Indonesia - Government Revenues





Indonesia: Government Revenues

Mnemonic GVREV.IIDN
Unit Bil. IDR
Annual 31.05 %
Data 2022 2,635,843
2021 2,011,347

Series Information

Source Bank Indonesia
Release Government Finance
Frequency Monthly
Start Date 12/31/1990
End Date 12/31/2022

Indonesia: Government

Reference Last Previous Units Frequency
Gross External Debt 2023 Q4 407,106 394,243 Mil. USD, NSA Quarterly
Government Budget Balance 2022 -460,419 -775,064 Bil. IDR Annual
Government Expenditures 2022 3,096,262 2,786,411 Bil. IDR Annual
Government Revenues 2022 2,635,843 2,011,347 Bil. IDR Annual
Outstanding Public Debt 2022 590,978 871,723 Bil. IDR Annual
Outstanding Public Debt - Domestic 2022 563,782 881,632 Bil. IDR Annual
Outstanding Public Debt - Foreign 2022 27,195 -9,909 Bil. IDR Annual

Release Information

For Indonesia, government finances describes revenues, expenditures, sources of finances and outstanding of government securities, as published by Bank Indonesia. Data for the first three categories are broken down into budget and actual figures.

Monthly

  • Measurement: Billions of Indonesian rupiah (Bil. IDR)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start dates:
    • 2004m12
    • 2009m12

Annual

  • Measurement: Billions of Indonesian rupiah (Bil. IDR)
  • Adjustment: Not applicable
  • Native frequency: Annual
  • Start date: As early as 2000

Surplus/deficit is government revenues less government expenditures. The total of surplus/deficit is the same as the total of financing but with an opposite sign.

Debt instruments

Fixed Rate bond (FR) is a bond with a fixed coupon (interest) rate. The bond has time period more than one year with the coupon (interest) paid every six months.

Variable Rate bond (VR) is a bond whose interest payments are linked to 3 months Bank Indonesia Certificate market interest rate changes. The bond has time period more than one year with the coupon interest) paid every three months.

Hedge Bond (HB) is a bond linked to USD value. Its purpose is to cover bank’s foreign currency liabilities. In each quarter and on interest payment maturity date, the nominal of bond is revalued based on rupiah exchange rate against USD. HB interest rate is adjusted to 3 months SIBOR interest rate + 2% every 3 months.

Retail bond is a government bond sold to individual or individual Indonesia citizen through sales agents with predetermined fixed rate at the auction time. Minimum investment of Retail bond is Rp5.0 million and its multiple. Retail bond’s coupon is paid on monthly basis.

Zero Coupon bond (ZC) is a bond sold at a discount from par value and does not involve interest payments. The investor’s gain comes from the discount when it is issued.

Government Islamic Security (Sukuk) is a government security that complies with Sharia principle.

Treasury Bill is a government security with has maturity up to one year (12 months) with discount interest payment.

Bonds portfolio is categorized into investment and trading portfolio, based on investor account recording at BI-SSSS.

Yes. Data are revised each month when new data becomes available.

Further reading

At IMF (SDDS):