Formal Borrowing Statistics in Indonesia (2026)
According to World Bank Global Findex data, 14.4% of adults in Indonesia borrowed from a formal financial institution in 2024. Up from 12.9% in 2021 to 14.4% in 2024 (+1.5 percentage points). Indonesia ranks #12 of 16 economies in East Asia & Pacific on this measure, and #76 of 142 globally.
Key Statistics
- Latest value (2024)
- 14.4% (2024)
- Formal Borrowing in Indonesia as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +1.5 pp (2024)
- Up from 12.9% in 2021 to 14.4% in 2024 (+1.5 percentage points).
- Earliest value in this dataset (2014)
- 13.7% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 13.7% in 2014 to 14.4% in 2024.
- Peak value (2017)
- 18.4% (2017)
- Highest value in the available series; the 2024 value is 14.4%.
- Rank in East Asia & Pacific
- #12 of 16 (2024)
- Indonesia ranks 12 of 16 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #76 of 142 (2024)
- Indonesia ranks 76 of 142 countries with data globally.
- East Asia & Pacific average
- 33.4% (2024)
- Indonesia (14.4%) is below the average of 33.4% across the 16 countries in East Asia & Pacific with data.
- Among women (2024)
- 14.4% (2024)
- Value for women in Indonesia, same 2024 World Bank Global Findex data.
- Among men (2024)
- 14.4% (2024)
- Value for men in Indonesia, same 2024 World Bank Global Findex data.
- Gender gap (women minus men)
- 0 pp (2024)
- In 2024, the figure was 14.4% for women and 14.4% for men — essentially no gap.
- Among the poorest 40% (2024)
- 11.5% (2024)
- Value for adults in the poorest 40% of households in Indonesia in 2024.
- Poorest-40% gap vs national
- −2.9 pp (2024)
- The poorest 40% (11.5%) are 2.9 percentage points below the national figure (14.4%).
- Internet use in Indonesia (2024)
- 72.8% (2024)
- 72.8% of the population in Indonesia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 283.5 million (2024)
- Indonesia had a population of 283.5 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 14.4% | +1.5 pp |
| 2021 | 12.9% | −5.6 pp |
| 2017 | 18.4% | +4.7 pp |
| 2014 | 13.7% | — |
Frequently asked questions
What share of adults in Indonesia borrowed from a formal financial institution?
14.4% of adults in Indonesia borrowed from a formal financial institution in 2024, according to World Bank Global Findex data.
When did formal borrowing in Indonesia peak?
The highest value in the available series was 18.4% in 2017; the latest (2024) value is 14.4%.
How recent is the formal borrowing data for Indonesia?
The most recent observation is from 2024. World Bank Global Findex data is reported with a lag, so 2024 is the latest available year for Indonesia.
Where does the formal borrowing data for Indonesia come from?
The data comes from the World Bank Global Findex (indicator fin22a). The latest observation for Indonesia is from 2024; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank Global Findex, indicator
fin22a, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .