Indonesia's Foreign Debt in July 2026 Remains Maintained

RRI.CO.ID, Jakarta – Indonesia's Foreign Debt (ULN) position in July 2026 remains maintained. Quoted from a written press release by Bank Indonesia on Tuesday, September 15, 2026, Indonesia's ULN position in July 2026 was recorded at US$454.8 billion, relatively stable compared to the position in June 2026 at US$454.5 billion.

Annually, Indonesia's ULN recorded a growth of 4.9% (yoy). This development was mainly influenced by an increase in government ULN amidst a decrease in private ULN. The government's ULN position in July 2026 was recorded at US$218.4 billion, growing by 3.2% (yoy).

The development of the government's ULN was mainly influenced by inflows into international Government Securities (SBN), which reflect investor confidence in the maintained prospects of Indonesia's economy. Based on economic sectors, the government's ULN was utilized, among others, to support the Health Services and Social Activities Sector (22.0% of total government ULN); Government Administration, Defense, and Compulsory Social Security (20.7%); Education Services (16.2%); Construction (11.5%); as well as Transportation and Warehousing (8.5%). The government's ULN position is relatively safe and controlled, considering that almost all government ULN is long-term debt.

Furthermore, the private ULN position in July 2026 was recorded at US$194.5 billion, experiencing a contraction of 1.2% (yoy). Based on economic sectors, the private ULN position mainly originated from the Processing Industry, Financial and Insurance Services, Electricity and Gas Procurement, and Mining and Quarrying Sectors, with a share reaching 80.6% of total private ULN.

Private ULN continues to be dominated by long-term debt.Indonesia's ULN structure remains healthy, supported by the application of prudent principles in its management. This is reflected in the ratio of Indonesia's ULN to Gross Domestic Product (GDP), which was recorded at 30.7% in July 2026 and dominated by long-term ULN.

In order to keep the ULN structure healthy, Bank Indonesia and the government continue to strengthen coordination in monitoring ULN developments. Indonesia will continue to optimize the role of ULN to support development financing and encourage sustainable national economic growth.

Complete data regarding Indonesia's latest ULN and metadata can be viewed in the September 2026 edition of the Indonesian Foreign Debt Statistics (SULNI) publication with the July 2026 data period on the Bank Indonesia website. This publication can also be accessed through the Ministry of Finance website.