Arnoldus Kristianus, Jakarta – Indonesia's government debt stood at Rp 9,138.05 trillion ($551.3 billion) as of June 2025, equivalent to 39.86 percent of the country's gross domestic product (GDP), according to data from the Finance Ministry.

The debt ratio remains well below the legal ceiling of 60 percent of GDP as stipulated in the State Finance Law No. 17/2003, signaling that the nation's fiscal position remains within a safe range.

Of the total debt, Rp 7,980 trillion ($481.5 billion) came from government securities (SBN) and Rp 1,158 trillion ($69.8 billion) from loans.

Finance Ministry's Director General of Debt Management, Suminto, said the government continues to ensure that public debt is managed prudently.

"We understand that the debt-to-GDP ratio is not the only indicator. What matters is how well we manage the debt portfolio," Suminto told reporters at a media gathering in Bogor on Friday.

He explained that the total loan value includes Rp 1,108.17 trillion in foreign loans and Rp 49.01 trillion in domestic loans. The foreign loans comprise Rp 286.02 trillion in bilateral, Rp610.93 trillion in multilateral, and Rp 211.21 trillion in commercial loans.

Meanwhile, the government securities consist of Rp 6,484.12 trillion in rupiah-denominated bonds and Rp 1,496.12 trillion in foreign currency bonds, dominated by the US dollar, euro, Japanese yen, and Australian dollar.

"Around 71 percent of Indonesia's debt is in rupiah, or about Rp 6,554 trillion, while 29 percent is in foreign currencies, mostly in US dollars," Suminto added.

Source: https://jakartaglobe.id/business/indonesias-debt-nears-551-billion-but-stays-well-below-danger-zon