Indonesia’s annual loan growth rose by 9.96% year-on-year in January 2026, accelerating from 9.69% in the previous month. It marked the fastest pace of growth since February 2025, primarily driven by investment credit, which surged 22.38% from a year earlier, alongside increases in working capital loans (4.13%) and consumer credit (6.58%). The growth was also supported by stronger economic activity, the easing of monetary and macroprudential policies, and progress in the government’s priority programs. Looking ahead, Bank Indonesia said credit growth remains solid, underpinned by demand and supply factors. The central bank forecasts credit growth in the range of 8% to 12% in 2026. Nevertheless, BI is committed to strengthening coordination with the government and the Financial System Stability Committee (KSSK) to improve interest rate transmission and further support bank lending. source: Bank Indonesia

The value of loans in Indonesia increased 9.96 percent in January of 2026 over the same month in the previous year. Loan Growth in Indonesia averaged 18.34 percent from 1981 until 2026, reaching an all time high of 90.50 percent in June of 1998 and a record low of -59.90 percent in June of 1999. This page provides the latest reported value for - Indonesia Loan Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Loan Growth - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The value of loans in Indonesia increased 9.96 percent in January of 2026 over the same month in the previous year. Loan Growth in Indonesia is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Loan Growth is projected to trend around 10.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-21 07:25 AM
Loan Growth YoY
Dec 9.69% 7.74% 7.6%
2026-02-19 07:25 AM
Loan Growth YoY
Jan 9.96% 9.69% 9.6%
2026-03-17 07:30 AM
Loan Growth YoY
Feb 9.96%


Related Last Previous Unit Reference
Cash Reserve Ratio 9.00 9.00 percent Jan 2026
Deposit Facility Rate 3.75 3.75 percent Feb 2026
Foreign Exchange Reserves 154600.00 156471.00 USD Million Jan 2026
Interbank Rate 5.46 5.46 percent Dec 2025
Interest Rate 4.75 4.75 percent Feb 2026
Lending Facility Rate 5.50 5.50 percent Feb 2026
Loan Growth YoY 9.96 9.69 percent Jan 2026
Loans to Private Sector 7318439.00 7195834.00 IDR Billion Dec 2025
Money Supply M0 1214729.00 1148382.00 IDR Billion Dec 2025
Money Supply M1 3386883.00 3237684.00 IDR Billion Dec 2025
M2 Money Supply YoY 10133100.00 9891600.00 IDR Billion Dec 2025


Indonesia Loan Growth
In Indonesia, loan growth refers to year over year change in total value of outstanding credits of commercial banks.
Actual Previous Highest Lowest Dates Unit Frequency
9.96 9.69 90.50 -59.90 1981 - 2026 percent Monthly
Current Prices, NSA

News Stream
Indonesia Loan Growth Hits Near 1-Year High
Indonesia’s annual loan growth rose by 9.96% year-on-year in January 2026, accelerating from 9.69% in the previous month. It marked the fastest pace of growth since February 2025, primarily driven by investment credit, which surged 22.38% from a year earlier, alongside increases in working capital loans (4.13%) and consumer credit (6.58%). The growth was also supported by stronger economic activity, the easing of monetary and macroprudential policies, and progress in the government’s priority programs. Looking ahead, Bank Indonesia said credit growth remains solid, underpinned by demand and supply factors. The central bank forecasts credit growth in the range of 8% to 12% in 2026. Nevertheless, BI is committed to strengthening coordination with the government and the Financial System Stability Committee (KSSK) to improve interest rate transmission and further support bank lending.
2026-02-19
Indonesia Loan Growth Hits 10-Month High
Indonesia’s annual loan growth accelerated slightly to 9.69% year-on-year in December 2025, up from 7.74% in November, marking the fastest pace since February amid the government’s efforts to boost domestic demand. Loan growth was supported by expansion in consumption loans (6.58%), investment loans (21.06%), and working capital loans (4.52%). However, the volume of undisbursed loan facilities remained high, reaching IDR 2,439.2 trillion in December 2025, equivalent to 22.12% of the total approved credit ceiling. Looking ahead, Bank Indonesia expects full-year 2026 credit growth to come in within its 8–12% target range.
2026-01-21
Indonesia Loan Growth Hits 5-Month High
Indonesia’s annual loan growth accelerated slightly to 7.74% year-on-year in November 2025, up from October’s three-month low of 7.36%. This marked the fastest growth since June, amid the government's effort to boost domestic demand. However, the volume of undisbursed loan facilities remained high, reaching IDR 2,509.4 trillion in October 2025, equivalent to 23.18% of the total approved credit ceiling. " Credit demand appears weak, influenced by wait-and-see attitudes among businesses, corporations’ optimization of internal financing, and the slow pace of decline in lending rates," Perry Warjiyo, Governor of BI, said. Looking ahead, Bank Indonesia expects full-year 2025 credit growth to come in at the lower end of its 8–11% target range, with a stronger pickup anticipated in 2026.
2025-12-17