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Indonesia's external debt (ULN) in the first quarter of 2019 reached Rp 5,608.18 trillion. This is equivalent to US$ 387.6 billion at an exchange rate of Rp 14,469 per US dollar. The growth of Indonesia's ULN in the first quarter of 2019 reached 7.9% compared to the same period in 2018. This was due to net ULN disbursement transactions and the strengthening of the rupiah against the US dollar.
According to Bank Indonesia (BI), Indonesia's ULN consists of government and central bank debt amounting to US$ 190.5 billion, and private debt (including SOEs) amounting to US$ 197.1 billion. Private ULN is dominated by the financial and insurance sector, the manufacturing sector, the electricity, gas, steam, and air conditioning (LGA) sector, and the mining and quarrying sector. The share of ULN in these four sectors to the total private ULN reached 75.2%.
(Read Databoks: [Government Debt in 2019 Will Reach Rp 5,269 Trillion](https://databoks.katadata.co.id/datapublish/2018/12/06/utang-pemerintah-2019-bakal-mencapai-5269-triliun))
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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