This line graph shows the conventional interest rates in the United States from 1977 to 2008. Rates were highest in the early 1980s, peaking at over 16% in 1981. Rates generally declined over the following decades, falling below 4% in the 1990s and remaining under 7% for most of the 2000s. The table below the graph lists the annual interest rates for each year.

1. Conventional rates since 1977
18.00%
16.00%
14.00%
12.00%
10.00%
8.00%
6.00%
4.00%
2.00%
0.00%
1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008
1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007

2. 1977 8.85%
1978 9.64%
1979 11.20%
1980 13.74%
1981 16.63%
1982 16.04%
1983 13.24%
1984 13.88%
1985 12.43%
1986 10.19%
1987 10.21%
1988 10.34%
1989 10.32%
1990 10.13%
1991 9.25%
1992 8.39%
1993 7.31%
1994 8.38%
1995 7.93%
1996 7.81%
1997 7.60%
1998 6.94%
1999 7.44%
2000 8.05%
2001 6.97%
2002 6.54%
2003 5.83%
2004 5.84%
2005 5.87%
2006 6.41%
2007 6.34%
2008 6.03%