Regress: Journal of Economics & Management
Vol. 5 No. 1 (2025)

Hubungan antara Produk Domestik Bruto, Ekspor, dan Impor dengan Utang Luar Negeri Indonesia: Studi Kasus 2010-2022

Isra (Universitas Teuku Umar)
Muzakir (Universitas Teuku Umar)



Article Info

Publish Date
15 May 2026

Abstract

This study examines the relationship between Gross Domestic Product (GDP), exports, and imports and Indonesia’s external debt during the 2010–2022 period. The research was motivated by the increasing dynamics of Indonesia’s foreign debt and the need to understand the extent to which macroeconomic variables contribute to debt accumulation. The study addresses the question of how GDP, exports, and imports influence Indonesia’s external debt, both individually and collectively. A quantitative approach was employed using secondary data and multiple linear regression analysis to evaluate the effect of the independent variables on external debt. The findings reveal that GDP exerts a positive and significant effect on Indonesia’s external debt, indicating that economic growth is accompanied by an increase in borrowing activities. Exports demonstrate a negative and significant effect, suggesting that higher export performance contributes to reducing dependence on foreign debt. In contrast, imports do not show a significant influence on external debt accumulation. The study concludes that strengthening export performance and maintaining sustainable economic growth are essential strategies for improving debt management and supporting national economic stability.

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Journal Info

Abbrev

REG

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Regress: Journal of Economics & Management is a peer-reviewed journal published by the Medan Resource Center. The journal aims to advance theoretical and practical knowledge by promoting high-quality research and providing a platform for researchers, academicians, and practitioners to share their ...