General Average Interest Rates under the York-Antwerp Rules 2016
| 04.01.16 | 1,16925 | +4% | |
| 03.01.17 | 1,68900 | +4% | |
| 02.01.18 | 2,10933 | +4% | |
| 02.01.19 | 3,00200 | +4% | |
| 02.01.20 | 1,99488 | +4% | |
| 04.01.21 | 0,34063 | +4% | |
| 04.01.22 | 0,60300 | +4% | |
| 03.01.23 | 5.44686 | +4% | 9.44686% LIBOR |
Note: Depending on the circumstances, timings and wordings of the contracts incorporating the York-Antwerp Rules 2016 it may be unclear which interest method is to apply for the year 2023. It is important to note that the practical difference is marginal, as for that year LIBOR + 4% was quasi equal to Prime + 2%.
As from 2023, for cases under the York-Antwerp Rules 2016 the rates for each year are:
| 01.01.24 | 8,50 | +2% | 10.50% |
| 01.01.25 | 7,50 | +2% | 9.50% |
This applies to adjustments issued in USD, and specific rates for each previous year must be verified.
It should also be noted that the CMI has amended Rule XXI by applying 2% instead of the 4% mentioned in Rule XXI of the 2016 YAR.