Indonesia: Short-term debt to reserves

* indicates monthly or quarterly data series
 Indonesia

Short-term external debt, percent of international reserves

 Latest value 44.53
 Year 2024
 Measure percent
 Data availability 1990 - 2024
 Average 69.84
 Min - Max 28.66 - 187.94
 Source The World Bank
 Available for Data download
The latest value from 2024 is 44.53 percent, an increase from 37.31 percent in 2023. In comparison, the world average is 790.72 percent, based on data from 96 countries. Historically, the average for Indonesia from 1990 to 2024 is 69.84 percent. The minimum value, 28.66 percent, was reached in 2006 while the maximum of 187.94 percent was recorded in 1997. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Indonesia: Short-term debt to reserves
 2024 44.53
 2023 37.31
 2022 34.99
 2021 32.66
 2020 32.73
 2019 34.68
 2018 39.75
 2017 35.89




Definition: Debt of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total foreign exchange reserves. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 110.20 2024 percent
 Trade openness 43.39 2025 percent
 Financial openness -0.171 2022 index points
 Exports, percent of GDP 22.85 2025 percent
 Exports, billion dollars 330.28 2025 billion U.S. dollars
 Growth of exports 7.03 2025 percent
 Imports, percent of GDP 20.54 2025 percent
 Imports, billion dollars 297.00 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.54 2025 percent
 Foreign Direct Investment, billion dollars 24.28 2024 billion U.S. dollars
 Portfolio investment inflows, equities -1,588.58 2025 million dollars (current)
 Current account, percent of GDP -0.11 2025 percent
 Current account, in dollars -1.52 2025 billion U.S. dollars
 Current Account, quarterly -3.03 6/2026 percent
 Trade balance, percent of GDP 2.30 2025 percent
 Trade balance, in dollars 29.39 2025 billion U.S. dollars
 Reserves 156.54 2025 billion U.S. dollars
 Remittances, percent of GDP 1.22 2025 percent
 Remittances 17,601.35 2025 million U.S. dollars
 Net errors and omissions -2,655.04 2025 million USD
 External debt 30.31 2024 percent
 Short-term external debt 16.38 2024 percent
 Short-term debt to reserves 44.53 2024 percent
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