BI Assures Indonesia's External Debt Structure Remains Healthy Despite Reaching USD 439.8 Billion

Bank Indonesia (BI) has affirmed that the national external debt structure remains in a healthy condition, supported by the dominance of long-term debt and maintained foreign investor confidence in the Indonesian economy, despite the position nearing USD 440 billion in April 2026. Executive Director of BI’s Communication Department, Ramdan Denny Prakoso, stated that Indonesia’s external debt position in April 2026 reached USD 439.8 billion, or grew 1.9 percent year-on-year (yoy). “Indonesia’s external debt position in April 2026 was recorded at 439.8 billion US dollars, or grew by 1.9 percent (yoy), higher than the growth in March 2026 of 1.0 percent (yoy),” Ramdan said in a written statement on Tuesday, 16 June 2026. According to BI, the increase was mainly influenced by the growth of public sector debt, while private sector external debt continued to contract, albeit showing signs of improvement. “This development was influenced by the growth of public sector external debt amid the ongoing contraction of private sector external debt,” he said. On the government side, the external debt position was recorded at USD 216.4 billion in April 2026, growing 3.7 percent year-on-year. Although still increasing, the growth rate slowed slightly compared to the previous month’s 3.8 percent. “The government’s external debt position in April 2026 was 216.4 billion US dollars, or grew 3.7 percent (yoy), lower than the growth in March 2026 of 3.8 percent (yoy),” Ramdan explained. BI noted that the deceleration was influenced by slowing growth in government external loans. However, foreign investor interest in Indonesian financial instruments remained strong. “Meanwhile, foreign capital inflows into Government Securities (SBN) continued to record a net inflow, reflecting maintained investor confidence in the prospects of the Indonesian economy,” he said. The government, Ramdan continued, continues to direct the use of external debt to finance productive sectors that have a direct impact on development and public welfare. “As a component of the State Budget (APBN) financing instruments, the utilisation of external debt is continuously directed to support the financing of productive sectors while paying attention to the sustainability aspects of external debt management,” he said.