Indonesia Government Debt: % of GDP
2015 - 2024 | Quarterly | % | CEIC Data
Key information about Indonesia Government Debt: % of GDP
- Indonesia Government debt accounted for 39.2 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 38.9 % in the previous quarter.
- Indonesia government debt to GDP ratio data is updated quarterly, available from Jun 2015 to Dec 2024.
- The data reached an all-time high of 41.6 % in Mar 2021 and a record low of 25.9 % in Jun 2015.
CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Ministry of Finance provides Government Debt in local currency. Statistics Indonesia provides Nominal GDP in local currency. Government Debt covers Central Government only.
Related information about Indonesia Government Debt: % of GDP
- In the latest reports, Indonesia National Government Debt reached 548.0 USD bn in Jan 2025.
- The country's Nominal GDP reached 370.3 USD bn in Sep 2025.
View Indonesia's Government Debt: % of GDP from Jun 2015 to Dec 2024 in the chart:
What was Indonesia's Government Debt: % of GDP in Dec 2024?
Indonesia Government debt accounted for 39.2 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 38.9 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 39.2 Dec 2024 | 38.9 Sep 2024 | 25.9 Jun 2015 | 41.6 Mar 2021 | % | quarterly | Jun 2015 - Dec 2024 |
Government Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 51.8 Dec 2025 | quarterly | Sep 2010 - Dec 2025 |
| Algeria (%) | 47.8 2024 | yearly | 1997 - 2024 |
| Argentina (%) | 73.3 Jun 2025 | quarterly | Dec 2004 - Jun 2025 |
| Armenia (%) | 46.8 Dec 2025 | quarterly | Dec 2013 - Dec 2025 |
| Australia (%) | 38.3 2024 | yearly | 1999 - 2024 |
| Austria (%) | 81.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Azerbaijan (%) | 16.8 2021 | yearly | 2008 - 2021 |
| Bahrain (%) | 105.4 Dec 2025 | quarterly | Dec 2007 - Dec 2025 |
| Bangladesh (%) | 38.9 2025 | yearly | 2010 - 2025 |
| Belarus (%) | 35.9 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
| Belgium (%) | 107.9 Dec 2025 | quarterly | Dec 1980 - Dec 2025 |
| Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (%) | 18.7 2024 | yearly | 2007 - 2024 |
| Botswana (%) | 30.2 Dec 2025 | quarterly | Jun 2014 - Dec 2025 |
| Brazil (%) | 80.0 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| Bulgaria (%) | 29.9 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Cambodia (%) | 26.0 2024 | yearly | 2013 - 2024 |
| Canada (%) | 69.2 2025 | yearly | 1962 - 2025 |
| Chile (%) | 42.6 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| China (%) | 29.4 Dec 2025 | quarterly | Mar 2014 - Dec 2025 |
| Colombia (%) | 66.9 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Croatia (%) | 56.5 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Cyprus (%) | 55.0 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Czech Republic (%) | 44.3 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Denmark (%) | 27.9 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Ecuador (%) | 67.1 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Egypt (%) | 60.0 Dec 2025 | quarterly | Jun 2006 - Dec 2025 |
| Estonia (%) | 24.1 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| European Union (%) | 81.7 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Finland (%) | 88.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| France (%) | 110.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Georgia (%) | 34.2 Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| Germany (%) | 63.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Ghana (%) | 61.8 2024 | yearly | 2006 - 2024 |
| Greece (%) | 146.1 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Hong Kong SAR, China (%) | 46.1 2025 | yearly | 2003 - 2025 |
| Hungary (%) | 74.6 Dec 2025 | quarterly | Dec 1990 - Dec 2025 |
| Iceland (%) | 56.1 2025 | yearly | 1998 - 2025 |
| India (%) | 58.6 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Indonesia (%) | 39.2 Dec 2024 | quarterly | Jun 2015 - Dec 2024 |
| Iran (%) | 8.7 Jun 2025 | quarterly | Mar 1998 - Jun 2025 |
| Ireland (%) | 32.9 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Israel (%) | 67.2 2025 | yearly | 1995 - 2025 |
| Italy (%) | 137.1 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
| Japan (%) | 202.2 Dec 2025 | quarterly | Jun 1982 - Dec 2025 |
| Jordan (%) | 83.1 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Kazakhstan (%) | 23.0 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Kenya (%) | 68.9 Sep 2025 | quarterly | Dec 2009 - Sep 2025 |
