In force from | 2026-07-01 |
| Official source | Suomen Pankki (Bank of Finland) announcement: 'Korkolain (633/1982) 12 §:n mukainen viitekorko ajanjaksona 1.7.–31.12.2026 on 2,5 %. Viivästyskorko tänä ajanjaksona on 9,5 % vuodessa (viitekorko lisättynä korkolain 4 §:n mukaisella 7 prosenttiyksikön lisäkorolla)'; korkolaki 12 §: 'Viitekorko on Euroopan keskuspankin viimeisimpään perusrahoitusoperaatioon ennen kunkin puolivuotiskauden ensimmäistä kalenteripäivää soveltama korko pyöristettynä ylöspäin lähimpään seuraavaan puoleen prosenttiyksikköön' |
| Last verified | 2026-08-10 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Finland's general default rate on money debts — the one that applies to consumer and other civil debts, and the rate a court awards on a judgment sum: reference rate 2.5% plus the 7 percentage points in korkolaki 4 § = 9.5% for 1 July to 31 December 2026. Setter: the reference rate is announced by Suomen Pankki for each half-year and published in the Finnish statute series; the 7-point addition is in the Act and does not change. TWO TRAPS IN 12 §: (1) ROUNDING IS UPWARD to the next HALF percentage point — the ECB main refinancing rate before 1 July 2026 was 2.40%, which rounds up to a reference rate of 2.50%, so the statutory rate is 9.50% and not 9.40%. Never compute it as the ECB rate plus 7. (2) HALF-YEARLY SNAPSHOT — the rate is taken from the last ECB main refinancing operation before the first calendar day of the half-year and does not move if the ECB moves inside the period. Under 11 § a court may moderate the default interest where the debtor's payment failure is due to illness, unemployment or a comparable cause. Commercial invoices are a separate product: korkolaki 4 a § gives EIGHT percentage points over the same reference rate on kaupalliset sopimukset — 10.5% for this half-year, alongside the statutory recovery compensation — and that regime is served in our late-payment-interest product. NEXT FIXING: announced by Suomen Pankki in late December 2026 for the period 1 January to 30 June 2027.
Get it programmatically
curl https://euroref.dev/v1/fi/statutory-interest
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://euroref.dev/v1/fi/statutory-interest/history?from=2020-01-01
# Provenance: curl https://euroref.dev/provenance/fi/statutory-interestOther Finland series: Policy Rate (ECB Deposit Facility Rate) · Value Added Tax (Arvonlisävero / ALV) · VAT registration threshold · Statutory Minimum Wage (none - set by collective agreement) · Public Holidays · Consumer Price Inflation (Kuluttajahintaindeksi, year-on-year) · Corporate Income Tax (Yhteisövero) · Withholding tax rates · Personal Income Tax (Ansiotulon valtion tulovero) · Statutory social-insurance contributions · ECB main refinancing operations rate (fixed rate) · Late-payment interest (EU Late Payment Directive)
The same figure elsewhere: France · Germany · Greece · Hungary · Iceland · all 34