Colombia Statutory default interest (interés de mora)
Colombia Statutory default interest (interés de mora) is 29.66 percent, in force since 1 Aug 2026. Last checked against the official source on 10 Aug 2026.
Colombia's commercial default interest under Código de Comercio art. 884: one and a half times the Interés Bancario Corriente certified monthly by the Superintendencia Financiera — 29.66% E.A. for August 2026.
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| Current value | 29.66 percent (efectivo anual) |
|---|---|
| In force from | 2026-08-01 |
| Official source | Código de Comercio art. 884 (as amended by Ley 510/1999 art. 111): mora 'equivalente a una y media veces del bancario corriente' (equivalent to one and a half times the current banking interest); Superintendencia Financiera Resolución 1139 de 2026 (31 July 2026) certifying the Interés Bancario Corriente for August 2026 at 19.77% E.A. (crédito de consumo y ordinario) |
| Last verified | 2026-08-10 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Commercial default interest where no rate is stipulated: 1.5 × the Interés Bancario Corriente (IBC), and the same 1.5× IBC is the economy-wide USURY CEILING (Código Penal art. 305) — the two coincide by construction. THE MULTIPLIER IS ×1.5, NOT A MARGIN, and the IBC is re-certified MONTHLY by resolution of the Superintendencia Financiera (~last day of the prior month, valid for the exact calendar month): July 2026 IBC was 19.19% (mora 28.79%), August is 19.77% (mora 29.66%). The SFC certifies several IBC modalities (consumo y ordinario, productivo tiers, popular); art. 884 practice uses CONSUMO Y ORDINARIO — using another modality misstates the rate. Rates are expressed efectivo anual (effective annual, compounding), not nominal. Re-verify monthly against the SFC's certification resolution.
Get it programmatically
curl https://latamref.dev/v1/co/statutory-interest
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://latamref.dev/v1/co/statutory-interest/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/co/statutory-interestOther Colombia series: Banco de la República tasa de intervención · IVA tarifa general · VAT registration threshold · Salario mínimo mensual legal vigente (SMMLV) · Public holidays (festivos) · CPI inflation (year-on-year) · Corporate income tax rate · Withholding tax rates · Personal income tax brackets · Statutory social-insurance contributions · TRM
The same figure elsewhere: Costa Rica · Dominican Republic · Ecuador · El Salvador · Guatemala · all 22