Indonesia Real Interest Rate
Real interest rate FR.INR.RINR
Indonesia's real interest rate was 5.45% in 2025, ranked 37th globally. This represents a 30.4% decrease from 2024. Data from World Bank, covering 1986–2025.
Overview
Indonesia's real interest rate stood at 5.45% in 2025, a decline of +2.39pp from 2024. Based on recent trends, this figure is projected to reach 5.45% by 2025. Indonesia ranked 37th globally.
Indonesia's real interest rate has fluctuated significantly over the past 40 years, with a peak of 18.83% in 1986 and a trough of -24.60% in 1998. This dramatic swing reflects the country's economic challenges, including a debt crisis and currency devaluation during the Asian financial crisis. As of 2025, Indonesia's real interest rate stands at 5.45%, ranking 37th globally. Compared to its peer countries, Indonesia's real interest rate is slightly higher than Malaysia's 5.06% but lower than China's 5.48%. The current real interest rate is a relatively stable indicator, indicating a more favorable economic environment for borrowing and investment. However, a change in global interest rates or a shift in Indonesia's economic policy could alter the trajectory of its real interest rate, potentially impacting the country's borrowing costs and economic growth.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 5.49% | - | - |
| 2026* trend | 5.47% | - | - |
| 2025* trend | 5.45% | - | - |
| 2025 | 5.45% | −2.39pp | #37 |
| 2024 | 7.83% | +0.55pp | #57 |
| 2023 | 7.29% | +8.24pp | #65 |
| 2022 | -0.96% | −3.71pp | #39 |
| 2021 | 2.75% | −7.23pp | #60 |
| 2020 | 9.99% | +1.36pp | #85 |
| 2019 | 8.63% | +2.16pp | #83 |
| 2018 | 6.47% | −0.03pp | #74 |
| 2017 | 6.50% | −2.72pp | #86 |
| 2016 | 9.22% | +0.87pp | #90 |
| 2015 | 8.35% | +1.56pp | #85 |
| 2014 | 6.79% | +0.42pp | #71 |
| 2013 | 6.37% | −1.38pp | #75 |
| 2012 | 7.75% | +3.16pp | #91 |
| 2011 | 4.59% | +6.34pp | #76 |
Detected Pattern
Analysis
Indonesia matched the Export Boom Cycle pattern in 2011. Historically, 71% of countries showing this pattern (546 out of 768) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Indonesia's real interest rate was 5.45% in 2025. Ranked 37th globally. This represents a 30.4% decrease from the previous year.
Indonesia's real interest rate peaked at 18.83% in 1986.
The lowest real interest rate in Indonesia was -24.60% in 1998.
Indonesia ranks 37th globally in real interest rate as of 2025.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
Indonesia's real interest rate is projected to reach 5.45% by 2025 based on trend extrapolation.
The real interest rate of Indonesia in 2025 was 5.45%. This ranks 37th in the world.
Cite this page
@misc{historysaid_indonesia_real-interest-rate,
title = {Indonesia Real Interest Rate},
url = {https://historysaid.com/indonesia/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}