The Bank Indonesia cut its benchmark lending facility rate by 25bps to 5 percent on June 18th 2020, in line with market forecasts.
Lending Rate in Indonesia averaged 7.94 percent from 2006 until 2020, reaching an all time high of 15.75 percent in March of 2006 and a record low of 5 percent in September of 2017. 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 July of 2020. source: Bank Indonesia
Lending Rate in Indonesia is expected to be 5.00 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 5.00 in 12 months time. In the long-term, the Indonesia Lending Facility Rate is projected to trend around 5.00 percent in 2021 and 5.50 percent in 2022, according to our econometric models.