Indonesia Government Debt: % of GDP
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 (%) | 52.4 Sep 2025 | quarterly | Sep 2010 - Sep 2025 |
| Algeria (%) | 47.8 2024 | yearly | 1997 - 2024 |
| Argentina (%) | 73.3 Jun 2025 | quarterly | Dec 2004 - Jun 2025 |
| Armenia (%) | 50.0 Sep 2025 | quarterly | Dec 2013 - Sep 2025 |
| Australia (%) | 38.3 2024 | yearly | 1999 - 2024 |
| Austria (%) | 83.7 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Azerbaijan (%) | 16.8 2021 | yearly | 2008 - 2021 |
| Bahrain (%) | 102.0 Sep 2025 | quarterly | Dec 2007 - Sep 2025 |
| Bangladesh (%) | 23.9 2025 | yearly | 2010 - 2025 |
| Belarus (%) | 35.9 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
| Belgium (%) | 106.9 Sep 2025 | quarterly | Dec 1980 - Sep 2025 |
| Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (%) | 18.7 2024 | yearly | 2007 - 2024 |
| Botswana (%) | 29.1 Sep 2025 | quarterly | Jun 2014 - Sep 2025 |
| Brazil (%) | 78.7 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Bulgaria (%) | 28.4 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Cambodia (%) | 26.0 2024 | yearly | 2013 - 2024 |
| Canada (%) | 69.3 2025 | yearly | 1962 - 2025 |
| Chile (%) | 43.2 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| China (%) | 28.8 Sep 2025 | quarterly | Mar 2014 - Sep 2025 |
| Colombia (%) | 64.0 Jun 2025 | quarterly | Dec 2005 - Jun 2025 |
| Croatia (%) | 57.2 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Cyprus (%) | 60.5 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Czech Republic (%) | 43.8 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Denmark (%) | 29.7 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Ecuador (%) | 65.6 Sep 2025 | quarterly | Dec 2005 - Sep 2025 |
| Egypt (%) | 62.0 Jun 2025 | quarterly | Jun 2006 - Jun 2025 |
| Estonia (%) | 22.9 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| European Union (%) | 82.1 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Finland (%) | 88.5 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| France (%) | 110.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Georgia (%) | 34.8 Sep 2025 | quarterly | Mar 2006 - Sep 2025 |
| Germany (%) | 62.3 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Ghana (%) | 61.8 2024 | yearly | 2006 - 2024 |
| Greece (%) | 151.2 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| Hong Kong SAR, China (%) | 46.3 2025 | yearly | 2003 - 2025 |
| Hungary (%) | 75.1 Sep 2025 | quarterly | Dec 1990 - Sep 2025 |
| Iceland (%) | 60.3 2024 | yearly | 1998 - 2024 |
| India (%) | 56.5 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Indonesia (%) | 39.2 Dec 2024 | quarterly | Jun 2015 - Dec 2024 |
| Iran (%) | 7.8 Mar 2025 | quarterly | Mar 1998 - Mar 2025 |
| Ireland (%) | 32.8 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Israel (%) | 66.5 2024 | yearly | 1995 - 2024 |
| Italy (%) | 137.8 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
| Japan (%) | 203.0 Sep 2025 | quarterly | Jun 1982 - Sep 2025 |
| Jordan (%) | 83.2 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Kazakhstan (%) | 23.0 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Kenya (%) | 68.9 Sep 2025 | quarterly | Dec 2009 - Sep 2025 |
| South Korea (%) | 47.0 Jun 2025 | quarterly | Sep 2002 - Jun 2025 |
| Kosovo (%) | 19.9 2022 | yearly | 2009 - 2022 |
| Kuwait (%) | 1.1 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Kyrgyzstan (%) | 43.2 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Latvia (%) | 45.2 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Lebanon (%) | 23.6 2022 | yearly | 1998 - 2022 |
| Lithuania (%) | 39.1 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Luxembourg (%) | 25.1 Jun 2025 | quarterly | Dec 1997 - Jun 2025 |
| North Macedonia (%) | 53.4 Jun 2025 | quarterly | Dec 2009 - Jun 2025 |
| Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
| Malaysia (%) | 66.1 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Malta (%) | 46.5 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Mauritius (%) | 80.5 Dec 2025 | quarterly | Jun 2003 - Dec 2025 |
