Services balance (credit less debit), Net (credits less debits) in Indonesia
Indonesia: Services balance (credit less debit), Net (credits less debits) was -18.56 billion in 2024. ▼ Falling
Services balance (credit less debit), Net (credits less debits) in Indonesia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Indonesia is -18.56 billion, measured in 2024.
The figure is down 5.0% on the previous year and down 85.4% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Indonesia peaked at -6.49 billion in 2018 and was at its lowest, -19.96 billion, in 2022.
Indonesia ranks 189th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Services balance (credit less debit), Net (credits less debits) in Indonesia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -9.20 billion | — |
| 2006 | -12.41 billion | +34.9% |
| 2007 | -13.61 billion | +9.7% |
| 2008 | -14.62 billion | +7.4% |
| 2009 | -11.10 billion | -24.1% |
| 2010 | -9.79 billion | -11.8% |
| 2011 | -9.80 billion | +0.1% |
| 2012 | -10.56 billion | +7.8% |
| 2013 | -12.07 billion | +14.3% |
| 2014 | -10.01 billion | -17.1% |
| 2015 | -8.70 billion | -13.1% |
| 2016 | -7.08 billion | -18.5% |
| 2017 | -7.38 billion | +4.2% |
| 2018 | -6.49 billion | -12.1% |
| 2019 | -7.64 billion | +17.8% |
| 2020 | -9.76 billion | +27.7% |
| 2021 | -14.60 billion | +49.6% |
| 2022 | -19.96 billion | +36.7% |
| 2023 | -17.68 billion | -11.4% |
| 2024 | -18.56 billion | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -12.19 billion | -14.62 billion | -9.20 billion | 5 |
| 2010s | -8.95 billion | -12.07 billion | -6.49 billion | 10 |
| 2020s | -16.11 billion | -19.96 billion | -9.76 billion | 5 |
Countries ranked near Indonesia
More financial sector data for Indonesia
- Net domestic credit (current LCU), per capita 39.98 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 7,903 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.13 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 96.25 million SDR (2025)
- Gold reserves at market value 8.77 billion SDR (2025)
- Reserves excluding gold, foreign exchange 99.20 billion SDR (2025)
- Reserves excluding gold 105.53 billion SDR (2025)
- Total reserves (gold at market value) 114.31 billion SDR (2025)
- Total reserves (gold at national valuation) 114.25 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 399.86 SDR per person (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Indonesia?
- Services balance (credit less debit), net (credits less debits) in Indonesia was -18.56 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Indonesia?
- The highest recorded value was -6.49 billion in 2018.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Indonesia?
- The lowest recorded value was -19.96 billion in 2022.
- How does Indonesia rank for services balance (credit less debit), net (credits less debits)?
- Indonesia ranks 189th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Indonesia?
- Over the last ten years it is down 85.4%. The long-run trend across the full record is falling.
- Where does this Indonesia data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.