Indonesia Interest Rate

Last Release

May 21, 2025

Actual

5.5

Units In

5.75

Frequency

Daily

Next Release

Jun 18, 2025

Time to Release

25 Days 21 Hours

Highest	Lowest	Average	Date Range	Source
12.75 Dec 2005	3.5 Feb 2021	6.39 %	2005-2025	Bank Indonesia

In Indonesia the interest rate decisions are taken by The Central Bank of Republic of Indonesia. In April of 2016, policymakers announced the replacement of the official discount interest rate with new 7-day reverse repurchase rate in August 2016. 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.

Latest Updates

Bank Indonesia lowered its benchmark interest rate by 25 basis points to 5.5% during its May 2025 policy meeting, in line with market expectations. The decision reflects the central bank’s confidence in maintaining low and stable inflation within the 2.5% ± 1% target range for both 2025 and 2026, while also supporting Rupiah stability and fostering economic growth. Annual inflation accelerated to 1.95% in April 2025 from 1.03% in March, marking its highest level since August 2024, yet it remained comfortably within the central bank’s target band. Meanwhile, the Rupiah strengthened by 1.13% on a point-to-point basis against the US dollar (as of May 20, compared to end-April) and also appreciated against the currencies of key emerging market trade partners and major non-USD currencies. The overnight deposit facility and lending facility rates were also lowered by 25 basis points to 4.75% and 6.25%, respectively.