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Indonesia's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1993-2029)

Indonesia's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1993-2029)

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TGM StatBox. (2024). Indonesia's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1993-2029). TGM StatBox.
Chart Details
Data Source: International Monetary Fund (IMF)
Timeframe: 1990-2023
Country: Indonesia
Published date: 2024
Note: Net lending/borrowing, also referred to as the overall balance, is a measure of a country's fiscal position, expressed as a percentage of its Gross Domestic Product (GDP). According to the International Monetary Fund (IMF), it indicates the difference between government revenues and expenditures, including any borrowing or lending to other sectors.
Key Takeaways
Indonesia’s fiscal trends underscore resilience amid economic shocks. Surpluses during the mid-1990s gave way to deficits of -6.1% in 2020 due to the pandemic’s fiscal impact. Despite challenges, fiscal discipline has helped reduce deficits to -1.6% by 2023.

Projections for 2029 indicate stabilization around -2.4%, supported by economic recovery and prudent spending policies. Continued structural reforms will be key to enhancing fiscal sustainability.

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