Indonesia's Government Debt Reaches Rp10,293 Trillion by June

Indonesia's government debt has surpassed Rp10,000 trillion, reaching Rp10,293.69 trillion as of June 30, 2026. This marks a significant increase from Rp9,920.42 trillion recorded at the close of the first quarter.

The bulk of the nation's debt, approximately 87.11 percent, is held in government securities, known as Surat Berharga Negara (SBN). The remaining portion, Rp1,326.90 trillion, consists of domestic and foreign loans. The Finance Ministry's Directorate General of Budget Financing and Risk Management (DJPPR) stated that the government manages its debt prudently to optimize its portfolio and support the domestic financial market.

As of June, the government's debt-to-GDP ratio stood at 41.26 percent, a slight increase from 40.75 percent in March and 39.86 percent in the first half of the previous year. This ratio remains well within the legal limit of 60 percent stipulated by Indonesia's State Finance Law.

Despite the rising debt figures, the Finance Ministry asserts that debt financing remains on track. This is achieved through proactive measures and active cash and debt management, aiming to maintain adequate government liquidity and a strong budget surplus. The government has set a target of Rp832.2 trillion for new debt issuance this year, exceeding the Rp775.9 trillion raised in 2025. As of June 30, net government debt issuance had reached Rp477.4 trillion, representing 57.4 percent of the annual target.

“

The government manages its debt prudently and in a measured manner to achieve an optimal debt portfolio while supporting the development of the domestic financial market.