Public and publicly guaranteed debt service (% of exports of goods) in Iraq
Iraq: Public and publicly guaranteed debt service (% of exports of goods) was 2.8% in 2024. ▲ Rising
Public and publicly guaranteed debt service in Iraq, 2015–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Iraq recorded 2.8% for public and publicly guaranteed debt service in 2024.
The figure is down 26.7% on the previous year and up 23.7% over ten years.
Over the whole period, public and publicly guaranteed debt service in Iraq peaked at 5.4% in 2020 and was at its lowest, 1.9%, in 2018.
Iraq ranks 103rd of 120 countries on this measure, in the bottom quarter.
Public and publicly guaranteed debt service (% of exports of goods) in Iraq, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 2015 | 2.3% | — |
| 2016 | 2.7% | +19.1% |
| 2017 | 2.2% | -18.7% |
| 2018 | 1.9% | -13.4% |
| 2019 | 2.1% | +12.2% |
| 2020 | 5.4% | +153.8% |
| 2021 | 4.0% | -26.6% |
| 2022 | 3.3% | -16.9% |
| 2023 | 3.8% | +15.9% |
| 2024 | 2.8% | -26.7% |
Iraq compared with similar countries
- Iraq's 2.8% is below the median for upper middle income countries, which is 7.4%, 38% of the median. (51 countries reporting)
- Iraq's 2.8% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 8.6%, 33% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.2% | 1.9% | 2.7% | 5 |
| 2020s | 3.9% | 2.8% | 5.4% | 5 |
Countries ranked near Iraq
- 100 East Timor 2.8% compare
- 101 Guinea 2.8% compare
- 102 Central African Republic 2.8%
- 104 Eritrea 2.8%
- 105 Liberia 2.4% compare
- 106 Djibouti 2.0% 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 public and publicly guaranteed debt service in Iraq?
- Public and publicly guaranteed debt service in Iraq was 2.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Iraq?
- The highest recorded value was 5.4% in 2020.
- What is the lowest public and publicly guaranteed debt service recorded in Iraq?
- The lowest recorded value was 1.9% in 2018.
- How does Iraq rank for public and publicly guaranteed debt service?
- Iraq ranks 103rd out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Iraq?
- Over the last ten years it is up 23.7%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. 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. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.