Indonesia’s broad money supply (M2) rose 8.3% year-on-year to a record IDR 10,587.9 trillion in September 2026, edging up from 8.2% in the previous month. The increase was mainly driven by narrow money supply (M1), which grew 9%, while quasi-money growth accelerated to 7.3%. By component, net claims on the central government (Pempus) rebounded 24.4% after declining 7% in August, while net foreign assets returned to growth of 1% following a 6.6% contraction. However, credit growth eased to 12.7% in September from 13.3% in the previous month. source: Bank Indonesia

Money Supply M2 in Indonesia increased to 10587900 IDR Billion in September from 10448100 IDR Billion in August of 2026. Money Supply M2 in Indonesia averaged 2385855.78 IDR Billion from 1980 until 2026, reaching an all time high of 10587900.00 IDR Billion in September of 2026 and a record low of 5156.00 IDR Billion in February of 1980. This page provides - Indonesia Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Money Supply M2 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Money Supply M2 in Indonesia increased to 10587900 IDR Billion in September from 10448100 IDR Billion in August of 2026. Money Supply M2 in Indonesia is expected to be 10700000.00 IDR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Money Supply M2 is projected to trend around 13000000.00 IDR Billion in 2027 and 15000000.00 IDR Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-24 04:20 AM
M2 Money Supply YoY
Aug 8.2% 8.3%
2026-10-23 03:00 AM
M2 Money Supply YoY
Sep 8.3% 8.2%


Related Last Previous Unit Reference
Cash Reserve Ratio 7.00 9.00 percent Oct 2026
Deposit Facility Rate 5.00 4.75 percent Oct 2026
Foreign Exchange Reserves 146300.00 146500.00 USD Million Sep 2026
Interbank Rate 5.46 5.46 percent Dec 2025
Interest Rate 5.75 5.75 percent Oct 2026
Lending Facility Rate 6.50 6.50 percent Oct 2026
Loan Growth YoY 13.26 13.65 percent Sep 2026
Loans to Private Sector 7800828.00 7742567.00 IDR Billion Aug 2026
Money Supply M0 1222488.00 1206070.00 IDR Billion Aug 2026
Money Supply M1 3333898.00 3311077.00 IDR Billion Aug 2026
M2 Money Supply YoY 10587900.00 10448100.00 IDR Billion Sep 2026


Indonesia Money Supply M2
Indonesia Money Supply M2 includes M1 plus short-term time deposits in banks.
Actual Previous Highest Lowest Dates Unit Frequency
10587900.00 10448100.00 10587900.00 5156.00 1980 - 2026 IDR Billion Monthly
Current Prices, NSA

News Stream
Indonesia Money Supply Growth Edges Up
Indonesia’s broad money supply (M2) rose 8.3% year-on-year to a record IDR 10,587.9 trillion in September 2026, edging up from 8.2% in the previous month. The increase was mainly driven by narrow money supply (M1), which grew 9%, while quasi-money growth accelerated to 7.3%. By component, net claims on the central government (Pempus) rebounded 24.4% after declining 7% in August, while net foreign assets returned to growth of 1% following a 6.6% contraction. However, credit growth eased to 12.7% in September from 13.3% in the previous month.
2026-10-23
Indonesia Money Supply Growth Slows in August
Indonesia’s broad money supply (M2) rose 8.2% year-on-year to IDR 10,448.1 trillion in August 2026, slowing slightly from 8.3% in July. The moderation was driven by slower growth in narrow money (M1), which eased to 9.0% from 10.0%, while quasi-money growth accelerated to 6.5% from 5.6%. Within M1, rupiah demand deposits grew 7.1%, down from 10.9%, while rupiah savings withdrawable on demand accelerated to 8.9% from 6.8%. Meanwhile, stronger bank lending supported overall liquidity, with credit growth accelerating to 13.3% from 13.0% in July. Net claims on the central government contracted 7.0%, reversing 4.6% growth a month earlier.
2026-09-24
Indonesia Money Supply Growth Slows in July
Indonesia’s broad money supply (M2) rose 8.3% year-on-year to IDR 10,371.1 trillion in July 2026, slowing from an 8.7% increase in June. The moderation was driven by slower growth in narrow money (M1), which increased 10.0% from 10.4% previously, while quasi-money growth eased to 5.6% from 6.1%. Meanwhile, stronger bank lending provided support, with credit growth accelerating to 13.0% year-on-year from 12.1% in June. Net receivables to the central government also increased 4.6%, although this was slower than the 10.1% growth recorded a month earlier. The latest data suggest liquidity remained supportive of economic activity, with stronger credit growth partly offsetting the moderation in overall money supply growth.
2026-08-24