September 15, 2025 | 05:27 pm
TEMPO.CO, Jakarta - Bank Indonesia (BI) reported that Indonesia’s foreign debt stood at US$432.5 billion (Rp7,094.2 trillion, based on an exchange rate of Rp16,402 per US dollar) in July 2025.
This was slightly lower than the June figure of US$434.1 billion. Year-on-year growth in July was 4.1 percent, down from 6.3 percent in the previous month.
Executive Director of BI’s Communication Department, Ramdan Denny Prakoso, said the moderation was largely driven by slower growth in public sector debt.
“The decline in July’s foreign debt position was also influenced by the strengthening of the US dollar against most global currencies, including the rupiah,” Denny said in an official statement on Monday, September 15, 2025.
Government foreign debt reached US$211.7 billion in July, growing 9.0 percent year on year, lower than the 10.0 percent growth recorded in June. Denny explained that the slowdown reflected weaker growth in government loans and bond holdings.
By sector, government debt was channeled mainly into Health and Social Activities (23.1 percent of total government foreign debt), Education Services (17.0 percent), Government Administration, Defense, and Social Security (15.9 percent), Construction (12.1 percent), and Transportation and Warehousing (8.9 percent).
“The government’s debt position remains strong, as it is dominated by long-term obligations, which account for 99.9 percent of total government foreign debt,” Denny noted.
Meanwhile, private foreign debt continued to contract as in the previous month. BI recorded private foreign debt at US$195.6 billion in July, relatively unchanged from June but showing a 0.3 percent year-on-year decline.
Denny added that the contraction mainly came from non-financial institutions. The largest contributors to private foreign debt were the Manufacturing Industry, Financial and Insurance Services, Electricity and Gas Procurement, and Mining & Quarrying, together accounting for 80.4 percent of total private foreign debt.
Indonesia’s foreign debt-to-GDP ratio also fell slightly to 30.0 percent in July, from 30.5 percent in June. “Indonesia’s debt profile remains sound, supported by prudent management principles,” Denny emphasized.
Editor’s Choice: Indonesia's Rp200tn Fund Transfer to State Banks Yields 4% Interest
Click here to get the latest news updates from Tempo on Google News
Indonesia's Rp200tn Fund Transfer to State Banks Yields 4% Interest
2 hari lalu
The Finance Minister is optimistic that the recipient banks will use these government funds to provide credit.
Indonesian Govt to Inject Rp200tn to State-Owned Banks, What Are the Risks?
3 hari lalu
Finance Minister to transfer Rp200 trillion from Bank Indonesia to six State-Owned Banks (Himbara). Here are the potential risks and considerations.
Finance Minister to Disburse Rp200 Trillion to Indonesia's State-Owned Banks
3 hari lalu
The Finance Minister, Purbaya Yudhi Sadewa, ensures the transfer of Rp200 trillion government funds from BI to six banks will start on September 12, 2025, to boost credit and the economy.
Retail Sales in Indonesia Expected to Slow in the Next 3-6 Months
4 hari lalu
A recent survey by Bank Indonesia reveals retailers' expectations for retail sales in the next three to six months are slowing down.
Prabowo Approves Rp200tn Injection from BI Deposits to Support Lending, Growth
4 hari lalu
The government funds of Rp 200 trillion in Bank Indonesia approved by Prabowo to be withdrawn will be channeled to the banking sector.
Bank Indonesia Reports Falling Consumer Income and Surge in Debt Payments
4 hari lalu
Bank Indonesia presented the financial condition of Indonesian consumers. Income allocation for consumption decreased while loan payments increased.
Economist Outlines Three Risks of Indonesia's Burden Sharing Scheme
5 hari lalu
A new burden sharing scheme, jointly agreed upon by Bank Indonesia and the Finance Ministry to finance the government's programs, has drawn criticism.
Indonesians Remain Pessimistic About Job Availability, BI Survey Reports
5 hari lalu
A survey conducted by Bank Indonesia (BI) indicates that the public remains pessimistic about job availability.
Indonesia's August Foreign Exchange Reserves Fall by US$1.3B on Debt Payments
7 hari lalu
Bank Indonesia reported that foreign exchange reserves fell to US$150.7 billion in August 2025, down US$1.3 billion from July's US$152 billion.
Sri Mulyani Overhauls Indonesia's Financial System Stability Committee
8 hari lalu
Indonesian Finance Minister Sri Mulyani has restructured the organization & work procedures of the Secretariat of Financial System Stability Committee
