Total current account debit/expenditure, Debit/Expenditure in Iraq
Iraq: Total current account debit/expenditure, Debit/Expenditure was 108.70 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Iraq, 2005–2024
Source: International Monetary Fund.
Analysis
Iraq recorded 108.70 billion for total current account debit/expenditure, debit/expenditure in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 26.6% on the previous year and up 46.7% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Iraq peaked at 108.70 billion in 2024 and was at its lowest, 28.41 billion, in 2007.
Iraq ranks 47th of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 32.80 billion | — |
| 2006 | 31.10 billion | -5.2% |
| 2007 | 28.41 billion | -8.7% |
| 2008 | 41.17 billion | +44.9% |
| 2009 | 46.41 billion | +12.7% |
| 2010 | 50.43 billion | +8.7% |
| 2011 | 57.92 billion | +14.9% |
| 2012 | 69.99 billion | +20.8% |
| 2013 | 78.48 billion | +12.1% |
| 2014 | 74.12 billion | -5.6% |
| 2015 | 60.59 billion | -18.2% |
| 2016 | 46.40 billion | -23.4% |
| 2017 | 50.82 billion | +9.5% |
| 2018 | 60.70 billion | +19.4% |
| 2019 | 76.87 billion | +26.6% |
| 2020 | 59.28 billion | -22.9% |
| 2021 | 55.82 billion | -5.8% |
| 2022 | 72.27 billion | +29.5% |
| 2023 | 85.84 billion | +18.8% |
| 2024 | 108.70 billion | +26.6% |
Iraq compared with similar countries
- Iraq's 108.70 billion is above the median for upper middle income countries, which is 22.86 billion, 4.8× the median. (54 countries reporting)
- Iraq's 108.70 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 64.90 billion, 1.7× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.98 billion | 28.41 billion | 46.41 billion | 5 |
| 2010s | 62.63 billion | 46.40 billion | 78.48 billion | 10 |
| 2020s | 76.38 billion | 55.82 billion | 108.70 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)
- Goods, Debit/Expenditure 74.30 billion (2024)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Iraq?
- Total current account debit/expenditure, debit/expenditure in Iraq was 108.70 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Iraq?
- The highest recorded value was 108.70 billion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Iraq?
- The lowest recorded value was 28.41 billion in 2007.
- How does Iraq rank for total current account debit/expenditure, debit/expenditure?
- Iraq ranks 47th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Iraq?
- Over the last ten years it is up 46.7%. 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 Total current account debit/expenditure, 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.