BI: Broad Money Supply M2 Reaches Rp10,089.9 Trillion in February 2026

The position of M2 in February 2026 was recorded at Rp10,089.9 trillion, representing a growth of 8.7% (year-on-year), following 10.0% growth in January 2026.

Jakarta (ANTARA) - Bank Indonesia (BI) recorded positive growth in economic liquidity or broad money supply (M2) in February 2026, amounting to 8.7% (year-on-year/yoy), reaching Rp10,089.9 trillion.

“The position of M2 in February 2026 was recorded at Rp10,089.9 trillion, or growing by 8.7% (yoy), after growing by 10.0% (yoy) in January 2026,” said Executive Director of the BI Communication Department, Ramdan Denny Prakoso, in his statement in Jakarta on Friday.

This development was driven by the growth of narrow money supply (M1) by 14.4% (yoy) and quasi-money by 3.1% (yoy).

The development of M2 in February 2026 was mainly influenced by net claims on the central government (Pempus) and credit disbursements.

Net claims on Pempus grew by 25.6% (yoy), an increase compared to the growth in January 2026 of 22.6% (yoy).

Meanwhile, credit disbursements in February 2026 grew by 8.9% (yoy), continuing the growth from January 2026 of 10.2% (yoy).

In this regard, the credit provided is only in the form of loans, and does not include financial instruments equivalent to loans, such as debt securities, banker’s acceptances, and repo bills.

Additionally, the credit provided does not include credit extended by branches of general banks located abroad, and credit disbursed to the central government and non-residents.

BI also recorded the development of adjusted primary money (M0) which in January 2026 grew by 14.7% (yoy), continuing the growth from the previous month of 16.8% (yoy), thus recorded at Rp2,193 trillion.

This development was influenced by the growth of adjusted current accounts of general banks at Bank Indonesia by 30.1% (yoy) and currency in circulation by 12.4% (yoy).

Based on the factors affecting it, the growth of adjusted M0 has taken into account the impact of liquidity incentive provision (adjusted monetary control).