Indonesia's External Debt Rises to Rp 7,762.4 Trillion in April
Bank Indonesia (BI) recorded Indonesia’s external debt (ULN) at US$439.8 billion in April, equivalent to Rp 7,762.4 trillion (assuming a current rupiah exchange rate of 17,650 per US dollar). The figure rose slightly compared to the previous month’s position of US$433.9 billion, or approximately Rp 7,658.3 trillion.
On an annual basis (yoy), April’s external debt grew by 1.9 percent, higher than the 1 percent growth recorded in March 2026. “The development of the external debt position was influenced by both public and private sector external debt,” said Ramdan Denny Prakoso, Executive Director of BI’s Communication Department, in an official statement on Monday, 15 June 2026.
Government external debt grew at a slower pace in April. The government’s external debt position in April 2026 stood at US$216.4 billion, growing 3.7 percent year-on-year, lower than the 3.8 percent growth in March 2026. The central bank noted that the development of government external debt was mainly influenced by a slowdown in the growth of foreign loan positions. “Meanwhile, foreign capital inflows into Government Securities (SBN) continued to record a net inflow, reflecting sustained investor confidence in Indonesia’s economic prospects.”
Private external debt continued its contraction. The private sector’s external debt position in April 2026 reached US$193.2 billion, experiencing a year-on-year growth contraction of 0.7 percent. However, this contraction was lower than the previous month’s contraction of 1.4 percent. This development was primarily driven by external debt from financial corporations, which recorded a year-on-year contraction of 5.0 percent, lower than the 6.3 percent contraction in March 2026.
According to BI, Indonesia’s external debt structure remains healthy, supported by the application of prudential principles in its management. This is reflected in the external debt-to-Gross Domestic Product (GDP) ratio, which remained stable at 29.6 percent in April 2026. Long-term debt dominated the structure, accounting for 84.5 percent of the total.