Indonesia's debt-to-GDP ratio is relatively lower than that of other countries. In a public lecture delivered by Finance Minister Sri Mulyani at Syiah Kuala University, Aceh, she stated that Indonesia's debt-to-GDP ratio in October 2016 was approximately 28 percent. Indonesia's debt ratio is also significantly lower than that of developed countries such as the United Kingdom, Italy, the United States, and Japan.
As of November 2016, Indonesia's government debt totaled Rp 3,501 trillion, comprising Rp 2,761 trillion in government bonds and Rp 740 trillion in loans. Indonesia's GDP at that time was Rp 12,627 trillion.
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