| South Korea (%) | 47.6 Dec 2025 | quarterly | Sep 2002 - Dec 2025 |
| Kosovo (%) | 19.9 2022 | yearly | 2009 - 2022 |
| Kuwait (%) | 4.7 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Kyrgyzstan (%) | 39.5 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Latvia (%) | 46.9 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Lebanon (%) | 24.7 2022 | yearly | 1998 - 2022 |
| Lithuania (%) | 39.1 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Luxembourg (%) | 26.5 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| North Macedonia (%) | 51.8 Dec 2025 | quarterly | Dec 2009 - Dec 2025 |
| Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
| Malaysia (%) | 65.3 Mar 2026 | quarterly | Dec 2010 - Mar 2026 |
| Malta (%) | 46.4 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Mauritius (%) | 80.8 Mar 2026 | quarterly | Jun 2003 - Mar 2026 |
| Mexico (%) | 59.5 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Moldova (%) | 38.0 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Mongolia (%) | 38.6 Jun 2025 | quarterly | Dec 2017 - Jun 2025 |
| Montenegro (%) | 58.3 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Morocco (%) | 71.4 2022 | yearly | 1994 - 2022 |
| Nepal (%) | 39.9 2021 | yearly | 1990 - 2021 |
| Netherlands (%) | 44.4 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| New Zealand (%) | 49.4 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Nigeria (%) | 18,684.4 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Norway (%) | 54.3 2025 | yearly | 1995 - 2025 |
| Oman (%) | 34.6 2025 | yearly | 1990 - 2025 |
| Pakistan (%) | 68.3 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 103.8 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Panama (%) | 65.6 Dec 2025 | quarterly | Dec 2007 - Dec 2025 |
| Paraguay (%) | 33.2 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Peru (%) | 30.2 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Philippines (%) | 65.2 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Poland (%) | 59.7 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Portugal (%) | 91.0 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
| Romania (%) | 59.4 Dec 2025 | quarterly | Dec 2011 - Dec 2025 |
| Russia (%) | 16.4 Dec 2025 | quarterly | Dec 2011 - Dec 2025 |
| Saudi Arabia (%) | 31.7 Dec 2025 | quarterly | Dec 2016 - Dec 2025 |
| Serbia (%) | 44.4 Dec 2025 | quarterly | Sep 2004 - Dec 2025 |
| Singapore (%) | 166.1 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Slovakia (%) | 62.3 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Slovenia (%) | 65.7 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| South Africa (%) | 78.8 Dec 2025 | quarterly | Dec 1960 - Dec 2025 |
| Spain (%) | 100.7 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Sri Lanka (%) | 91.6 Dec 2025 | quarterly | Mar 2014 - Dec 2025 |
| Sweden (%) | 35.5 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Switzerland (%) | 22.2 2029 | yearly | 1990 - 2029 |
| Taiwan, China (%) | 26.8 2024 | yearly | 1996 - 2024 |
| Tajikistan (%) | 36.3 2021 | yearly | 1999 - 2021 |
| Thailand (%) | 59.1 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| Tunisia (%) | 80.5 2025 | yearly | 2016 - 2025 |
| Turkey (%) | 23.8 Dec 2025 | quarterly | Dec 2001 - Dec 2025 |
| Ukraine (%) | 98.6 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
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Learn more about what we doIndonesia Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 6.805 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 3,321.0 Mar 2026 | monthly | Jan 1967 - Mar 2026 |
| Total Exports (USD mn) | 22,526.8 Mar 2026 | monthly | Oct 1983 - Mar 2026 |
| Total Exports Growth (%) | -3.1 Mar 2026 | monthly | Oct 1984 - Mar 2026 |
| Aluminum: Exports (USD th) | 777,952.699 2024 | yearly | 2003 - 2024 |
| Exports: Medicament (USD th) | 531,985.050 2024 | yearly | 2003 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 186,847.860 2024 | yearly | 2003 - 2024 |
| Total Imports (USD mn) | 19,205.8 Mar 2026 | monthly | Jan 2008 - Mar 2026 |
| Total Imports Growth (%) | 1.5 Mar 2026 | monthly | Jan 2009 - Mar 2026 |
| Imports: Medicament (USD th) | 833,323.820 2024 | yearly | 2003 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,649,645.943 2024 | yearly | 2003 - 2024 |
| Total Exports to USA (USD mn) | 2,289.154 Mar 2026 | monthly | Jan 1971 - Mar 2026 |
| Total Imports from USA (USD mn) | 972.619 Mar 2026 | monthly | Jul 1982 - Mar 2026 |
| Total Exports to China (USD mn) | 6,185.288 Mar 2026 | monthly | Nov 1982 - Mar 2026 |
