No.28/85/DKom
As a measure of liquidity in the economy, broad money (M2) growth accelerated in March 2026. M2 growth in March 2026 accelerated to 9.7%(yoy) from 8.7%(yoy) in February 2026, thus reaching a position of Rp10,355.1 trillion. By component, the latest M2 developments were driven by growth of narrow money (M1) at 14.4% (yoy) and quasi-money at 5.2% (yoy).
M2 developments[1] in March 2026 were primarily influenced by net claims on central government (NCG) and disbursed loans. NCG in the reporting period posted 39.2% (yoy) growth, accelerating from 25.6% (yoy) in February 2026. Meanwhile, disbursed loans in March 2026 grew by 8.9% (yoy), remaining stable compared to the growth recorded in February 2026[2].
More information on statistics concerning broad money as well as relevant analyses are accessible via this link.
Jakarta, 23th April 2026
Communication Department
Anton Pitono
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.
