Public and publicly guaranteed debt service in Iraq
Iraq: Public and publicly guaranteed debt service was 1.2% in 2024. ▲ Rising
Public and publicly guaranteed debt service in Iraq, 2015–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, public and publicly guaranteed debt service in Iraq stood at 1.2%.
Compared with earlier readings it is down 27.5% on the previous year and up 48.7% over ten years.
Over the whole period, public and publicly guaranteed debt service in Iraq peaked at 1.6% in 2023 and was at its lowest, 0.8%, in 2017.
Iraq ranks 89th of 123 countries on this measure, in the middle of the range.
Public and publicly guaranteed debt service in Iraq, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2015 | 0.8% | — |
| 2016 | 0.8% | -0.9% |
| 2017 | 0.8% | -1.7% |
| 2018 | 0.8% | +3.5% |
| 2019 | 0.8% | +6.0% |
| 2020 | 1.6% | +87.4% |
| 2021 | 1.5% | -3.3% |
| 2022 | 1.5% | -1.7% |
| 2023 | 1.6% | +7.6% |
| 2024 | 1.2% | -27.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8% | 0.8% | 0.8% | 5 |
| 2020s | 1.5% | 1.2% | 1.6% | 5 |
Countries ranked near Iraq
- 86 Cambodia 1.2% compare
- 87 Mali 1.2% compare
- 88 Madagascar 1.2% compare
- 90 Timor-Leste 1.1% compare
- 91 Vanuatu 1.1% compare
- 92 Bangladesh 1.1% compare
More external debt data for Iraq
- 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)
- Use of IMF credit 3.56 billion DOD, current US$ (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Iraq?
- Public and publicly guaranteed debt service in Iraq was 1.2% 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 1.6% in 2023.
- What is the lowest public and publicly guaranteed debt service recorded in Iraq?
- The lowest recorded value was 0.8% in 2017.
- How does Iraq rank for public and publicly guaranteed debt service?
- Iraq ranks 89th out of 123 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 48.7%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.