Indonesia’s external debt was managed with a healthy structure at the end of April 2020. The external debt was recorded at USD400.2 billion, consisted of public debt (government and central bank) of US$192.4 billion, as well private debt (including state-owned enterprises) of US$207.8 billion. Indonesia’s external debt grew 2.9% (yoy), higher than 0.6% (yoy) in the previous month, stemming from higher growth of government external debt, amid slower growth of private external debt.
Indonesia’s external debt maintained a healthy structure supported by the prudential principle application in its management. Indonesia’s external debt to Gross Domestic Product (GDP) ratio in April 2020 at 36.5%, slightly increased from 34.6% in the previous month. In addition, the debt structure remained dominated by long-term debt, accounted for 88.9% of the total external debt.
