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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Measure: Average interest rate (%). Written from the data below.
- The latest figure, for 2026, is 3.5%.
- That is down 2.5 percentage points from 6.1% in 2001.
- The highest was 6.1% in 2001.
- The lowest was 1.6% in 2021.
Source and date
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Chartly. “What interest rate does the US government pay on its debt?” Chart. Data: U.S. Treasury Fiscal Data, Average Interest Rates on U.S. Treasury Securities, https://fiscaldata.treasury.gov/datasets/average-interest-rates-treasury-securities/ (data as of September 30, 2026). https://chart.ly/charts/interest-rate-on-us-debt (accessed October 15, 2026).
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The data
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| 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 |
| 2026 | 3.531 |
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