The aim of ihis research was to identify the influence of inflation and deposit rate on the balance of paymenl by Indonesia. The research results show that Indonesia balance of paymenl in the period of 1995-2009 fluctuated. Deficits accurred in 1998, 2001 and 2008 whereas in other years of the period surplus accurred. The 2008 deficit hit Indonesia due to the global economic crisis that caused …