Short-term debt in Indonesia

Indonesia: Short-term debt was 20.9% in 2024. ▼ Falling

Latest (2024)
20.9%
Change on year
up 23.7%
World rank
35th
of 119 countries
All-time high
55.6%
in 1996
All-time low
11.1%
in 2006
Years of data
44
1981–2024

Short-term debt in Indonesia, 1981–2024

1020304050601981200220241981: 13.2 % of exports of goods, services and primary income1982: 17 % of exports of goods, services and primary income1983: 23.4 % of exports of goods, services and primary income1984: 24.4 % of exports of goods, services and primary income1985: 30 % of exports of goods, services and primary income1986: 40.5 % of exports of goods, services and primary income1987: 33.8 % of exports of goods, services and primary income1988: 31.5 % of exports of goods, services and primary income1989: 31.4 % of exports of goods, services and primary income1990: 37.5 % of exports of goods, services and primary income1991: 42.9 % of exports of goods, services and primary income1992: 47.5 % of exports of goods, services and primary income1993: 43.2 % of exports of goods, services and primary income1994: 42.2 % of exports of goods, services and primary income1995: 47.9 % of exports of goods, services and primary income1996: 55.6 % of exports of goods, services and primary income1997: 50.5 % of exports of goods, services and primary income1998: 35.4 % of exports of goods, services and primary income1999: 34.7 % of exports of goods, services and primary income2000: 29.7 % of exports of goods, services and primary income2001: 30.9 % of exports of goods, services and primary income2002: 26.3 % of exports of goods, services and primary income2003: 27.6 % of exports of goods, services and primary income2004: 27.3 % of exports of goods, services and primary income2005: 11.4 % of exports of goods, services and primary income2006: 11.1 % of exports of goods, services and primary income2007: 14.8 % of exports of goods, services and primary income2008: 13.7 % of exports of goods, services and primary income2009: 18.9 % of exports of goods, services and primary income2010: 19.6 % of exports of goods, services and primary income2011: 17.7 % of exports of goods, services and primary income2012: 20.7 % of exports of goods, services and primary income2013: 22.2 % of exports of goods, services and primary income2014: 22.9 % of exports of goods, services and primary income2015: 22.1 % of exports of goods, services and primary income2016: 23.7 % of exports of goods, services and primary income2017: 23.4 % of exports of goods, services and primary income2018: 21.7 % of exports of goods, services and primary income2019: 21.6 % of exports of goods, services and primary income2020: 24.2 % of exports of goods, services and primary income2021: 18.7 % of exports of goods, services and primary income2022: 14.9 % of exports of goods, services and primary income2023: 16.9 % of exports of goods, services and primary income2024: 20.9 % of exports of goods, services and primary income

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

Annual values for Short-term debt (% of exports of goods, services and primary income) in Indonesia, 1981 to 2024.
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

DecadeAverage LowestHighest 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

  1. 32 Bosnia and Herzegovina 22.9% compare
  2. 33 El Salvador 22.4% compare
  3. 34 Zambia 21.7% compare
  4. 36 Tanzania 20.8% compare
  5. 37 Kazakhstan 20.5% compare
  6. 38 Brazil 19.7% compare

See the full ranking of 151 places →

More economy & growth data for Indonesia

All data for Indonesia →

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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Short-term debt in Indonesia. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/short-term-debt-percent-of-exports-of-goods-services-and-primary-income/indonesia/

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About this data

Indicator
Short-term debt (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 5,838 data points, 1970–2024
Last refreshed

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.