Indonesia Interest Rate 2005-2015 | Data | Chart | Calendar | Forecast

The benchmark interest rate in Indonesia was last recorded at 7.50 percent. Interest Rate in Indonesia averaged 7.71 percent from 2005 until 2015, reaching an all time high of 12.75 percent in December of 2005 and a record low of 5.75 percent in February of 2012. Interest Rate in Indonesia is reported by the Bank Indonesia.

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Indonesia Interest Rate


Actual Previous Highest Lowest Dates Unit Frequency
7.50 7.75 12.75 5.75 2005 - 2015 percent Daily
In Indonesia the interest rate decisions are taken by The Central Bank of Republic of Indonesia. The official interest rate is the Discount rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. This page provides - Indonesia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Indonesia Interest Rate - was last refreshed on Monday, March 2, 2015.


Indonesia Cuts Main Interest Rate by 25bps


Bank Indonesia surprisingly lowered its benchmark interest rate by 25 bps to 7.5 percent in February in order to boost growth and bring inflation back to target. It is the first rate cut since 2011.

The overnight deposit facility rate – Fasbi - was also lowered by 25 bps to 5.50 percent while the lending facility rate was left on hold at 8 percent.

The central bank now targets inflation between 3 and 5 percent in 2015. Consumer prices slowed to 6.96 percent in January, from a 12-month high of 8.36 percent in December.

In 2014, Indonesia's economic growth was the lowest in five years hurt by a slowdown in private and public spending and lower exports. And in January 2015, the country posted the highest trade surplus in ten months as imports declined much faster than imports.

Joana Taborda | joana.taborda@tradingeconomics.com
2/17/2015 12:33:20 PM


Recent Releases

Indonesia Keeps Monetary Policy Unchanged
Bank Indonesia left its benchmark interest rate on hold at 7.75 percent during the meeting held on January 15th, as policymakers are confident that inflation will remain under control between 3 to 5 percent in 2015. Published on 2015-01-15

Indonesia Leaves Monetary Policy Unchanged
Indonesia’s central bank left its key policy rate steady at 7.75 percent in December after 25bps hike last month despite rise in inflation. Published on 2014-12-11


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-12-11 09:10 AM
Interest Rate Decision 
7.75% 7.75% 7.75% 7.75%
2015-01-15 10:45 AM
Interest Rate Decision 
7.75% 7.75% 7.75% 7.75%
2015-02-17 10:10 AM
Interest Rate Decision 
7.5% 7.75% 7.75% 7.75%
2015-03-17 09:00 AM
Interest Rate Decision 
7.5% 7.75%
2015-04-14 09:00 AM
Interest Rate Decision 
7.75%
2015-05-19 09:00 AM
Interest Rate Decision 
7.75%


Indonesia Money Last Previous Highest Lowest Unit
Interest Rate 7.50 7.75 12.75 5.75 percent [+]
Interbank Rate 5.85 6.01 89.80 1.17 percent [+]
Money Supply M0 419185.04 405706.19 452862.49 2983.00 IDR Billion [+]
Money Supply M1 916739.00 942144.50 955547.10 317.90 IDR Billion [+]
Money Supply M2 4107963.80 4170730.80 4170730.80 5156.00 IDR Billion [+]
Foreign Exchange Reserves 114249.52 111861.59 124637.75 27404.30 USD Million [+]
Loans to Private Sector 3317402.00 3245380.00 3317402.00 286724.00 IDR Billion [+]
Loan Growth 11.60 11.90 90.50 -59.90 percent [+]


Interest Rate Reference Previous Highest Lowest Unit
Australia 2.25 Feb/15 2.50 17.50 2.50 percent [+]
Brazil 12.25 Jan/15 11.75 45.00 7.25 percent [+]
Canada 0.75 Jan/15 1.00 16.00 0.25 percent [+]
China 5.35 Mar/15 5.60 10.98 5.31 percent [+]
Euro Area 0.05 Jan/15 0.05 4.75 0.05 percent [+]
France 0.05 Jan/15 0.05 4.75 0.05 percent [+]
Germany 0.05 Jan/15 0.05 4.75 0.05 percent [+]
India 7.75 Feb/15 7.75 14.50 4.25 percent [+]
Indonesia 7.50 Feb/15 7.75 12.75 5.75 percent [+]
Italy 0.05 Jan/15 0.05 4.75 0.05 percent [+]
Japan 0.00 Feb/15 0.00 9.00 0.00 percent [+]
Mexico 3.00 Jan/15 3.00 9.25 3.00 percent [+]
Netherlands 0.05 Jan/15 0.05 4.75 0.05 percent [+]
Russia 15.00 Jan/15 17.00 17.00 5.00 percent [+]
South Korea 2.00 Feb/15 2.00 5.25 2.00 percent [+]
Spain 0.05 Jan/15 0.05 4.75 0.05 percent [+]
Switzerland -0.75 Jan/15 -0.25 3.50 -0.75 percent [+]
Turkey 7.50 Feb/15 7.75 500.00 4.50 percent [+]
United Kingdom 0.50 Feb/15 0.50 17.00 0.50 percent [+]
United States 0.25 Jan/15 0.25 20.00 0.25 percent [+]