Total debt service in Indonesia
Indonesia: Total debt service was 24.7% in 2024. ▼ Falling
Total debt service in Indonesia, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for total debt service in Indonesia is 24.7%, measured in 2024.
That represents a change of up 21.7% on the previous year and down 17.5% over ten years.
Over the whole period, total debt service in Indonesia peaked at 40.4% in 1988 and was at its lowest, 14.0%, in 1981.
That places Indonesia 25th out of 120 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 44 years of available data.
Total debt service in Indonesia, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1981 | 14.0% | — |
| 1982 | 18.1% | +29.1% |
| 1983 | 18.8% | +3.9% |
| 1984 | 21.9% | +16.2% |
| 1985 | 28.9% | +32.2% |
| 1986 | 37.5% | +29.6% |
| 1987 | 37.2% | -0.8% |
| 1988 | 40.4% | +8.8% |
| 1989 | 38.7% | -4.3% |
| 1990 | 33.5% | -13.5% |
| 1991 | 34.4% | +2.7% |
| 1992 | 32.8% | -4.7% |
| 1993 | 33.9% | +3.3% |
| 1994 | 31.0% | -8.6% |
| 1995 | 30.3% | -2.2% |
| 1996 | 37.1% | +22.7% |
| 1997 | 30.3% | -18.4% |
| 1998 | 32.3% | +6.4% |
| 1999 | 30.6% | -5.1% |
| 2000 | 22.8% | -25.4% |
| 2001 | 24.0% | +4.9% |
| 2002 | 25.2% | +5.3% |
| 2003 | 26.3% | +4.4% |
| 2004 | 25.5% | -3.3% |
| 2005 | 20.9% | -17.9% |
| 2006 | 25.7% | +23.2% |
| 2007 | 19.1% | -26.0% |
| 2008 | 14.5% | -24.0% |
| 2009 | 19.6% | +35.1% |
| 2010 | 18.7% | -4.3% |
| 2011 | 14.4% | -23.0% |
| 2012 | 17.4% | +20.9% |
| 2013 | 20.0% | +14.5% |
| 2014 | 29.9% | +49.8% |
| 2015 | 34.6% | +15.7% |
| 2016 | 37.5% | +8.3% |
| 2017 | 29.4% | -21.5% |
| 2018 | 25.1% | -14.6% |
| 2019 | 39.5% | +57.1% |
| 2020 | 36.8% | -6.8% |
| 2021 | 26.2% | -28.8% |
| 2022 | 23.3% | -11.0% |
| 2023 | 20.3% | -13.0% |
| 2024 | 24.7% | +21.7% |
Indonesia compared with similar countries
- Indonesia's 24.7% is above the median for upper middle income countries, which is 14.4%, 1.7× the median. (51 countries reporting)
- Indonesia's 24.7% is above the median for East Asia & Pacific, which is 9.3%, 2.7× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 28.4% | 14.0% | 40.4% | 9 |
| 1990s | 32.6% | 30.3% | 37.1% | 10 |
| 2000s | 22.4% | 14.5% | 26.3% | 10 |
| 2010s | 26.7% | 14.4% | 39.5% | 10 |
| 2020s | 26.3% | 20.3% | 36.8% | 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)
- 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 total debt service in Indonesia?
- Total debt service in Indonesia was 24.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Indonesia?
- The highest recorded value was 40.4% in 1988.
- What is the lowest total debt service recorded in Indonesia?
- The lowest recorded value was 14.0% in 1981.
- How does Indonesia rank for total debt service?
- Indonesia ranks 25th out of 120 countries with data for 2024.
- Is total debt service rising or falling in Indonesia?
- Over the last ten years it is down 17.5%. 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 Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.