| Total Imports from China (USD mn) | 6,380.084 Mar 2026 | monthly | Mar 1988 - Mar 2026 |
| Exports: Machinery & Transportation Equipments (USD mn) | 2,938.462 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Exports: Mineral Fuels, Lubricants, Etc (USD mn) | 3,963.141 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Exports: Beverages and Tobacco (USD mn) | 142.493 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Imports: Machinery and Transport Equipments (USD mn) | 6,398.137 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Imports: Chemical (USD mn) | 2,323.545 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Imports: Mineral Fuels, Lubricants and etc (USD mn) | 3,640.238 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Imports: Beverages and Tobacco (USD mn) | 107.277 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Imports: cif: OG: Crude Oil (USD mn) | 393.100 Mar 2019 | monthly | Jan 2008 - Mar 2019 |
| Exports: fob: OG: Mining: Crude Oil (USD mn) | 177.600 Apr 2019 | monthly | Jan 1998 - Apr 2019 |
| Imports: cif: OG: Gas (USD mn) | 217.500 Jun 2019 | monthly | Jan 2008 - Jun 2019 |
| Exports: fob: OG: Gas Procurement: Gas (USD mn) | 4.300 Mar 2019 | monthly | Jan 2015 - Mar 2019 |
| Exports: fob: OG: Mining: Gas (USD mn) | 447.900 Jun 2019 | monthly | Jan 2015 - Jun 2019 |
| Exports: Road Vehicles (USD mn) | 590.839 Feb 2019 | monthly | Jan 2012 - Feb 2019 |
| Imports: Road Vehicles (USD mn) | 593.654 Feb 2019 | monthly | Jan 2012 - Feb 2019 |
| Export Value Index (2015=100) | 172.200 2023 | yearly | 2003 - 2023 |
| Import Value Index (2015=100) | 157.600 2023 | yearly | 2003 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.3 Aug 2025 | monthly | Jan 2003 - Aug 2025 |
| Household Debt: % of GDP (%) | 14.8 Mar 2026 | quarterly | Dec 2010 - Mar 2026 |
| Non-Performing Loans (USD mn) | 11,106.097 Feb 2026 | monthly | Jan 2003 - Feb 2026 |
| Money Supply M1 (USD mn) | 201,475.298 Mar 2026 | monthly | Feb 1968 - Mar 2026 |
| Money Supply M2 (USD mn) | 609,375.237 Mar 2026 | monthly | Feb 1968 - Mar 2026 |
| M2 Growth (%) | 9.7 Mar 2026 | monthly | Feb 1969 - Mar 2026 |
| Reserve Requirement Ratio (%) | 9.0 Apr 2026 | monthly | Jan 1997 - Apr 2026 |
| Foreign Exchange Reserves (USD mn) | 124,650.0 Apr 2026 | monthly | Apr 2000 - Apr 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 9.000 Apr 2026 | monthly | Jan 1997 - Apr 2026 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.6 Mar 2026 | monthly | Jan 2008 - Mar 2026 |
| Gold Reserves (USD mn) | 12,872.750 Apr 2026 | monthly | Jun 1964 - Apr 2026 |
| Total Deposits (USD mn) | 536,494.880 Mar 2026 | monthly | Jan 1999 - Mar 2026 |
| Total Deposits Growth (%) | 10.5 Mar 2026 | monthly | Jan 2000 - Mar 2026 |
| Domestic Credit (USD mn) | 590,069.8 Mar 2026 | monthly | Jan 2004 - Mar 2026 |
| Domestic Credit Growth (%) | 11.1 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 4.400 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Credit to Households (USD bn) | 219.747 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 556.951 Sep 2025 | quarterly | Mar 1976 - Sep 2025 |
| Household Debt (USD mn) | 211,530.9 Mar 2026 | monthly | Jan 2002 - Mar 2026 |
| Total Loans (USD mn) | 501,175.603 Mar 2026 | monthly | Jan 2002 - Mar 2026 |
| Total Loans Growth (%) | 8.93 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Private Debt: % of Nominal GDP (%) | 30.39 Mar 2026 | quarterly | Mar 2002 - Mar 2026 |
| Broad Money (M2): YoY (%) | 9.700 Mar 2026 | monthly | Jan 1999 - Mar 2026 |
| BM (M2): Narrow Money (M1) (IDR bn) | 1,523,525.730 Jun 2019 | monthly | Jan 2002 - Jun 2019 |
| CRB: Loans: Household Consumption: Housing (IDR bn) | 465,884.900 Jun 2019 | monthly | Jun 2016 - Jun 2019 |
| NPL: Comm Banks (IDR bn) | 141,557.251 May 2019 | monthly | Jan 2011 - May 2019 |
| Commercial & Rural Banks: Loans: YoY (%) | 8.900 Mar 2026 | monthly | Oct 2019 - Mar 2026 |
| Commercial Banks: Non Performing Loan Ratio (%) | 2.150 Feb 2026 | monthly | Jul 2021 - Feb 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Global Competitiveness Index (Score) | 64.629 2019 | yearly | 2017 - 2019 |
| Business Confidence Growth (% Point) | 2.7 Jun 2026 | quarterly | Mar 2011 - Jun 2026 |
| Business Survey (BS): Prompt Manufacturing Index (PMI) (%) | 52.260 Jun 2026 | quarterly | Mar 2010 - Jun 2026 |
| Business Survey (BS): Production Capacity Utilization (PC) (%) | 76.097 Mar 2019 | quarterly | Mar 2004 - Mar 2019 |
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