Total debt service in Indonesia
Indonesia: Total debt service was 5.6% in 2024. ▲ Rising
Total debt service in Indonesia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Indonesia recorded 5.6% for total debt service in 2024.
Compared with earlier readings it is up 24.1% on the previous year and down 19.2% over ten years.
Over the whole period, total debt service in Indonesia peaked at 20.3% in 1998 and was at its lowest, 1.9%, in 1970.
That places Indonesia 41st out of 122 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Total debt service in Indonesia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 1.9% | — |
| 1971 | 2.6% | +37.5% |
| 1972 | 3.0% | +18.4% |
| 1973 | 3.5% | +15.1% |
| 1974 | 3.0% | -13.9% |
| 1975 | 3.6% | +20.6% |
| 1976 | 3.7% | +1.6% |
| 1977 | 4.7% | +25.9% |
| 1978 | 5.7% | +22.9% |
| 1979 | 6.3% | +9.2% |
| 1980 | 4.5% | -28.8% |
| 1981 | 4.2% | -4.9% |
| 1982 | 4.4% | +4.4% |
| 1983 | 4.8% | +9.4% |
| 1984 | 6.0% | +24.0% |
| 1985 | 7.1% | +18.7% |
| 1986 | 7.8% | +9.6% |
| 1987 | 9.7% | +24.2% |
| 1988 | 10.8% | +11.2% |
| 1989 | 10.9% | +1.5% |
| 1990 | 9.9% | -9.9% |
| 1991 | 10.3% | +4.9% |
| 1992 | 10.2% | -1.1% |
| 1993 | 9.3% | -9.3% |
| 1994 | 8.3% | -10.6% |
| 1995 | 8.4% | +1.0% |
| 1996 | 9.7% | +16.3% |
| 1997 | 9.4% | -3.2% |
| 1998 | 20.3% | +115.7% |
| 1999 | 13.7% | -32.8% |
| 2000 | 10.8% | -20.7% |
| 2001 | 10.1% | -7.2% |
| 2002 | 8.9% | -11.3% |
| 2003 | 8.2% | -7.9% |
| 2004 | 8.4% | +2.2% |
| 2005 | 7.5% | -11.2% |
| 2006 | 8.1% | +8.8% |
| 2007 | 5.8% | -28.7% |
| 2008 | 4.4% | -23.8% |
| 2009 | 4.8% | +8.6% |
| 2010 | 4.3% | -10.2% |
| 2011 | 3.6% | -16.7% |
| 2012 | 4.2% | +16.7% |
| 2013 | 4.7% | +12.2% |
| 2014 | 7.0% | +49.1% |
| 2015 | 7.2% | +3.7% |
| 2016 | 7.1% | -1.4% |
| 2017 | 6.0% | -16.2% |
| 2018 | 5.5% | -8.0% |
| 2019 | 7.5% | +37.3% |
| 2020 | 6.6% | -13.0% |
| 2021 | 5.8% | -12.3% |
| 2022 | 5.9% | +2.0% |
| 2023 | 4.5% | -22.6% |
| 2024 | 5.6% | +24.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.8% | 1.9% | 6.3% | 10 |
| 1980s | 7.0% | 4.2% | 10.9% | 10 |
| 1990s | 10.9% | 8.3% | 20.3% | 10 |
| 2000s | 7.7% | 4.4% | 10.8% | 10 |
| 2010s | 5.7% | 3.6% | 7.5% | 10 |
| 2020s | 5.7% | 4.5% | 6.6% | 5 |
Countries ranked near Indonesia
- 38 Azerbaijan 5.8% compare
- 39 South Africa 5.7% compare
- 40 Cape Verde 5.7% compare
- 42 Morocco 5.6% compare
- 43 Gabon 5.6% compare
- 44 Dominican Republic 5.6% 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)
- 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 total debt service in Indonesia?
- Total debt service in Indonesia was 5.6% 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 20.3% in 1998.
- What is the lowest total debt service recorded in Indonesia?
- The lowest recorded value was 1.9% in 1970.
- How does Indonesia rank for total debt service?
- Indonesia ranks 41st out of 122 countries with data for 2024.
- Is total debt service rising or falling in Indonesia?
- Over the last ten years it is down 19.2%. The long-run trend across the full record is rising.
- 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 GNI). Statizoid updates them automatically from the source API.
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About this data
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.