The Bank Indonesia cut its benchmark lending rate by 25bps to 4.25 percent on February 18th 2021, in line with forecasts. source: Bank Indonesia
Lending Rate in Indonesia averaged 7.80 percent from 2006 until 2021, reaching an all time high of 15.75 percent in March of 2006 and a record low of 4.25 percent in February of 2021. This page provides - Indonesia Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Lending Facility Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Lending Rate in Indonesia is expected to be 4.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Indonesia to stand at 4.25 in 12 months time. In the long-term, the Indonesia Lending Facility Rate is projected to trend around 4.75 percent in 2022 and 5.00 percent in 2023, according to our econometric models.