Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)

Analysis of the Influence of Inflation, GDP, Import, and Interest Rate on Indonesia’s Foreign Debt, 2000–2019

Authors
Septian Dwi Suryo Kusumo1, Didit Purnomo1, *
1Faculty Economics and Business, Universitas Muhammadiyah Surakarta, Surakarta, Indonesia
*Corresponding author. Email: dp274@ums.ac.id
Corresponding Author
Didit Purnomo
Available Online 4 October 2023.
DOI
10.2991/978-94-6463-204-0_22How to use a DOI?
Keywords
Inflation; GDP; Import; BI Interest Rate; Foreign Debt
Abstract

The object of this research is Indonesia’s foreign debt. This study analyzes the effect of inflation, GDP, imports, and BI interest rates on Indonesia’s foreign debt. The data used by the author in this study is secondary data in the form of time series data from 2000 to 2019 obtained from the World Bank and the Central Bureau of Statistics (BPS). The quantitative analysis method used is ordinary least squares (OLS) data analysis, which treats Indonesia’s foreign debt as the dependent variable and inflation, GDP, imports, and BI interest rates as independent variables. Based on the analysis, it is known that GDP and imports have a significant effect on foreign debt. Meanwhile, inflation and BI interest rates do not significantly affect foreign debt.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2023
ISBN
978-94-6463-204-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-204-0_22How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Septian Dwi Suryo Kusumo
AU  - Didit Purnomo
PY  - 2023
DA  - 2023/10/04
TI  - Analysis of the Influence of Inflation, GDP, Import, and Interest Rate on Indonesia’s Foreign Debt, 2000–2019
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
PB  - Atlantis Press
SP  - 251
EP  - 261
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-204-0_22
DO  - 10.2991/978-94-6463-204-0_22
ID  - Kusumo2023
ER  -