No.28/128/DKom
As a measure of liquidity in the economy, broad money growth accelerated in May 2026. M2 growth in May 2026 accelerated to 10.8% (yoy) from 9.2% (yoy) in April 2026, thus reaching a position of Rp10,415.9 trillion. By component, the latest M2 developments were driven by growth of narrow money (M1) at 15.3% (yoy) and quasi-money at 6.0% (yoy).
M2 developments[1] in May 2026 were primarily influenced by disbursed loans and net foreign assets (NFA). Disbursed loans in May 2026 grew by 10.8% (yoy), an increase compared to the growth in April 2026 of 9.4% (yoy).[2] Meanwhile, NFA posted 5.2% (yoy) growth in the reporting period, accelerating from 3.7% (yoy) in April 2026.
More information on statistics concerning broad money as well as relevant analyses are accessible via this link.
Jakarta, 23rd June 2026
Communication Department
Ramdan Denny Prakoso
Executive Director
[1] Adjusted Base Money (Adjusted M0) development can be read at the following link.
[2] Disbursed loans are limited to loans and exclude loan-type financial instruments, such as debt securities, banker's acceptances, and repo claims. In addition, disbursed loans also exclude loans disbursed by offshore branches of locally incorporated commercial banks as well as loans extended to the central government and non-residents.
