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Equatorial Guinea Statutory interest (interés legal / taux d'intérêt légal)

Equatorial Guinea Statutory interest (interés legal / taux d'intérêt légal): no single figure applies. The reason is set out below, cited to the governing instrument. Last checked against the official source on 10 Aug 2026.

Equatorial Guinea publishes no legal interest rate. OHADA commercial law entitles an unpaid creditor to interest 'au taux d'intérêt légal' but leaves the figure to national law, and no Equatoguinean instrument fixes one.

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Current valuestructured — see the API
In force from—
Official sourceOHADA, Acte uniforme relatif au droit commercial général (Journal officiel de l'OHADA n°1 du 1er octobre 1997, signed for the République de Guinée Equatoriale at Cotonou on 17 April 1997), art. 263: 'Si une partie ne paie pas le prix ou toute autre somme due, l'autre partie a droit à des intérêts sur cette somme, calculés au taux d'intérêt légal, applicable en matière commerciale, et ce, sans préjudice des dommages et intérêts qu'elle peut être fondée à demander... Les intérêts courent de l'envoi de la mise en demeure adressée à l'autre partie par lettre recommandée avec accusé de réception, ou par tout autre moyen écrit' (renumbered by the revised Act adopted at Lomé on 15 December 2010, commonly cited as art. 291) — the rate itself is left to national law, and Equatorial Guinea has fixed none
Last verified2026-08-10
Verificationsecondary — Corroborated, but the primary instrument was NOT read (usually the publishing host blocks automated access).
The OHADA basis and the absence of any BEAC- or CEMAC-published legal rate are read from primary texts, but Equatorial Guinea publishes no accessible consolidated civil code or official gazette, so the Spanish-derived civil-law position is stated from the recognised derivation of Equatoguinean private law rather than from a retrieved Equatoguinean instrument.
Provenancesource fingerprint

What this value means

REFUSAL — the entitlement exists but the number does not. Equatorial Guinea is an OHADA member and its commercial creditors have the Acte uniforme right to interest on a late-paid price, measured 'au taux d'intérêt légal, applicable en matière commerciale' and running from the mise en demeure — but OHADA does not fix that rate and no Equatoguinean instrument does. THE HISPANOPHONE COMPLICATION: unlike the other five CEMAC states, Equatorial Guinea's private law derives from the Spanish Código Civil rather than the French Code civil. Under that tradition a money debtor in mora owes, absent agreement, 'el interés legal' — but the figure is supplied by separate legislation, which in Spain is the annual Ley de Presupuestos Generales del Estado. Equatorial Guinea enacts no equivalent annual fixing, so the code's reference resolves to nothing. Do not import Spain's current interés legal del dinero: it is a Spanish budget-law figure with no application in Malabo. WHAT EXISTS, AND WHY NONE OF IT IS THE ANSWER: CEMAC's Règlement n°04/19/CEMAC/UMAC/CM of 10 August 2020 governs the taux effectif global, the repression of usury and the publication of bank conditions — a CEILING on lending rates, not a default rate owed by a late payer. The BEAC, unlike the BCEAO (which publishes an annual taux d'intérêt légal table for the eight UMOA states), publishes no legal interest rate for the six CEMAC states; its TIAO is a monetary policy rate, 4.50% since 29 June 2026 (Décision N°01/CPM/2026). CAMEROON IS THE EXCEPTION, NOT THE RULE: it alone in CEMAC has legislated an express peg (loi n°2004/015 of 21 April 2004) — that statute has no application in Equatorial Guinea. In practice a creditor pleads a contractual rate or asks the court to fix the interest.

Get it programmatically

curl https://afriref.dev/v1/gq/statutory-interest
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History:    curl https://afriref.dev/v1/gq/statutory-interest/history?from=2020-01-01
# Provenance: curl https://afriref.dev/provenance/gq/statutory-interest

Other Equatorial Guinea series: Policy interest rate (BEAC TIAO) · Value added tax (Impuesto sobre el Valor Anadido, IVA) - standard rate · VAT registration threshold · Salario minimo interprofesional (SMI) · Public holidays · Consumer price inflation (year-on-year) · Corporate income tax (Impuesto sobre Sociedades) · Withholding tax rates · Personal income tax (Impuesto sobre Sueldos y Salarios / IRPF) · Statutory social-insurance contributions

The same figure elsewhere: Eswatini · Ethiopia · Gabon · Ghana · Kenya · all 34