Bank of Indonesia published updated external debt figures showing Indonesia’s external debt stock reached USD 431.9 billion in August 2025, with annual growth moderating to 2.0% from 4.2% in July. The deceleration reflected slower growth in public-sector external debt alongside a continued contraction in private external debt. Government external debt totalled USD 213.9 billion and growth eased to 6.7% from 9.0%, which was linked to slower foreign capital inflows into government securities amid elevated global financial market uncertainty; 99.9% of government external debt was long term. Private external debt stood at USD 194.2 billion and contracted by 1.1% after a 0.2% decline in July, driven by a 1.6% contraction in non-financial corporations and moderated growth of 0.8% in financial corporations; manufacturing, insurance and financial services, electricity and gas supply, and mining and quarrying accounted for 81.2% of private external debt. The external-debt-to-GDP ratio was 30.0% (29.9% in July), with long-term debt comprising 85.9% of the total. Bank Indonesia indicated the latest data and metadata are available in the October 2025 edition of Indonesia’s External Debt Statistics (SULNI), published on its website and accessible via the Ministry of Finance website.
Bank of Indonesia 2025-10-15
Bank of Indonesia reports external debt growth slowed to 2.0% year on year in August 2025
Bank of Indonesia reported that Indonesia's external debt reached USD 431.9 billion in August 2025, with annual growth slowing to 2.0% from 4.2% in July. Government external debt growth eased to 6.7% amid global financial uncertainty, while private external debt contracted by 1.1%. The external-debt-to-GDP ratio was 30.0%, with long-term debt comprising 85.9% of the total.