Real interest rate in Indonesia
Indonesia: Real interest rate was 6.0% in 2025. ◆ Volatile
Real interest rate in Indonesia, 1986–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for real interest rate in Indonesia is 6.0%, measured in 2025.
The figure is down 23.5% on the previous year and down 28.3% over ten years.
Over the whole period, real interest rate in Indonesia peaked at 18.8% in 1986 and was at its lowest, -24.6%, in 1998.
That places Indonesia 59th out of 149 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Real interest rate in Indonesia, year by year
| Year | % | Change |
|---|---|---|
| 1986 | 18.8% | — |
| 1987 | 4.9% | -74.1% |
| 1988 | 13.4% | +175.4% |
| 1989 | 11.2% | -17.0% |
| 1990 | 10.8% | -3.6% |
| 1991 | 15.4% | +43.4% |
| 1992 | 15.6% | +1.2% |
| 1993 | 1.2% | -92.3% |
| 1994 | 9.3% | +669.6% |
| 1995 | 8.2% | -11.9% |
| 1996 | 9.7% | +18.8% |
| 1997 | 8.2% | -15.3% |
| 1998 | -24.6% | -399.5% |
| 1999 | 11.8% | -148.1% |
| 2000 | -1.7% | -114.0% |
| 2001 | 3.7% | -324.9% |
| 2002 | 12.3% | +231.2% |
| 2003 | 10.9% | -11.9% |
| 2004 | 5.1% | -52.7% |
| 2005 | -0.2% | -104.8% |
| 2006 | 1.7% | -774.8% |
| 2007 | 2.3% | +41.1% |
| 2008 | -3.9% | -264.6% |
| 2009 | 5.7% | -249.2% |
| 2010 | -1.7% | -130.4% |
| 2011 | 4.6% | -363.1% |
| 2012 | 7.8% | +68.7% |
| 2013 | 6.4% | -17.7% |
| 2014 | 6.8% | +6.5% |
| 2015 | 8.3% | +22.9% |
| 2016 | 9.2% | +10.5% |
| 2017 | 6.5% | -29.5% |
| 2018 | 6.5% | -0.5% |
| 2019 | 8.6% | +33.3% |
| 2020 | 10.0% | +15.7% |
| 2021 | 2.8% | -72.4% |
| 2022 | -1.0% | -134.8% |
| 2023 | 7.3% | -860.9% |
| 2024 | 7.8% | +7.6% |
| 2025 | 6.0% | -23.5% |
Indonesia compared with similar countries
- Indonesia's 6.0% is above the median for upper middle income countries, which is 5.2%, 1.2× the median. (49 countries reporting)
- Indonesia's 6.0% is above the median for East Asia & Pacific, which is 5.0%, 1.2× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Real interest rate in Indonesia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +860.9% | -1.0% | 7.3% |
| 2006 | +774.8% | -0.2% | 1.7% |
| 1994 | +669.6% | 1.2% | 9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.1% | 4.9% | 18.8% | 4 |
| 1990s | 6.6% | -24.6% | 15.6% | 10 |
| 2000s | 3.6% | -3.9% | 12.3% | 10 |
| 2010s | 6.3% | -1.7% | 9.2% | 10 |
| 2020s | 5.5% | -1.0% | 10.0% | 6 |
Countries ranked near Indonesia
- 56 Grenada 6.2% compare
- 57 Burkina Faso 6.1% compare
- 58 Vanuatu 6.1% compare
- 60 Cape Verde 5.9% compare
- 61 Russia 5.8% compare
- 62 Solomon Islands 5.8% compare
More financial sector data for Indonesia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.8 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.78 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.8 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is real interest rate in Indonesia?
- Real interest rate in Indonesia was 6.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Indonesia?
- The highest recorded value was 18.8% in 1986.
- What is the lowest real interest rate recorded in Indonesia?
- The lowest recorded value was -24.6% in 1998.
- How does Indonesia rank for real interest rate?
- Indonesia ranks 59th out of 149 countries with data for 2025.
- Is real interest rate rising or falling in Indonesia?
- Over the last ten years it is down 28.3%. The long-run trend across the full record is volatile.
- Where does this Indonesia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.