December 15, 2025 | 01:09 pm
TEMPO.CO, Jakarta - Bank Indonesia announced Indonesia's foreign debt position in October 2025 amounted to US$423.9 billion or Rp7,062 trillion (with an exchange rate of Rp16,659 per U.S. dollar on Monday, December 15, 2025). This figure decreased from the previous month's position of US$425.6 billion. Indonesia's foreign debt grew by 0.3 percent annually.
Bank Indonesia's Executive Director of the Communication Department, Ramdan Denny Prakoso, stated that the government's foreign debt position in October remained stable. In October 2025, the government's foreign debt was recorded at US$210.5 billion, showing 4.7 percent year-on-year growth.
"The development of the foreign debt is influenced by the inflow of foreign capital in international government securities, reflecting investors' confidence in Indonesia's positive economic prospects amid increasing global financial market uncertainty," Denny said in an official statement on Monday, December 15, 2025.
In terms of economic sectors, the government's foreign debt is utilized, among others, to support the Health and Social Activities sector (22.2 percent of the total Government Foreign Debt), Government Administration, Defense, and Compulsory Social Security (19.6 percent), Education Services (16.4 percent), Construction (11.7 percent), as well as Transportation and Warehousing (8.6 percent). The government's foreign debt position is dominated by long-term debt, accounting for 99.99 percent of the total government foreign debt.
Meanwhile, private foreign debt has decreased. The private foreign debt position was recorded at US$190.7 billion in October 2025, which was lower than the September 2025 position of US$192.5 billion. Private foreign debt experienced an annual growth contraction of 1.9 percent.
"The decline in the foreign debt position occurred in the financial corporations and non-financial corporations groups," said Denny. The foreign debt of financial corporations decreased by 4.7 percent year over year (YoY), while the foreign debt of non-financial corporations decreased by 1.2 percent YoY.
In terms of economic sectors, the largest share of private foreign debt comes from Manufacturing Industry; Financial Services and Insurance; Electricity and Gas Provision; and Mining & Quarrying, accounting for 80.9 percent of the total private foreign debt.
Indonesia's foreign debt-to-gross domestic product (GDP) ratio was recorded at 29.3 percent in October 2025. The foreign debt is dominated by long-term debt, accounting for 86.2 percent of the total loans. "Indonesia's foreign debt structure remains healthy, supported by the cautious principle in its management," Denny said.
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