Indonesia lending rate

Indonesia lending rate: 7 (0%)
Last Update: June 20, 2024

Indonesia lending rate closed down 7 as of June 20, 2024 from 7 from the previous month and 6.5 from last year.

Indonesia lending rate Analytics & Data

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Indonesia lending rate closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Indonesia lending rate

2024-06-20 7
2024-05-22 7
2024-04-24 7
2024-03-20 6.75
2024-02-21 6.75
2024-01-17 6.75
2023-12-21 6.75
2023-11-23 6.75
2023-10-19 6.75
2023-09-21 6.5
2023-08-24 6.5
2023-07-25 6.5
2023-06-22 6.5
2023-05-25 6.5
2023-04-19 6.5
2023-03-16 6.5
2023-02-16 6.5
2023-01-19 6.5
2022-12-22 6.25
2022-11-17 6
2022-10-20 5.5
2022-09-22 4.5
2022-08-23 4.5
2022-07-21 4.25

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Indonesia lending rate Statistics

lending rateid.lendingrate7.0708UPUP742024-06-20

Indonesia lending rate Factors

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Indonesia lending rate Historical Data

The MacroVar database offers free access to historical data for the Indonesia lending rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Indonesia lending rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Indonesia lending rate

The lending rate in Indonesia refers to the interest rate at which financial institutions in the country offer loans to businesses and individuals. This rate is set by the central bank of Indonesia, Bank Indonesia, and plays a crucial role in determining the cost of borrowing money in the economy. A lower lending rate encourages borrowing and investment, stimulating economic growth, while a higher rate can lead to decreased borrowing and slower economic activity. The lending rate in Indonesia is influenced by various factors such as inflation, economic growth, and monetary policy decisions made by the central bank. It is important for businesses and individuals to consider the lending rate when seeking loans to ensure they are getting the best terms and rates available.