Indonesia: Real interest rate (%)

Key figures

What the numbers say

In 2025, Indonesia's real interest rate (%) fell 1.85 percentage points on 2024 (from 7.84% to 5.99%).

Across the 30 yearly changes before that (1995 to 2024), the average change was −0.05 percentage points and a typical year strayed about 10.43 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 36.43 percentage points in 1999 and the biggest yearly fall was 32.81 percentage points in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 8% 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 2025, Indonesia had the 30th highest value of the 73 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.

Closest to Indonesia in the 2025 ranking

• Jamaica — 26th of 73: 7%
• Grenada — 27th of 73: 6.16%
• Vanuatu — 28th of 73: 6.13%
• Thailand — 30th of 73: 5.91%
• Cabo Verde — 31st of 73: 5.9%
• Jordan — 32nd of 73: 5.75%

What this measures

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.

All 40 values

Real interest rate (%) in nearby economies

• Australia — 1.57% (2019)
• Brunei Darussalam — 10.75% (2025)
• China — 5.15% (2024)
• Fiji — -1.45% (2024)
• Hong Kong SAR, China — 4.11% (2025)
• Japan — 0.97% (2017)
• Korea, Rep. — 1.03% (2025)
• Macao SAR, China — 4.97% (2025)
• Malaysia — 5.3% (2025)
• Micronesia, Fed. Sts. — 10.57% (2021)
• Mongolia — 1.39% (2021)
• Myanmar

More financial sector data for Indonesia

• Consumer price index (2010 = 100) — 176.05 (2025)
• Inflation, consumer prices (annual % growth) — 1.91% (2025)
• GDP deflator (base year varies by country) — 175.41 (2025)
• Inflation, GDP deflator (annual % growth) — 2.37% (2025)
• DEC alternative conversion factor (LCU per US$) — US$16,478 (2025)
• Official exchange rate (LCU per US$, period average) — US$16,478 (2025)
• Net foreign assets (current LCU) — 2,159.04 trillion (2025)
• Net domestic credit (current LCU) — 11,424.3 trillion (2025)
• Broad money (current LCU) — 10,134.7 trillion (2025)
• Broad money (% of GDP)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Indonesia's real interest rate (%)?

5.99% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1986?

It is down 12.84 percentage points from 18.83% in 1986. The highest value was 18.83% in 1986 and the lowest -24.6% in 1998.

How does Indonesia rank?

30th highest of 73 economies with data for 2025.

Is the latest change in real interest rate (%) unusual for Indonesia?

In 2025, Indonesia's real interest rate (%) fell 1.85 percentage points on 2024 (from 7.84% to 5.99%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.05 percentage points and a typical year strayed about 10.43 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator FR.INR.RINR, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators, 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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