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Interest Rate on Bank Loans (Local Currency) in Indonesia

Source: World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 8.92% in 2021 in Indonesia, according to the National Central Bank. This is 6.51% less than in the previous year.

Historically, interest rate on bank loans in Indonesia reached an all time high of 32.2% in 1998 and an all time low of 8.92% in 2021.

Indonesia has been ranked 39th within the group of 94 countries we follow in terms of interest rate on bank loans.

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