Short-term debt in Indonesia
Indonesia: Short-term debt was 15.5% in 2024. ▲ Rising
Short-term debt in Indonesia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Indonesia stood at 15.5%.
Compared with earlier readings it is up 22.5% on the previous year and down 1.5% over ten years.
Over the whole period, short-term debt in Indonesia peaked at 25.0% in 1996 and was at its lowest, 7.8%, in 2005.
That places Indonesia 35th out of 121 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.
Short-term debt in Indonesia, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 10.1% | — |
| 1971 | 10.1% | -0.4% |
| 1972 | 10.0% | -0.5% |
| 1973 | 9.9% | -1.3% |
| 1974 | 9.9% | +0.0% |
| 1975 | 9.9% | -0.1% |
| 1976 | 9.9% | +0.0% |
| 1977 | 11.7% | +18.4% |
| 1978 | 9.9% | -15.3% |
| 1979 | 11.3% | +14.4% |
| 1980 | 13.3% | +17.1% |
| 1981 | 14.4% | +8.5% |
| 1982 | 14.4% | +0.0% |
| 1983 | 15.3% | +6.7% |
| 1984 | 16.9% | +10.0% |
| 1985 | 16.5% | -2.4% |
| 1986 | 15.1% | -8.5% |
| 1987 | 12.1% | -19.6% |
| 1988 | 12.4% | +2.8% |
| 1989 | 13.4% | +7.9% |
| 1990 | 15.9% | +18.7% |
| 1991 | 18.0% | +12.9% |
| 1992 | 20.5% | +14.0% |
| 1993 | 20.2% | -1.7% |
| 1994 | 18.0% | -10.6% |
| 1995 | 20.9% | +15.7% |
| 1996 | 25.0% | +19.7% |
| 1997 | 24.1% | -3.5% |
| 1998 | 13.3% | -44.9% |
| 1999 | 13.2% | -0.6% |
| 2000 | 15.1% | +14.1% |
| 2001 | 15.1% | +0.3% |
| 2002 | 13.7% | -9.1% |
| 2003 | 14.5% | +5.6% |
| 2004 | 16.0% | +10.1% |
| 2005 | 7.8% | -51.4% |
| 2006 | 9.0% | +15.8% |
| 2007 | 12.6% | +40.6% |
| 2008 | 13.0% | +2.8% |
| 2009 | 13.4% | +3.3% |
| 2010 | 16.7% | +24.3% |
| 2011 | 17.4% | +4.3% |
| 2012 | 17.5% | +0.8% |
| 2013 | 17.5% | -0.2% |
| 2014 | 15.7% | -10.2% |
| 2015 | 12.5% | -20.5% |
| 2016 | 12.8% | +2.1% |
| 2017 | 13.2% | +3.6% |
| 2018 | 12.6% | -4.4% |
| 2019 | 11.1% | -11.8% |
| 2020 | 10.7% | -4.2% |
| 2021 | 11.3% | +6.2% |
| 2022 | 12.1% | +7.1% |
| 2023 | 12.6% | +4.1% |
| 2024 | 15.5% | +22.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.3% | 9.9% | 11.7% | 10 |
| 1980s | 14.4% | 12.1% | 16.9% | 10 |
| 1990s | 18.9% | 13.2% | 25.0% | 10 |
| 2000s | 13.0% | 7.8% | 16.0% | 10 |
| 2010s | 14.7% | 11.1% | 17.5% | 10 |
| 2020s | 12.4% | 10.7% | 15.5% | 5 |
Countries ranked near Indonesia
More external debt data for Indonesia
- IFC, private nonguaranteed -877,985 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.0031 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 70.73 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.8% (2024)
- Net financial flows, IDA -178.46 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.6295 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -61.84 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 12.2% (2024)
Frequently asked questions
- What is short-term debt in Indonesia?
- Short-term debt in Indonesia was 15.5% 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 25.0% in 1996.
- What is the lowest short-term debt recorded in Indonesia?
- The lowest recorded value was 7.8% in 2005.
- How does Indonesia rank for short-term debt?
- Indonesia ranks 35th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Indonesia?
- Over the last ten years it is down 1.5%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.