Statute
Civil Code
Article
Art. 2213
Topic
Actual or Compensatory Damages
Book
BOOK IV Obligations and Contracts
Title
TITLE XVIII DAMAGES
Chapter
CHAPTER 2 Actual or Compensatory Damages
Year
1949

The provision

Interest cannot be recovered upon unliquidated claims or damages, except when the demand can be established with reasonable certainty.

Note on current application: the legal interest rate in the Philippines is 6% per annum (Bangko Sentral ng Pilipinas Circular No. 799), as established in Nacar v. Gallery Frames (G.R. No. 189871, August 13, 2013).

Cases applying this article

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