01.03.03. Public and private debt | Indonesia

01.03.03. Public and private debt | Indonesia

13 Apr 2022

It is estimated that public debt amounted to 28.8% of GDP in 2017 (CIA World Factbook, 2019). In Indonesia, household debt was estimated to amount to US$104 billion in 2014 (Ghose et al., 2016).

References:

CIA World Factbook. (2019). Indonesia. https://www.cia.gov/the-world-factbook/countries/indonesia/

Ghose, R., Dave, S., Shirvaikar, A., Horowitz, K., Tian, Y., Levin, J., & Ho, S. (2016). Digital Disruption: How FinTech is Forcing Banking to a Tipping Point. In Citi GPS: Global Perspectives & Solutions (Issue March). https://www.ivey.uwo.ca/media/3341211/citi-2016-fintech-report-march.pdf