Iraq vs Russian Federation: Current account balance as a share of GDP

Iraq
3.0%
in 2024
Russian Federation
2.9%
in 2024
Iraq rank
53rd
Russian Federation rank
54th

Current account balance as a share of GDP over time

  • Iraq
  • Russian Federation
-1001020200020122024

How they compare

Iraq currently reports 3.0% against 2.9% in Russian Federation, a difference of 0.1%.

The two have swapped places 7 times across 20 shared years of data; in 2005 it was Russian Federation ahead.

Iraq ranks 53rd and Russian Federation ranks 54th of 193 countries.

Across the 3 decades both report, Iraq averaged higher in 2 and Russian Federation in 1.

Head to head by decade

Decade Iraq Russian Federation Difference Ahead
2000s 7.1% 7.3% 0.2% Russian Federation
2010s 7.6% 3.6% 3.9% Iraq
2020s 8.4% 5.0% 3.4% Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance as a share of gdp, Iraq or Russian Federation?
Iraq, at 3.0% against 2.9% in Russian Federation as of 2024.
What is the difference in current account balance as a share of gdp between Iraq and Russian Federation?
0.1%, with Iraq ahead.
How many years of comparable data are there for Iraq and Russian Federation?
20 years are reported by both, from 2005 to 2024.
How do Iraq and Russian Federation rank globally for current account balance as a share of gdp?
Iraq ranks 53rd and Russian Federation ranks 54th of 193 countries.
Where does this data come from?
International Monetary Fund – processed by Our World in Data, published as Current account balance as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Russian Federation: Current account balance as a share of GDP. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/current-account-balance-as-a-proportion-of-gdp/iraq/russian-federation/

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About this data

Indicator
Current account balance as a share of GDP
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 4,374 data points, 2000–2024
Last refreshed

Current account balance as a proportion of GDP (%).