Central Bank RatesIndonesia: central bank policy rate
Last updated:
Last 2 years (daily values)
Policy rate since 2000 (month-end values)
All changes since 2000
| Date | From | To | Change |
|---|---|---|---|
| Jun 18, 2026 | 5.50% | 5.75% | hike +25 bp |
| Jun 9, 2026 | 5.25% | 5.50% | hike +25 bp |
| May 20, 2026 | 4.75% | 5.25% | hike +50 bp |
| Sep 17, 2025 | 5.00% | 4.75% | cut -25 bp |
| Aug 20, 2025 | 5.25% | 5.00% | cut -25 bp |
| Jul 16, 2025 | 5.50% | 5.25% | cut -25 bp |
| May 21, 2025 | 5.75% | 5.50% | cut -25 bp |
| Jan 15, 2025 | 6.00% | 5.75% | cut -25 bp |
| Sep 18, 2024 | 6.25% | 6.00% | cut -25 bp |
| Apr 24, 2024 | 6.00% | 6.25% | hike +25 bp |
| Oct 19, 2023 | 5.75% | 6.00% | hike +25 bp |
| Jan 19, 2023 | 5.50% | 5.75% | hike +25 bp |
| Dec 22, 2022 | 5.25% | 5.50% | hike +25 bp |
| Nov 17, 2022 | 4.75% | 5.25% | hike +50 bp |
| Oct 20, 2022 | 4.25% | 4.75% | hike +50 bp |
| Sep 22, 2022 | 3.75% | 4.25% | hike +50 bp |
| Aug 23, 2022 | 3.50% | 3.75% | hike +25 bp |
| Feb 18, 2021 | 3.75% | 3.50% | cut -25 bp |
| Nov 19, 2020 | 4.00% | 3.75% | cut -25 bp |
| Jul 16, 2020 | 4.25% | 4.00% | cut -25 bp |
| Jun 18, 2020 | 4.50% | 4.25% | cut -25 bp |
| Mar 19, 2020 | 4.75% | 4.50% | cut -25 bp |
| Feb 20, 2020 | 5.00% | 4.75% | cut -25 bp |
| Oct 24, 2019 | 5.25% | 5.00% | cut -25 bp |
| Sep 19, 2019 | 5.50% | 5.25% | cut -25 bp |
| Aug 22, 2019 | 5.75% | 5.50% | cut -25 bp |
| Jul 18, 2019 | 6.00% | 5.75% | cut -25 bp |
| Nov 15, 2018 | 5.75% | 6.00% | hike +25 bp |
| Sep 27, 2018 | 5.50% | 5.75% | hike +25 bp |
| Aug 15, 2018 | 5.25% | 5.50% | hike +25 bp |
| Jun 29, 2018 | 4.75% | 5.25% | hike +50 bp |
| May 30, 2018 | 4.50% | 4.75% | hike +25 bp |
| May 17, 2018 | 4.25% | 4.50% | hike +25 bp |
| Sep 22, 2017 | 4.50% | 4.25% | cut -25 bp |
| Aug 22, 2017 | 4.75% | 4.50% | cut -25 bp |
| Oct 20, 2016 | 5.00% | 4.75% | cut -25 bp |
| Sep 22, 2016 | 5.25% | 5.00% | cut -25 bp |
| Aug 19, 2016 | 6.50% | 5.25% | cut -125 bp |
| Jun 16, 2016 | 6.75% | 6.50% | cut -25 bp |
| Mar 17, 2016 | 7.00% | 6.75% | cut -25 bp |
| Feb 18, 2016 | 7.25% | 7.00% | cut -25 bp |
| Jan 14, 2016 | 7.50% | 7.25% | cut -25 bp |
| Feb 17, 2015 | 7.75% | 7.50% | cut -25 bp |
| Dec 1, 2014 | 7.50% | 7.75% | hike +25 bp |
| Nov 25, 2014 | 7.75% | 7.50% | cut -25 bp |
| Nov 18, 2014 | 7.50% | 7.75% | hike +25 bp |
| Nov 12, 2013 | 7.25% | 7.50% | hike +25 bp |
| Sep 12, 2013 | 7.00% | 7.25% | hike +25 bp |
| Aug 29, 2013 | 6.50% | 7.00% | hike +50 bp |
| Jul 11, 2013 | 6.00% | 6.50% | hike +50 bp |
| Jun 13, 2013 | 5.75% | 6.00% | hike +25 bp |
| Feb 9, 2012 | 6.00% | 5.75% | cut -25 bp |
| Nov 10, 2011 | 6.50% | 6.00% | cut -50 bp |
