Gulf Cooperation Council (GCC) vs Iraq: Imports of goods and services, US dollar (Balance of Payments and)
Imports of goods and services, US dollar (Balance of Payments and) over time
- Gulf Cooperation Council (GCC)
- Iraq
How they compare
Gulf Cooperation Council (GCC) currently reports 1.60 trillion against 121.16 billion in Iraq, a difference of 1.47 trillion.
That makes Gulf Cooperation Council (GCC)'s figure about 13.2 times Iraq's.
Across all 27 years both countries report, Gulf Cooperation Council (GCC) has been ahead every year.
Gulf Cooperation Council (GCC) ranks 4th and Iraq ranks 6th of 13 groups.
Gulf Cooperation Council (GCC) has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Gulf Cooperation Council (GCC) | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 350.75 billion | 33.16 billion | 317.58 billion | Gulf Cooperation Council (GCC) |
| 2010s | 672.69 billion | 64.81 billion | 607.88 billion | Gulf Cooperation Council (GCC) |
| 2020s | 1.09 trillion | 95.09 billion | 991.24 billion | Gulf Cooperation Council (GCC) |
| 2030s | 1.60 trillion | 121.16 billion | 1.47 trillion | Gulf Cooperation Council (GCC) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods and services, us dollar (balance of payments and), Gulf Cooperation Council (GCC) or Iraq?
- Gulf Cooperation Council (GCC), at 1.60 trillion against 121.16 billion in Iraq as of 2030.
- What is the difference in imports of goods and services, us dollar (balance of payments and) between Gulf Cooperation Council (GCC) and Iraq?
- 1.47 trillion, with Gulf Cooperation Council (GCC) ahead.
- How many years of comparable data are there for Gulf Cooperation Council (GCC) and Iraq?
- 27 years are reported by both, from 2004 to 2030.
- How do Gulf Cooperation Council (GCC) and Iraq rank globally for imports of goods and services, us dollar (balance of payments and)?
- Gulf Cooperation Council (GCC) ranks 4th and Iraq ranks 6th of 13 groups.
- Where does this data come from?
- International Monetary Fund, published as Imports of goods and services, US dollar (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Middle East and Central Asia Department Regional Economic Outlook (MCDREO) provides information on recent economic developments and prospects for 32 countries and territories: Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Islamic Republic of Iran, Iraq, Jordan, Kazakhstan, Kuwait, Kyrgyz Republic, Lebanon, Libya, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Syrian Arab Republic, Tajikistan, Tunisia, Turkmenistan, United Arab Emirates, Uzbekistan, West Bank and Gaza, and Yemen. These countries and territories are divided into two main nonoverlapping groups, based on export earnings, namely (1) oil exporters; and (2) oil importers. The oil importers group comprises (1) emerging market and middle-income countries (EM&MI) and (2) low-income countries (LICs) based on the income level. Additional analytical and regional groups might be used to provide a more granular breakdown for analysis and continuity.