Forecast as of 11.05.2021, Fibonacci Retracements Analysis 11.05.2021 (EURUSD, USDJPY), Short-term analysis for oil, gold, and EURUSD for 11.05.2021, EURUSD continues consolidating. (INE) Related news: Indonesia's foreign debt recorded at US$417.5 billion in Q4 2020 It is a key indicator for the sustainability of government finance. “We believe Pakistan will start to lower its public debt-to-GDP ratio in 2022 under its IMF-supported programme, but we project a sustained increase for Sri Lanka throughout 2020 … 2000-2020 Data | 2021-2023 Forecast | Historical. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The Trading Economics Application Programming Interface (API) provides direct access to our data. Indonesia’s annual budget deficit is capped at 3% of GDP, and the Government of Indonesia lowered its debt-to-GDP ratio from a peak of 100% shortly … The data reached an all-time high of 895.4 % in Dec 2020 and a record low of 291.9 % in Mar 1952. Future energy subsidy reduction and tax administration reforms in combination with strong economic growth will support a further decline in public debt. The maximum debt was 417528 USD Million and minimum was 119594 USD Million. Households Debt in Indonesia increased to 17.50 percent of GDP in the third quarter of 2020 from 16.90 percent of GDP in the second quarter of 2020. source: Bank for International Settlements. Central government debt-to-GDP rose from 30 per cent in 2019 to 38 per cent in 2020, and is projected to reach 41 per cent in 2021. Overview for 11.05.2021, The Pound skyrocketed to its local high. At the end of the 3rd quarter of 2020, the United States public debt-to-GDP ratio was 127.3%. One clear outcome from the COVID-19 crisis is that Indonesia’s debt level will reach a new record high. Indonesia's debt-to-GDP ratio reached 34.53% as of August 2020, up from 29.8% in August 2019. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Indonesia’s annual budget deficit is capped at 3% of GDP, and the Government of Indonesia lowered its debt-to-GDP ratio from a peak of 100% shortly after the Asian financial crisis in 1999 to 34% today. Forecast as of 11.05.2021, Short-term forecast for BTCUSD, XRPUSD and ETHUSD 11.05.2021, List of countries with highest gold reserves, TOP countries with the highest level of unemployment, How to find the best FX broker for trading in 2020. In 1992, Japans's Nikkei (stock market) crashed. Indonesia at 38.5 percent, Vietnam at 46.6 percent, Thailand at 50.4 percent and Malaysia at 67.6 percent. Direct access to our calendar releases and historical data. The ratio of the country’s foreign debt to the national gross domestic product (GDP) remained manageable at 39.7 percent in February this year compared to 39.6 percent the previous month, he added. This low level of debt is the result of structural prudent fiscal policies of the Indonesian government. MUHAMMAD HENDARTYO. The Finance Ministry’s Fiscal Policy Agency head Febrio Nathan Kacaribu said Indonesia’s debt-to-gross domestic product (GDP) ratio would swell to between 33.8 percent and 35.8 percent … Data published Quarterly by Central Bank. Pound continues strengthening. From 2007 to 2018, the tax-to-GDP ratio in Indonesia decreased by … This statistic shows the national debt of Malaysia from 2015 to 2019 in relation to gross domestic product (GDP), with projections up until 2025. As of December 2019, the nation with the highest debt-to-GDP ratio is Japan, with a ratio of 237%. Certain empirical evidence substantiates this agnostic position. In May 2017 Standard & Poor’s became the last major ratings agency to upgrade Indonesia’s sovereign credit rating to investment grade. US Total Debt: % of GDP data is updated quarterly, available from Dec 1951 to Dec 2020. Indonesia's debt ratio, however, remained safe at 28.7 percent of the country's gross domestic product (GDP) in 2017. The maximum level was 87.43 % and minimum was 22.96 %; Data published Yearly by IMF. In 2021, the government will spend Rp 373.2 trillion (US$26.5 billion) on debt interest repayment. Skip to … Indonesia has also recorded an increase in debt, with debt-to-GDP ratio at 38.5 percent, which is still in a prudent position, the minister noted. Government Debt to GDP in Indonesia increased to 38.5 % in 2020. The impact of the pandemic on Indonesia's fiscal metrics has been less severe than for most of its peers. The government has projected that Indonesia's debt to gross domestic product ratio to increase to its highest level since 2006 Gov't Projects Public Debt at 37% of GDP in 2020 Search The statistic shows the national debt of countries in the ASEAN region of Asia in relation to gross domestic product (GDP) from 2010 to 2020. Overview for 11.05.2021, Forex Technical Analysis & Forecast 11.05.2021, Murrey Math Lines 11.05.2021 (AUDUSD, NZDUSD), Japanese Candlesticks Analysis 11.05.2021 (EURUSD, USDJPY, EURGBP), Ichimoku Cloud Analysis 11.05.2021 (EURGBP, USDRUB, NZDCAD), Dollar and the freedom of choice. From a pure risk perspective, higher debt ratios make it more difficult to borrow money while a low debt ratio suggests greater creditworthiness. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. United States Total Debt accounted for 895.4 % of the country's GDP in 2020, compared with the ratio of 870.7 % in the previous quarter. We expect the revenue ratio to pick up gradually to 12.3% of GDP in 2021 and 12.8% in 2022 as the economy recovers, from 12.1% in 2020, the lowest in the 'BBB' category. A country like Japan has been able to sustain debt above 200% of GDP for more than a decade. As a result, Indonesia’s debt-to-gross domestic product (GDP) ratio was recorded at 38.1% at the end of September 2020, higher than the 37.4% recorded at the end of June 2020. Due to the persistent global economic turmoil, Indonesia's debt to GDP ratio increased a little in the first half of 2012 to 27.3 percent according to Bank Indonesia. Economy Latest Trend Ranking; Composite leading indicator (CLI) Indicator 95.32 Amplitude adjusted Long-term average = 100 Mar-2021 Indonesia Long-term average = 100 FDI stocks Indicator: 8.1 Outward % of GDP 2020 Indonesia % of GDP Outward Government Debt to GDP in Indonesia increased to 38.5 % in 2020. While such a level of debt is certainly not healthy, just this year, Argentina and Ecuador—with debt ratios that are roughly half and a third of that—defaulted on their obligations. Its debt-to-GDP ratio is set to go up, Zafrul said. Meanwhile, Indonesia's foreign debt to GDP ratio at the end of January 2021 was quite stable at 39.5 percent, changing very little from the previous month's 39.4 percent. 2020-06-17: Indonesia's foreign debt rises in April as govt issues global bonds, debt papers: The Jakarta Post: 2020-06-16: GDP to contract by 3.1% in Q2 on COVID-19 headwinds: The Jakarta Post: 2020-06-16: Trade data point to severe economic contraction in Q2: Economists: The Jakarta Post: 2020-06-16 Government Debt to GDP in Indonesia increased to 38.50 percent in 2020 from 30.50 percent in 2019. source: IMF If the ratio indicates that a nation cannot pay its government debts, there is a risk of default, which could wreak havoc on the markets. Debt held by non-residents is predominantly long-term (88.3%), consisting of government and Both the debt burden and its increase this year (6% of GDP) are still significantly smaller than the 'BBB' category median of 51.7% (9.5% of GDP higher than in 2019). Indonesia’s external debt in January 2020 amounted to $410.8 billion) or 36.1% of GDP, a slight decline from 36.2% a year earlier. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The Fiscal Policy Agency predicted that Indonesia's debt to GDP ratio will jump from 37.6 percent in 2020 to 41.09 percent in 2021. Download historical data for 20 million indicators using your browser. Global statistics. Read: Indonesian Government Debt at Rp6,233tn per January. Indonesia had a debt-to-GDP ratio of 29.8 percent at the end of 2019, lower than that of many countries, including Japan (238 percent), Singapore (112 … The maximum level was 87.43 % and minimum was 22.96 %, External Debt in Indonesia increased to 417528 USD Million (417.528 B USD) in the forth quarter of 2020. How to compare Forex brokers spreads and swaps? The tax-to-GDP ratio in Indonesia increased by 0.4 percentage points from 11.5% in 2017 to 11.9% in 2018. Indonesia Retail Sales Drop the Least in 6 Months, Indonesia Consumer Morale Highest in 13 Months, Indonesia Economy Shrinks 0.96% QoQ in Q1, Indonesia Q1 GDP Contracts 0.74% YoY, Matches Estimates, Indonesia Tourist Arrivals Sink 72.73% in March, Indonesia Inflation Rate Accelerates to 3-Month High, Indonesia Manufacturing PMI Hits Fresh Record Peak, Baltic Exchange Dry Index Rises for 2nd Day, Oil Prices Fall as OPEC Cuts Q2 Demand Forecast, Mexico Private Investment Retreats Less than Expected, Malta Industrial Output Shrinks the Least in 4 Months, South Africa Factory Output Growth Tops Estimates. Both Pakistan and Sri Lanka have GG debt-to-GDP levels above the median for their rating peer group. In ASEAN, Malaysia has recorded a debt-to-GDP ratio of 66 percent, Singapore 131 percent, the Philippines 54.8 percent, and Thailand 50 percent. Indonesia debt to gdp ratio for 2016 was 31.37%, a 1.06% increase from 2015. What is Indonesia Government Debt to GDP Ratio? Current account balance (Percent of GDP)-2.7 -1.9 -2.0 -2.1 Government budget balance (Percent of GDP)-2.2 -6.3 -4.1 -3.1 Key economic indicators (Indonesia) Severe Scenario • Under the assumptions of longer mobility restrictions and deeper global economic contraction, the annual real GDP growth is estimated to reach -2.0 percent in 2020. In August, Malaysia's parliament voted to allow the government to borrow up to 60% of its GDP as part of … Indonesia Government debt accounted for 39.4 % of the country's Nominal … General government debt-to-GDP ratio measures the gross debt of the general government as a percentage of GDP. We forecast general government debt to rise to 36.7% of GDP in 2020 from 30.6% of GDP in 2019, and to peak at 39.1% of GDP in 2022. 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