| Mexico (%) | 60.2 Sep 2025 | quarterly | Dec 2005 - Sep 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 (%) | 42.4 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| New Zealand (%) | 48.5 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Nigeria (%) | 37.5 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Norway (%) | 53.3 2024 | yearly | 1995 - 2024 |
| Oman (%) | 35.4 2024 | yearly | 1990 - 2024 |
| Pakistan (%) | 68.3 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 110.9 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Panama (%) | 63.7 Jun 2025 | quarterly | Dec 2007 - Jun 2025 |
| Paraguay (%) | 35.5 Sep 2025 | quarterly | Dec 2014 - Sep 2025 |
| Peru (%) | 31.0 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Philippines (%) | 63.2 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Poland (%) | 58.1 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Portugal (%) | 89.7 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
| Romania (%) | 58.8 Sep 2025 | quarterly | Dec 2011 - Sep 2025 |
| Russia (%) | 15.2 Sep 2025 | quarterly | Dec 2011 - Sep 2025 |
| Saudi Arabia (%) | 30.8 Sep 2025 | quarterly | Dec 2016 - Sep 2025 |
| Serbia (%) | 43.7 Sep 2025 | quarterly | Sep 2004 - Sep 2025 |
| Singapore (%) | 173.4 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
| Slovakia (%) | 62.9 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Slovenia (%) | 69.3 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| South Africa (%) | 78.9 Sep 2025 | quarterly | Dec 1960 - Sep 2025 |
| Spain (%) | 103.2 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Sri Lanka (%) | 93.0 Sep 2025 | quarterly | Mar 2014 - Sep 2025 |
| Sweden (%) | 33.3 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Switzerland (%) | 22.2 2029 | yearly | 1990 - 2029 |
| Taiwan, China (%) | 29.0 2023 | yearly | 1996 - 2023 |
| Tajikistan (%) | 36.3 2021 | yearly | 1999 - 2021 |
| Thailand (%) | 58.3 Sep 2025 | quarterly | Dec 1997 - Sep 2025 |
| Tunisia (%) | 81.2 2024 | yearly | 2016 - 2024 |
| Turkey (%) | 24.5 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| Ukraine (%) | 90.3 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.9 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -8,071.951 Dec 2025 | monthly | Jan 2014 - Dec 2025 |
| Tax Revenue (USD mn) | 18,803.253 Dec 2025 | monthly | Jan 2014 - Dec 2025 |
| Tax Revenue: % of GDP (%) | 11.4 Dec 2025 | quarterly | Mar 2014 - Dec 2025 |
| National Government Debt (USD mn) | 547,950.7 Jan 2025 | monthly | Jun 2009 - Jan 2025 |
| Government Debt: % of GDP (%) | 39.2 Dec 2024 | quarterly | Jun 2015 - Dec 2024 |
| Forecast: Government Expenditure (IDR bn) | 5,840,630.486 2030 | yearly | 1993 - 2030 |
| Forecast: Government Net Debt (IDR bn) | 14,280,134.087 2030 | yearly | 2000 - 2030 |
| Forecast: Government Revenue (IDR bn) | 4,914,924.869 2030 | yearly | 1981 - 2030 |
| Central Government Operation: Total Expenditures (IDR bn) | 539,611.729 Dec 2025 | monthly | Apr 1999 - Dec 2025 |
| Central Government Operation: Financing (IDR bn) | 170,541.987 Dec 2025 | monthly | Apr 1999 - Dec 2025 |
| Central Government Operation: Total Revenue (IDR bn) | 404,813.973 Dec 2025 | monthly | Apr 1999 - Dec 2025 |
| Central Government Operation: Overall Balance (IDR bn) | -134,797.756 Dec 2025 | monthly | Apr 1999 - Dec 2025 |
| Government Budget Deficit or Surplus: Budget (IDR bn) | -689,147.903 2026 | yearly | 2001 - 2026 |
| Govt Revenue: Budget: Domestic: Tax: DT: Excises Duties (IDR bn) | 243,533.740 2026 | yearly | 2001 - 2026 |
| Govt Revenue: Budget: Domestic: Tax: DT: Value Added Tax (IDR bn) | 995,277.405 2026 | yearly | 2001 - 2026 |
| DJ ANGGARAN Forecast: Govt Expenditure (Exp): BDG (IDR bn) | 2,461,112.052 2019 | yearly | 2001 - 2019 |
| DJ ANGGARAN Forecast: Govt Revenue & Grant (Rev): Budget (BDG) (IDR bn) | 2,165,111.816 2019 | yearly | 2001 - 2019 |
| DJ ANGGARAN Forecast: Govt Rev: BDG: Domestic: Tax (IDR bn) | 1,786,378.650 2019 | yearly | 2001 - 2019 |
| MA: Budget: 10-years SBN (%) | 7.290 2021 | yearly | 2021 - 2021 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 6.805 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 2,512.7 Dec 2025 | monthly | Jan 1967 - Dec 2025 |
| Total Exports (USD mn) | 26,346.8 Dec 2025 | monthly | Oct 1983 - Dec 2025 |
| Total Exports Growth (%) | 11.6 Dec 2025 | monthly | Oct 1984 - Dec 2025 |
