Bank Indonesia published updated External Debt Statistics and reported that Indonesia’s external debt position reached USD 430.4bn in the first quarter of 2025, with annual growth accelerating to 6.4% year on year from 4.3% in the fourth quarter of 2024, driven by public sector external debt. The release also reported an external debt-to-gross domestic product ratio of 30.6%, with long-term debt accounting for 84.7% of total external debt. Government external debt stood at USD 206.9bn, growing 7.6% year on year (up from 3.3%), influenced by loan withdrawals and foreign capital inflows into international government securities (SBN). Sector allocations included human health and social activities (22.4%), public administration, defence and compulsory social security (18.5%), education (16.5%), construction (12.0%), and transportation and storage (8.7%), with 99.9% in long-term maturities. Private external debt was USD 195.5bn, with a 1.2% year-on-year contraction (after a 1.6% contraction), mainly reflecting non-financial corporations, and concentrated in manufacturing, insurance and financial services, electricity and gas supply, and mining and quarrying (79.6% of private external debt), with 76.4% in long-term tenors. Bank Indonesia and the Government will continue strengthening coordination to monitor external debt developments and manage associated risks. The latest data and metadata are presented in the May 2025 edition of Indonesia’s External Debt Statistics on the Bank Indonesia website and are also accessible via the Ministry of Finance website.

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