Debt service on external debt, public and publicly guaranteed … PPG in Iraq
Iraq: Debt service on external debt, public and publicly guaranteed … PPG was 3.24 billion TDS, current US$ in 2024. ▲ Rising
Debt service on external debt, public and publicly guaranteed (PPG) in Iraq, 2015–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Iraq stood at 3.24 billion TDS, current US$.
That represents a change of down 24.5% on the previous year and up 152.8% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Iraq peaked at 4.30 billion TDS, current US$ in 2023 and was at its lowest, 1.27 billion TDS, current US$, in 2016.
Iraq ranks 32nd of 123 countries on this measure, in the middle of the range.
Debt service on external debt, public and publicly guaranteed … PPG in Iraq, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 2015 | 1.28 billion TDS, current US$ | — |
| 2016 | 1.27 billion TDS, current US$ | -0.9% |
| 2017 | 1.41 billion TDS, current US$ | +10.6% |
| 2018 | 1.77 billion TDS, current US$ | +25.7% |
| 2019 | 1.93 billion TDS, current US$ | +9.2% |
| 2020 | 2.79 billion TDS, current US$ | +44.4% |
| 2021 | 3.12 billion TDS, current US$ | +12.1% |
| 2022 | 4.24 billion TDS, current US$ | +35.7% |
| 2023 | 4.30 billion TDS, current US$ | +1.4% |
| 2024 | 3.24 billion TDS, current US$ | -24.5% |
Iraq compared with similar countries
- Iraq's 3.24 billion TDS, current US$ is above the median for upper middle income countries, which is 1.13 billion TDS, current US$, 2.9× the median. (52 countries reporting)
- Iraq's 3.24 billion TDS, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 176.46 million TDS, current US$, 18.4× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.53 billion TDS, current US$ | 1.27 billion TDS, current US$ | 1.93 billion TDS, current US$ | 5 |
| 2020s | 3.54 billion TDS, current US$ | 2.79 billion TDS, current US$ | 4.30 billion TDS, current US$ | 5 |
Countries ranked near Iraq
- 29 Thailand 3.50 billion TDS, current US$ compare
- 30 Tunisia 3.41 billion TDS, current US$ compare
- 31 Azerbaijan 3.31 billion TDS, current US$ compare
- 33 El Salvador 3.06 billion TDS, current US$ compare
- 34 Sri Lanka 2.72 billion TDS, current US$ compare
- 35 Bulgaria 2.25 billion TDS, current US$ compare
More external debt data for Iraq
- Net financial flows, IBRD -258.02 million NFL, current US$ (2025)
- Net financial flows, IDA (NFL, current US$), per capita -0.3574 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre -37.71 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 3.74 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 13.14 billion DOD, current US$ (2025)
- External debt stocks, long-term 13.44 billion DOD, current US$ (2025)
- External debt stocks, short-term 1.54 billion DOD, current US$ (2025)
- Short-term debt 8.2% (2025)
- Net financial flows, IDA (NFL, current US$), annual growth rate -0.5069 % change on previous year (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Iraq?
- Debt service on external debt, public and publicly guaranteed (ppg) in Iraq was 3.24 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Iraq?
- The highest recorded value was 4.30 billion TDS, current US$ in 2023.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Iraq?
- The lowest recorded value was 1.27 billion TDS, current US$ in 2016.
- How does Iraq rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Iraq ranks 32nd out of 123 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Iraq?
- Over the last ten years it is up 152.8%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.