External debt stocks, public and publicly guaranteed (PPG) in Iraq
Iraq: External debt stocks, public and publicly guaranteed (PPG) was 12.93 billion DOD, current US$ in 2024. ▼ Falling
External debt stocks, public and publicly guaranteed (PPG) in Iraq, 2015–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Iraq recorded 12.93 billion DOD, current US$ for external debt stocks, public and publicly guaranteed (ppg) in 2024. That is the lowest value across all 10 years on record.
The figure is down 17.6% on the previous year and down 16.8% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) in Iraq peaked at 22.80 billion DOD, current US$ in 2020 and was at its lowest, 12.93 billion DOD, current US$, in 2024.
That places Iraq 46th out of 123 countries with data for 2024, putting it in the middle of the range.
External debt stocks, public and publicly guaranteed (PPG) in Iraq, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 2015 | 15.55 billion DOD, current US$ | — |
| 2016 | 18.15 billion DOD, current US$ | +16.7% |
| 2017 | 21.98 billion DOD, current US$ | +21.1% |
| 2018 | 22.48 billion DOD, current US$ | +2.3% |
| 2019 | 22.71 billion DOD, current US$ | +1.0% |
| 2020 | 22.80 billion DOD, current US$ | +0.4% |
| 2021 | 20.61 billion DOD, current US$ | -9.6% |
| 2022 | 17.94 billion DOD, current US$ | -13.0% |
| 2023 | 15.69 billion DOD, current US$ | -12.5% |
| 2024 | 12.93 billion DOD, current US$ | -17.6% |
Iraq compared with similar countries
- Iraq's 12.93 billion DOD, current US$ is above the median for upper middle income countries, which is 9.67 billion DOD, current US$, 1.3× the median. (52 countries reporting)
- Iraq's 12.93 billion DOD, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 12.93 billion DOD, current US$, 1.0× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 20.17 billion DOD, current US$ | 15.55 billion DOD, current US$ | 22.71 billion DOD, current US$ | 5 |
| 2020s | 17.99 billion DOD, current US$ | 12.93 billion DOD, current US$ | 22.80 billion DOD, current US$ | 5 |
Countries ranked near Iraq
More external debt data for Iraq
- Public and publicly guaranteed debt service 1.2% (2024)
- Net financial flows, IDA -16.46 million NFL, current US$ (2024)
- 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, IBRD -255.68 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 2.8% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre -37.71 NFL, current US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), annual growth rate -0.5069 % change on previous year (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate -65.2 % change on previous year (2024)
- Other investment, Debt instruments 30.91 billion US dollar (2014)
Frequently asked questions
- What is external debt stocks, public and publicly guaranteed (ppg) in Iraq?
- External debt stocks, public and publicly guaranteed (ppg) in Iraq was 12.93 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, public and publicly guaranteed (ppg) recorded in Iraq?
- The highest recorded value was 22.80 billion DOD, current US$ in 2020.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) recorded in Iraq?
- The lowest recorded value was 12.93 billion DOD, current US$ in 2024.
- How does Iraq rank for external debt stocks, public and publicly guaranteed (ppg)?
- Iraq ranks 46th out of 123 countries with data for 2024.
- Is external debt stocks, public and publicly guaranteed (ppg) rising or falling in Iraq?
- Over the last ten years it is down 16.8%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars.