Indonesia's External Debt Reached US$415.6 Billion in Q1 2021

Indonesia's external debt (ULN) amounted to US$415.6 billion at the end of Q1 2021. This figure represents a 0.4% decrease compared to Q4 2020, which stood at US$417.5 billion. However, it shows a 7% increase compared to the same period last year.

In detail, the government's ULN reached US$203.4 billion in Q1 2021, a 1.4% decrease compared to the previous quarter. Nevertheless, the government's ULN increased by 12.2% compared to Q1 2020.

Meanwhile, the private sector's ULN reached US$208.4 billion by March 2021, a slight increase of 0.6% compared to the previous quarter. Year-on-year, the private sector's ULN grew by 2.3%.

Bank Indonesia assesses that Indonesia's ULN remains manageable, with a ratio to Gross Domestic Product (GDP) of around 39.1%. This ratio decreased from 39.4% in Q4 2020.