Bank Indonesia (BI) reported that Indonesia's foreign debt position (ULN) in April 2026 was recorded at US$439.8 billion.

The Executive Director of the Communication Department, Ramdan Denny Prakoso, said that Indonesia's foreign debt position in April 2026 remained stable.

However, on an annual basis, ULN Indonesia in April 2026 grew by 1.9 percent (yoy), higher than the growth in March 2026 of 1.0 percent (yoy).

"This development is influenced by the growth of the public sector ULN in the midst of the continued contraction of the private sector ULN," he said in a statement, Monday, June 15.

Denny added that the government's ULN position in April 2026 was US$ 216.4 billion, or grew annually by 3.7 percent (yoy), lower than the growth in March 2026 of 3.8 percent (yoy).

"The development of the government's ULN is mainly influenced by the position of foreign loans which has slowed down," he said.

Meanwhile, he added that foreign capital inflows on the State Securities (SBN) continued to record net inflows reflecting investor confidence in Indonesia's economic prospects.

He added that as one of the components of the State Budget (APBN) financing instrument, the utilization of ULN continues to be directed to support the financing of the productive sector while paying attention to the aspect of sustainability of ULN management.

Based on the economic sector, the government's ULN is used to support the Health Services and Social Activities Sector (22.0 percent of the total government ULN); Government Administration, Defense, and Mandatory Social Security (20.5 percent); Education Services (16.2 percent); Construction (11.5 percent); and Transportation and Warehousing (8.5 percent).

"The government's ULN position is dominated by long-term debt with a share of 99.99 percent of the total government ULN," he said.

In addition, the private ULN position in April 2026 was recorded at US$ 193.2 billion, or an annual contraction of 0.7 percent (yoy), lower than the contraction of the previous month of 1.4 percent (yoy).

He added that this development was mainly driven by the ULN of the borrower group of financial institutions (financial corporations) which recorded a contraction of 5.0 percent (yoy), lower than the contraction in March 2026 of 6.3 percent (yoy).

Based on the economic sector, the largest private ULN comes from the Processing Industry Sector; Financial Services and Insurance; Electricity and Gas Procurement; and Mining and Quarrying, with a share of 79.6 percent of the total private ULN.

"Private ULNs are still dominated by long-term debt with a share of 75.8 percent of total private ULNs," he said.

However, Denny said that the structure of ULN Indonesia remained healthy, supported by the application of the principle of prudence in its management.

According to him, this is reflected in Indonesia's ULN ratio to Gross Domestic Product (GDP) which is stable at 29.6 percent in April 2026 and is dominated by long-term ULNs with a share of 84.5 percent of total ULNs.

He said that in order to keep the ULN structure healthy, Bank Indonesia and the Government continue to strengthen coordination in monitoring the development of ULN.

"Indonesia will continue to optimize the role of ULN to support financing for development and encourage sustainable national economic growth. These efforts are carried out by minimizing risks that can affect economic stability," he explained.


The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)

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