Short-term debt in Indonesia
Indonesia: Short-term debt was 20.9% in 2024. ▼ Falling
Short-term debt in Indonesia, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Indonesia recorded 20.9% for short-term debt in 2024.
The figure is up 23.7% on the previous year and down 8.8% over ten years.
Over the whole period, short-term debt in Indonesia peaked at 55.6% in 1996 and was at its lowest, 11.1%, in 2006.
Indonesia ranks 35th of 119 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Short-term debt in Indonesia, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1981 | 13.2% | — |
| 1982 | 17.0% | +29.2% |
| 1983 | 23.4% | +37.4% |
| 1984 | 24.4% | +4.5% |
| 1985 | 30.0% | +23.0% |
| 1986 | 40.5% | +34.8% |
| 1987 | 33.8% | -16.6% |
| 1988 | 31.5% | -6.8% |
| 1989 | 31.4% | -0.3% |
| 1990 | 37.5% | +19.4% |
| 1991 | 42.9% | +14.4% |
| 1992 | 47.5% | +10.8% |
| 1993 | 43.2% | -9.0% |
| 1994 | 42.2% | -2.3% |
| 1995 | 47.9% | +13.4% |
| 1996 | 55.6% | +16.1% |
| 1997 | 50.5% | -9.1% |
| 1998 | 35.4% | -29.8% |
| 1999 | 34.7% | -2.1% |
| 2000 | 29.7% | -14.5% |
| 2001 | 30.9% | +4.0% |
| 2002 | 26.3% | -15.0% |
| 2003 | 27.6% | +5.3% |
| 2004 | 27.3% | -1.4% |
| 2005 | 11.4% | -58.3% |
| 2006 | 11.1% | -2.3% |
| 2007 | 14.8% | +33.7% |
| 2008 | 13.7% | -7.7% |
| 2009 | 18.9% | +38.0% |
| 2010 | 19.6% | +3.7% |
| 2011 | 17.7% | -9.7% |
| 2012 | 20.7% | +17.0% |
| 2013 | 22.2% | +7.2% |
| 2014 | 22.9% | +3.0% |
| 2015 | 22.1% | -3.5% |
| 2016 | 23.7% | +7.3% |
| 2017 | 23.4% | -1.2% |
| 2018 | 21.7% | -7.3% |
| 2019 | 21.6% | -0.4% |
| 2020 | 24.2% | +12.2% |
| 2021 | 18.7% | -22.9% |
| 2022 | 14.9% | -20.4% |
| 2023 | 16.9% | +13.5% |
| 2024 | 20.9% | +23.7% |
Indonesia compared with similar countries
- Indonesia's 20.9% is above the median for upper middle income countries, which is 17.7%, 1.2× the median. (51 countries reporting)
- Indonesia's 20.9% is above the median for East Asia & Pacific, which is 11.5%, 1.8× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 27.2% | 13.2% | 40.5% | 9 |
| 1990s | 43.7% | 34.7% | 55.6% | 10 |
| 2000s | 21.2% | 11.1% | 30.9% | 10 |
| 2010s | 21.6% | 17.7% | 23.7% | 10 |
| 2020s | 19.1% | 14.9% | 24.2% | 5 |
Countries ranked near Indonesia
- 32 Bosnia and Herzegovina 22.9% compare
- 33 El Salvador 22.4% compare
- 34 Zambia 21.7% compare
- 36 Tanzania 20.8% compare
- 37 Kazakhstan 20.5% compare
- 38 Brazil 19.7% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 7.93 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0055 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 27.75 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 22.28 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -8.21 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0154 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 77.99 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 0.5363 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Indonesia?
- Short-term debt in Indonesia was 20.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Indonesia?
- The highest recorded value was 55.6% in 1996.
- What is the lowest short-term debt recorded in Indonesia?
- The lowest recorded value was 11.1% in 2006.
- How does Indonesia rank for short-term debt?
- Indonesia ranks 35th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Indonesia?
- Over the last ten years it is down 8.8%. 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 Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.