Observers generally characterize Indonesia's foreign policy as non‐aligned, hedging between the great powers. Indeed, Indonesian noncommittal behavior and seeming disinterest in regional power politics appear at odds for a country of that size. To explain that puzzle, I apply the concept of offshore balancer, traditionally used to describe British and US foreign policy. An offshore balancer is a state separated from continental politics by a body of water. Theory predicts that an offshore balancer will generally avoid continental commitments when the balance of power is stable. However, it will join the power competition fray if a threatening potential hegemon arises. Offshore balancers turn aggressive only if continental states are so weak that crossing the sea and expanding onshore becomes easy. First, I present the concept and its importance and justify its generalizability through a short overview of American, British, and Japanese foreign policies. Second, I review Indonesian history to check whether its behavior corresponds to that of an offshore balancer. Finally, I lay out what offshore balancing implies for understanding Indonesian foreign policy and its future.