Multilateral debt service in Iraq
Iraq: Multilateral debt service was 17.4% in 2024. ▲ Rising
Multilateral debt service in Iraq, 2015–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
Iraq recorded 17.4% for multilateral debt service in 2024. That is the highest value across all 10 years on record.
That represents a change of up 43.3% on the previous year and up 380.5% over ten years.
Over the whole period, multilateral debt service in Iraq peaked at 17.4% in 2024 and was at its lowest, 3.6%, in 2015.
That places Iraq 103rd out of 123 countries with data for 2024, putting it in the bottom quarter.
Multilateral debt service in Iraq, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 2015 | 3.6% | — |
| 2016 | 5.2% | +44.0% |
| 2017 | 7.7% | +46.4% |
| 2018 | 8.0% | +5.1% |
| 2019 | 9.4% | +16.6% |
| 2020 | 5.7% | -39.3% |
| 2021 | 6.8% | +19.4% |
| 2022 | 8.8% | +28.9% |
| 2023 | 12.2% | +39.0% |
| 2024 | 17.4% | +43.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.8% | 3.6% | 9.4% | 5 |
| 2020s | 10.2% | 5.7% | 17.4% | 5 |
Countries ranked near Iraq
- 100 Serbia 18.7% compare
- 101 Montenegro 18.1% compare
- 102 Mozambique 18.1% compare
- 104 Lao People's Democratic Republic 16.9% compare
- 105 Colombia 15.9% compare
- 106 Turkmenistan 15.6% 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 multilateral debt service in Iraq?
- Multilateral debt service in Iraq was 17.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Iraq?
- The highest recorded value was 17.4% in 2024.
- What is the lowest multilateral debt service recorded in Iraq?
- The lowest recorded value was 3.6% in 2015.
- How does Iraq rank for multilateral debt service?
- Iraq ranks 103rd out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Iraq?
- Over the last ten years it is up 380.5%. 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 Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. 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.