Bank of Indonesia reported that Indonesia's external debt position remained maintained in May 2026, with total external debt at USD444.4 billion and annual growth rising slightly to 2.1% from 2.0% in April 2026. The increase reflected continued growth in public external debt, covering the government and central bank, alongside a narrower contraction in private external debt. Government external debt stood at USD217.3 billion, up 3.7% year on year and broadly stable from April 2026, supported by inflows into international government securities despite net repayments of maturing foreign loans. Bank Indonesia's external debt also increased as non-resident holdings of Bank Indonesia Rupiah Securities rose. Private external debt was USD195.9 billion, with the annual contraction easing to 0.1% from 0.5%, mainly because external debt at financial corporations fell less sharply. The overall debt structure remained dominated by long-term maturities, which accounted for 83.9% of total external debt, while the external debt-to-gross domestic product ratio was 29.9%. Bank Indonesia said it will continue coordinating with the government to monitor external debt developments and to support development financing while limiting risks to economic stability.