Sectors Receiving Foreign Debt Funding

Based on the March 2023 Indonesian External Debt Statistics (SULNI) report, Bank Indonesia (BI) details the flow of foreign debt into several economic sectors.

The sector receiving the largest amount of foreign debt is health services and social activities, totaling US$46.67 billion or Rp695.63 trillion (assuming an exchange rate of Rp14,904 per US$, May 24, 2023).

Second is the government administration, defense, and social security sector, which received loans totaling US$34.65 billion or Rp516.53 trillion.

Education services follow in third place with loans totaling US$32.52 billion or Rp484.8 trillion.

Fourth is construction, with loans totaling US$27.64 billion or Rp411.97 trillion. Fifth is financial and insurance services, totaling US$19.87 billion or Rp296.23 trillion.

Among these sectors, real estate experienced a significant decline. In 2013, it received loans of US$4 million, falling to 0 in 2023. Meanwhile, accommodation and food service providers never received any foreign loans. Note that these figures are still subject to change as calculations are ongoing.

(See also: Government Debt Reaches Rp7.879 Trillion at the End of March 2023, Here's the Breakdown)

The following is a list of Indonesia's foreign debt by economic sector as of March 2023:

* Health services and social activities US$46,674,000,000
* Government administration, defense, and social security US$34,657,000,000
* Education services US$32,528,000,000
* Construction US$27,642,000,000
* Financial and insurance services US$19,876,000,000
* Transportation and warehousing US$11,233,000,000
* Agriculture, forestry, and fisheries US$9,598,000,000
* Water supply, waste management, waste and recycling US$4,945,000,000
* Electricity and gas supply US$3,257,000,000
* Information and communication US$768,000,000
* Mining and quarrying US$382,000,000
* Wholesale and retail trade, repair of motor vehicles and motorcycles US$37,000,000
* Manufacturing US$17,000,000
* Corporate services US$3,000,000
* Accommodation and food service provision -
* Real estate 0
* Other services US$2,398,000,000

(See also: Government Loan Installment and Interest Payments During Jokowi's Era)