Federal budget

What interest rate does the US government pay on its debt?

The average interest rate on all federal debt was 3.36% at the end of fiscal 2025, about twice the low of 1.61% in 2021 but well below the 6.06% of 2001, when this Treasury series begins.

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Source and date

Data as of
Published

The data

Fiscal year Average interest rate (%)
2001 6.064
2002 5.298
2003 4.654
2004 4.517
2005 4.704
2006 5.022
2007 5.009
2008 4.188
2009 3.347
2010 3.052
2011 2.886
2012 2.588
2013 2.43
2014 2.401
2015 2.35
2016 2.232
2017 2.284
2018 2.494
2019 2.492
2020 1.772
2021 1.605
2022 2.07
2023 2.97
2024 3.324
2025 3.363