Financial account balance (assets less liabilities), Net (net) in Iraq
Iraq: Financial account balance (assets less liabilities), Net (net) was 691.68 million in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Iraq, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, financial account balance (assets less liabilities), net (net) in Iraq stood at 691.68 million.
Compared with earlier readings it is down 97.3% on the previous year and up 116.0% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Iraq peaked at 54.99 billion in 2022 and was at its lowest, -16.95 billion, in 2015.
That places Iraq 58th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 17.60 billion | — |
| 2006 | 21.24 billion | +20.7% |
| 2007 | 12.53 billion | -41.0% |
| 2008 | 19.64 billion | +56.7% |
| 2009 | -8.91 billion | -145.4% |
| 2010 | -2.64 billion | -70.4% |
| 2011 | 22.40 billion | -949.4% |
| 2012 | 25.43 billion | +13.5% |
| 2013 | 4.21 billion | -83.4% |
| 2014 | -4.32 billion | -202.4% |
| 2015 | -16.95 billion | +292.9% |
| 2016 | -2.85 billion | -83.2% |
| 2017 | 6.29 billion | -320.9% |
| 2018 | 22.14 billion | +252.2% |
| 2019 | 11.95 billion | -46.0% |
| 2020 | -6.11 billion | -151.1% |
| 2021 | 23.72 billion | -488.6% |
| 2022 | 54.99 billion | +131.8% |
| 2023 | 25.97 billion | -52.8% |
| 2024 | 691.68 million | -97.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.42 billion | -8.91 billion | 21.24 billion | 5 |
| 2010s | 6.57 billion | -16.95 billion | 25.43 billion | 10 |
| 2020s | 19.86 billion | -6.11 billion | 54.99 billion | 5 |
Countries ranked near Iraq
- 55 Syrian Arab Republic 824.36 million compare
- 56 Latvia 822.40 million compare
- 57 South Sudan 769.25 million compare
- 59 Andorra 687.68 million compare
- 60 Afghanistan 624.21 million compare
- 61 Gabon 585.02 million compare
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 financial account balance (assets less liabilities), net (net) in Iraq?
- Financial account balance (assets less liabilities), net (net) in Iraq was 691.68 million in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Iraq?
- The highest recorded value was 54.99 billion in 2022.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Iraq?
- The lowest recorded value was -16.95 billion in 2015.
- How does Iraq rank for financial account balance (assets less liabilities), net (net)?
- Iraq ranks 58th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Iraq?
- Over the last ten years it is up 116.0%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (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.