| Oct 11, 2011 | 6.75% | 6.50% | cut -25 bp |
| Feb 4, 2011 | 6.50% | 6.75% | hike +25 bp |
| Aug 5, 2009 | 6.75% | 6.50% | cut -25 bp |
| Jul 3, 2009 | 7.00% | 6.75% | cut -25 bp |
| Jun 3, 2009 | 7.25% | 7.00% | cut -25 bp |
| May 5, 2009 | 7.50% | 7.25% | cut -25 bp |
| Apr 3, 2009 | 7.75% | 7.50% | cut -25 bp |
| Mar 4, 2009 | 8.25% | 7.75% | cut -50 bp |
| Feb 4, 2009 | 8.75% | 8.25% | cut -50 bp |
| Jan 7, 2009 | 9.25% | 8.75% | cut -50 bp |
| Dec 4, 2008 | 9.50% | 9.25% | cut -25 bp |
| Oct 7, 2008 | 9.25% | 9.50% | hike +25 bp |
| Sep 4, 2008 | 9.00% | 9.25% | hike +25 bp |
| Aug 5, 2008 | 8.75% | 9.00% | hike +25 bp |
| Jul 3, 2008 | 8.50% | 8.75% | hike +25 bp |
| Jun 5, 2008 | 8.25% | 8.50% | hike +25 bp |
| May 6, 2008 | 8.00% | 8.25% | hike +25 bp |
| Dec 6, 2007 | 8.25% | 8.00% | cut -25 bp |
| Jul 5, 2007 | 8.50% | 8.25% | cut -25 bp |
| Jun 7, 2007 | 8.75% | 8.50% | cut -25 bp |
| May 8, 2007 | 9.00% | 8.75% | cut -25 bp |
| Mar 6, 2007 | 9.25% | 9.00% | cut -25 bp |
| Feb 6, 2007 | 9.50% | 9.25% | cut -25 bp |
| Jan 4, 2007 | 9.75% | 9.50% | cut -25 bp |
| Dec 7, 2006 | 10.25% | 9.75% | cut -50 bp |
| Nov 7, 2006 | 10.75% | 10.25% | cut -50 bp |
| Oct 5, 2006 | 11.25% | 10.75% | cut -50 bp |
| Sep 5, 2006 | 11.75% | 11.25% | cut -50 bp |
| Aug 8, 2006 | 12.25% | 11.75% | cut -50 bp |
| Jul 6, 2006 | 12.50% | 12.25% | cut -25 bp |
| May 9, 2006 | 12.75% | 12.50% | cut -25 bp |
| Dec 6, 2005 | 12.25% | 12.75% | hike +50 bp |
| Nov 1, 2005 | 11.00% | 12.25% | hike +125 bp |
| Oct 4, 2005 | 10.00% | 11.00% | hike +100 bp |
| Sep 6, 2005 | 8.75% | 10.00% | hike +125 bp |
| Aug 9, 2005 | 8.50% | 8.75% | hike +25 bp |
Which rate is shown (BIS notes, in English)
From 19 Aug 2016 onwards: 7 day reverse repo rate; from 5 Jul 2005 to 18 Aug 2016: official base rate (BI rate).
The rate shift from 6.5% to 5.25% on 19 Aug 2016 does not represent a cut in the policy rate (i.e. loosened monetary policy). On this date, Bank Indonesia (BI) changed the policy rate from BI rate to the BI-7 day reverse repo rate. The BI rate is the weighted average of the 12 month rate of monetary operation instruments auctioned in the market. The BI-7 day reverse repo rate has a stronger relationship with the short term money market rate.
Changes by year
Method
We download the BIS daily policy-rate series (WS_CBPOL). A change is recorded on the first day the published value differs from the previous day's value. Series that ended (for example euro area members before joining the euro) are not listed. bp = basis points (0.01 percentage point).
About this page
The policy rate of Indonesia is 5.75% (BIS data as of Oct 5, 2026).