Bank of Indonesia published data showing Indonesia’s international investment position (IIP) moved to a larger net liability in the third quarter of 2025, with the net liability position rising to USD 262.9bn from USD 244.5bn at the end of the second quarter. Foreign financial assets increased modestly to USD 541.1bn, up 0.7% quarter on quarter, driven mainly by higher market valuations including rising gold prices, global equity prices and asset prices in several placement countries. Foreign financial liabilities rose more sharply to USD 803.9bn, up 2.8% quarter on quarter, reflecting higher direct investment and portfolio investment, continued foreign capital inflows, and higher domestic equity prices. Bank Indonesia noted the IIP-to-GDP ratio was maintained at 18.3% in the third quarter and that long-term maturity instruments accounted for 93.1% of the liability structure, primarily direct investment. Further details are provided in Indonesia’s IIP Report Q3/2025 published on Bank Indonesia’s website.