The total debt of Indonesia is $428.8 billion as of September 2018, according to the World Bank. This amounts to about 33 percent of the country’s GDP. About two-thirds of the debt is owed by the government, while the remainder is owed by the private sector.
The largest share of the debt is in the form of external debt, which is money owed to foreign creditors. This debt totals $269.5 billion, or 63 percent of the total debt. Indonesia has …