Services, Debit/Expenditure in Iraq
Iraq: Services, Debit/Expenditure was 30.22 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Iraq, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in Iraq is 30.22 billion, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 19.8% on the previous year and up 60.6% over ten years.
Over the whole period, services, debit/expenditure in Iraq peaked at 30.22 billion in 2024 and was at its lowest, 4.87 billion, in 2007.
That places Iraq 41st out of 198 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 6.09 billion | — |
| 2006 | 5.49 billion | -9.9% |
| 2007 | 4.87 billion | -11.4% |
| 2008 | 7.57 billion | +55.6% |
| 2009 | 8.56 billion | +13.1% |
| 2010 | 9.86 billion | +15.2% |
| 2011 | 11.12 billion | +12.8% |
| 2012 | 13.29 billion | +19.5% |
| 2013 | 17.55 billion | +32.1% |
| 2014 | 18.82 billion | +7.2% |
| 2015 | 17.81 billion | -5.3% |
| 2016 | 15.04 billion | -15.6% |
| 2017 | 16.27 billion | +8.2% |
| 2018 | 18.00 billion | +10.6% |
| 2019 | 22.86 billion | +27.0% |
| 2020 | 13.82 billion | -39.6% |
| 2021 | 15.99 billion | +15.7% |
| 2022 | 22.25 billion | +39.2% |
| 2023 | 25.23 billion | +13.4% |
| 2024 | 30.22 billion | +19.8% |
Iraq compared with similar countries
- Iraq's 30.22 billion is above the median for upper middle income countries, which is 4.11 billion, 7.4× the median. (54 countries reporting)
- Iraq's 30.22 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 11.77 billion, 2.6× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.52 billion | 4.87 billion | 8.56 billion | 5 |
| 2010s | 16.06 billion | 9.86 billion | 22.86 billion | 10 |
| 2020s | 21.50 billion | 13.82 billion | 30.22 billion | 5 |
Countries ranked near Iraq
More trade data for Iraq
- Commodity Net Export Price Index, Individual Commodities Weighted by 67.56 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 81.89 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 81.25 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 61.77 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.46 (2025)
- Extensive Margin, Theil index 2 (2014)
- Export Diversification, Theil index 6.4 (2014)
- Intensive Margin, Theil index 4.4 (2014)
- Total current account debit/expenditure, Debit/Expenditure 108.70 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in Iraq?
- Services, debit/expenditure in Iraq was 30.22 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Iraq?
- The highest recorded value was 30.22 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Iraq?
- The lowest recorded value was 4.87 billion in 2007.
- How does Iraq rank for services, debit/expenditure?
- Iraq ranks 41st out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Iraq?
- Over the last ten years it is up 60.6%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.