Indonesia's debt service to exports (%) was 12.34% in 2024, the latest year in the World Bank's World Development Indicators. That is down 1.76 percentage points from 14.11% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 12.34% | 2024 |
| Five years earlier | 10.26% | 2019 |
| Ten years earlier | 14.11% | 2014 |
| Highest | 32.97% | 1988 |
| Lowest | 4.44% | 2011 |
| Average since 2015 | 10.59% | 2015–2024 |
| First recorded | 12.76% | 1983 |
What the numbers say
In 2024, Indonesia's debt service to exports (%) rose 3.53 percentage points on 2023 (from 8.82% to 12.34%).
Across the 30 yearly changes before that (1994 to 2023), the average change was −0.42 percentage points and a typical year strayed about 3.67 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 8.51 percentage points in 2014 and the biggest yearly fall was 7.22 percentage points in 2007. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 28% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Indonesia had the 22nd highest value of the 100 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Indonesia | 12.34% | 2024 |
| Upper middle income | 4.48% | 2024 |
Closest to Indonesia in the 2024 ranking
- Ecuador — 19th of 100: 14.51%
- Uzbekistan — 20th of 100: 14.4%
- Bolivia — 21st of 100: 13.82%
- Montenegro — 23rd of 100: 12.14%
- Honduras — 24th of 100: 11.52%
- Uganda — 25th of 100: 11.51%
What this measures
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.
All 42 values
| Year | Debt service to exports (%) |
|---|---|
| 2024 | 12.34 |
| 2023 | 8.82 |
| 2022 | 12.29 |
| 2021 | 12.31 |
| 2020 | 15.27 |
| 2019 | 10.26 |
| 2018 | 7.92 |
| 2017 | 9.18 |
| 2016 | 9.31 |
| 2015 | 8.17 |
| 2014 |
Debt service to exports (%) in nearby economies
- Cambodia — 1.72% (2024)
- China — 1.93% (2024)
- Fiji — 5.1% (2024)
- Lao PDR — 7% (2024)
- Mongolia — 8.62% (2024)
- Myanmar — 3.36% (2019)
- Papua New Guinea — 4.78% (2024)
- Philippines — 7.96% (2024)
- Samoa — 8.79% (2024)
- Solomon Islands — 2.58% (2024)
- Thailand — 0.97% (2024)
- Timor-Leste
More economic policy & debt data for Indonesia
- Total reserves, including gold (current US$) — US$156.54 billion (2025)
- Total reserves, excluding gold (current US$) — US$144.53 billion (2025)
- General government final consumption expenditure (current LCU) — 1,794.3 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$106.29 billion (2025)
- General government final consumption expenditure (constant LCU) — 981.99 trillion (2025)
- General government final consumption expenditure (% of GDP) — 7.53% (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 13,156.3 trillion (2025)
- Households and NPISHs final consumption expenditure (constant 2015 US$)
Reading data like this
Questions people ask
- What is Indonesia's debt service to exports (%)?
- 12.34% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1983?
- It is down 0.41 percentage points from 12.76% in 1983. The highest value was 32.97% in 1988 and the lowest 4.44% in 2011.
- How does Indonesia rank?
- 22nd highest of 100 economies with data for 2024.
- Is the latest change in debt service to exports (%) unusual for Indonesia?
- In 2024, Indonesia's debt service to exports (%) rose 3.53 percentage points on 2023 (from 8.82% to 12.34%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.42 percentage points and a typical year strayed about 3.67 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator DT.TDS.DPPF.XP.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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