Will Fitch Ratings downgrade Indonesia's sovereign credit rating from 'BBB' on or before December 31, 2024?

A 'tightening grip' by Prabowo could signal policy uncertainty or a shift away from market-friendly reforms, potentially prompting a review by credit rating agencies. A 'sell Indonesia' sentiment could also be a precursor to concerns about fiscal discipline or economic stability. Fitch last affirmed Indonesia's rating in March 2024.

Implied probability (Yes)

25%

Closes

2026-09-03