External debt stocks in Indonesia
Indonesia: External debt stocks was 31.0% in 2024. ▼ Falling
External debt stocks in Indonesia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Indonesia recorded 31.0% for external debt stocks in 2024.
Compared with earlier readings it is up 3.5% on the previous year and down 8.9% over ten years.
Over the whole period, external debt stocks in Indonesia peaked at 168.2% in 1998 and was at its lowest, 25.3%, in 2011.
Indonesia ranks 92nd of 122 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
External debt stocks in Indonesia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 38.1% | — |
| 1971 | 51.1% | +34.2% |
| 1972 | 54.8% | +7.2% |
| 1973 | 46.4% | -15.4% |
| 1974 | 37.0% | -20.1% |
| 1975 | 39.5% | +6.6% |
| 1976 | 38.7% | -2.0% |
| 1977 | 37.3% | -3.6% |
| 1978 | 36.5% | -2.2% |
| 1979 | 38.0% | +4.2% |
| 1980 | 30.2% | -20.5% |
| 1981 | 27.6% | -8.7% |
| 1982 | 28.8% | +4.4% |
| 1983 | 39.1% | +35.6% |
| 1984 | 39.6% | +1.4% |
| 1985 | 44.9% | +13.3% |
| 1986 | 56.0% | +24.6% |
| 1987 | 72.7% | +29.9% |
| 1988 | 67.4% | -7.3% |
| 1989 | 66.1% | -2.0% |
| 1990 | 69.2% | +4.8% |
| 1991 | 71.6% | +3.5% |
| 1992 | 72.2% | +0.8% |
| 1993 | 58.7% | -18.7% |
| 1994 | 62.6% | +6.8% |
| 1995 | 63.4% | +1.2% |
| 1996 | 58.3% | -8.1% |
| 1997 | 65.1% | +11.7% |
| 1998 | 168.2% | +158.4% |
| 1999 | 117.4% | -30.2% |
| 2000 | 93.5% | -20.3% |
| 2001 | 85.9% | -8.1% |
| 2002 | 67.7% | -21.2% |
| 2003 | 59.5% | -12.0% |
| 2004 | 56.3% | -5.4% |
| 2005 | 52.3% | -7.2% |
| 2006 | 39.0% | -25.5% |
| 2007 | 35.7% | -8.4% |
| 2008 | 32.1% | -10.0% |
| 2009 | 34.5% | +7.4% |
| 2010 | 27.0% | -21.7% |
| 2011 | 25.3% | -6.2% |
| 2012 | 28.3% | +12.0% |
| 2013 | 29.8% | +5.2% |
| 2014 | 34.0% | +14.1% |
| 2015 | 37.0% | +8.8% |
| 2016 | 35.4% | -4.4% |
| 2017 | 36.0% | +1.7% |
| 2018 | 37.6% | +4.4% |
| 2019 | 37.1% | -1.3% |
| 2020 | 40.5% | +9.2% |
| 2021 | 36.2% | -10.6% |
| 2022 | 30.9% | -14.8% |
| 2023 | 29.9% | -3.0% |
| 2024 | 31.0% | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 41.7% | 36.5% | 54.8% | 10 |
| 1980s | 47.2% | 27.6% | 72.7% | 10 |
| 1990s | 80.7% | 58.3% | 168.2% | 10 |
| 2000s | 55.6% | 32.1% | 93.5% | 10 |
| 2010s | 32.7% | 25.3% | 37.6% | 10 |
| 2020s | 33.7% | 29.9% | 40.5% | 5 |
Countries ranked near Indonesia
More economy & growth data for Indonesia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.07 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.1907 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 964.62 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 3,142 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 15.89 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1781 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 901.29 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 9.65 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.93 % change on previous year (2025)
Frequently asked questions
- What is external debt stocks in Indonesia?
- External debt stocks in Indonesia was 31.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Indonesia?
- The highest recorded value was 168.2% in 1998.
- What is the lowest external debt stocks recorded in Indonesia?
- The lowest recorded value was 25.3% in 2011.
- How does Indonesia rank for external debt stocks?
- Indonesia ranks 92nd out of 122 countries with data for 2024.
- Is external debt stocks rising or falling in Indonesia?
- Over the last ten years it is down 8.9%. The long-run trend across the full record is falling.
- Where does this Indonesia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.