| 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) | 23,834.1 Dec 2025 | monthly | Jan 2008 - Dec 2025 |
| Total Imports Growth (%) | 10.8 Dec 2025 | monthly | Jan 2009 - Dec 2025 |
| 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) | 2,823.357 Dec 2025 | monthly | Jan 1971 - Dec 2025 |
| Total Imports from USA (USD mn) | 1,251.445 Dec 2025 | monthly | Jul 1982 - Dec 2025 |
| Total Exports to China (USD mn) | 6,740.293 Dec 2025 | monthly | Nov 1982 - Dec 2025 |
| Total Imports from China (USD mn) | 9,495.649 Dec 2025 | monthly | Mar 1988 - Dec 2025 |
| Exports: Machinery & Transportation Equipments (USD mn) | 3,475.607 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| Exports: Mineral Fuels, Lubricants, Etc (USD mn) | 3,706.404 Oct 2025 | monthly | Jan 2012 - Oct 2025 |
| Exports: Beverages and Tobacco (USD mn) | 173.140 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| Imports: Machinery and Transport Equipments (USD mn) | 7,042.665 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| Imports: Chemical (USD mn) | 2,455.721 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| Imports: Mineral Fuels, Lubricants and etc (USD mn) | 3,127.627 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| Imports: Beverages and Tobacco (USD mn) | 146.773 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| 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 Unit Value Index (2018=100) | 141.950 Dec 2024 | monthly | Jan 2021 - Dec 2024 |
| Export Value Index (2015=100) | 152.860 2021 | yearly | 2003 - 2021 |
| Import Value Index (2015=100) | 137.385 2021 | yearly | 2003 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.3 Aug 2025 | monthly | Jan 2003 - Aug 2025 |
| Household Debt: % of GDP (%) | 15.0 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Non-Performing Loans (USD mn) | 11,028.371 Nov 2025 | monthly | Jan 2003 - Nov 2025 |
| Money Supply M1 (USD mn) | 201,816.384 Dec 2025 | monthly | Feb 1968 - Dec 2025 |
| Money Supply M2 (USD mn) | 603,807.616 Dec 2025 | monthly | Feb 1968 - Dec 2025 |
| M2 Growth (%) | 9.6 Dec 2025 | monthly | Feb 1969 - Dec 2025 |
| Reserve Requirement Ratio (%) | 9.0 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Foreign Exchange Reserves (USD mn) | 131,360.2 Jan 2026 | monthly | Apr 2000 - Jan 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 9.000 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.7 Dec 2025 | monthly | Jan 2008 - Dec 2025 |
| Gold Reserves (USD mn) | 11,932.320 Dec 2025 | monthly | Jun 1964 - Dec 2025 |
| Total Deposits (USD mn) | 529,757.179 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Total Deposits Growth (%) | 9.9 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| Domestic Credit (USD mn) | 585,056.5 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Domestic Credit Growth (%) | 9.7 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 4.400 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Credit to Households (USD bn) | 223.539 Jun 2025 | quarterly | Dec 2001 - Jun 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 556.033 Jun 2025 | quarterly | Mar 1976 - Jun 2025 |
| Household Debt (USD mn) | 213,401.2 Dec 2025 | monthly | Jan 2002 - Dec 2025 |
| Total Loans (USD mn) | 503,435.461 Dec 2025 | monthly | Jan 2002 - Dec 2025 |
| Total Loans Growth (%) | 9.33 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Private Debt: % of Nominal GDP (%) | 30.71 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Broad Money (M2): YoY (%) | 9.600 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| 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 (%) | 9.300 Dec 2025 | monthly | Oct 2019 - Dec 2025 |
| Commercial Banks: Non Performing Loan Ratio (%) | 2.180 Nov 2025 | monthly | Jul 2021 - Nov 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Global Competitiveness Index (Score) | 64.629 2019 | yearly | 2017 - 2019 |
| Business Confidence Growth (% Point) | 3.0 Mar 2026 | quarterly | Mar 2011 - Mar 2026 |
| Business Survey (BS): Prompt Manufacturing Index (PMI) (%) | 53.166 Mar 2026 | quarterly | Mar 2010 - Mar 2026 |
| Business Survey (BS): Production Capacity Utilization (PC) (%) | 76.097 Mar 2019 | quarterly | Mar 2004 - Mar 2019 |
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