Indonesia Interest Rates
Last ReleaseJan 21, 2026
Previous4.75
FrequencyDaily
Next ReleaseFeb 19, 2026
Time to Release0
Units In%
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 (BI) kept its benchmark interest rate at 4.75% for the 4th consecutive meeting at its January 2026 policy meeting, in line with expectations, as it sought to limit further weakness in the rupiah despite signs of slowing economic growth. The rupiah weakened by 1.53% as of January 20, 2026, compared with the end of December 2025. The central bank has delivered cumulative cuts of 150 bps since September 2024, bringing the rate to its lowest level since October 2022 to support economic growth. The decision highlights BI’s view that inflation in 2026 will remain within its target range of 2.5% ± 1%, supported by a stable rupiah and ongoing measures to sustain economic growth. BI held its GDP growth forecasts at 4.7%–5.5% for 2025 and 4.9%–5.7% for 2026. It also maintained the overnight deposit facility rate and the lending facility rate unchanged at 3.75% and 5.50%, respectively. BI still has room to resume interest rate cuts, with inflation expected to stay low this year.Historical Data
| Highest | Lowest | Average | Date Range | Source |
|---|---|---|---|---|
| 12.75 | 3.5 | 6.34 % | 2005-2026 | Bank Indonesia |
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