FX.co ★ Indonesia Loan Growth Accelerates in July, Topping 13% YoY

Indonesia’s loan growth continued to strengthen in July 2026, signaling sustained credit expansion in Southeast Asia’s largest economy. The annual growth rate of loans rose to 13.58% year-over-year, up from 12.67% in June 2026.

The data, updated on 19 August 2026, show that the July figure represents a faster pace of lending compared to the same month a year earlier, and also an acceleration versus June’s year-over-year growth. The “actual” indicator reflects the change in loans for July 2026 relative to July 2025, while the “previous” indicator captures the change in June 2026 versus June 2025.

The pickup in loan growth suggests improving credit demand and potentially stronger economic activity, with banks expanding their lending portfolios more rapidly than in the prior month on a year-over-year basis.