Hong Kong vs Iraq: External balance on goods and services as a percent of GDP

Hong Kong
2.9%
in 2025
Iraq
2.4%
in 2024
Hong Kong rank
56th
Iraq rank
58th

External balance on goods and services as a percent of GDP over time

  • Hong Kong
  • Iraq
-40-2002040196119932025

How they compare

Hong Kong currently reports 2.9% against 2.4% in Iraq, a difference of 0.5%.

That makes Hong Kong's figure about 1.2 times Iraq's.

The two have swapped places 13 times across 55 shared years of data; in 1970 it was Iraq ahead.

Hong Kong ranks 56th and Iraq ranks 58th of 191 countries.

Across the 6 decades both report, Hong Kong averaged higher in 2 and Iraq in 4.

Head to head by decade

Decade Hong Kong Iraq Difference Ahead
1970s 5.6% 20.7% 15.1% Iraq
1980s 5.8% -7.3% 13.1% Hong Kong
1990s 2.5% 6.0% 3.5% Iraq
2000s 8.7% 8.7% 0.0% Hong Kong
2010s 1.9% 9.0% 7.2% Iraq
2020s 3.2% 8.7% 5.5% Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Hong Kong or Iraq?
Hong Kong, at 2.9% against 2.4% in Iraq as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Hong Kong and Iraq?
0.5%, with Hong Kong ahead.
How many years of comparable data are there for Hong Kong and Iraq?
55 years are reported by both, from 1970 to 2024.
How do Hong Kong and Iraq rank globally for external balance on goods and services as a percent of gdp?
Hong Kong ranks 56th and Iraq ranks 58th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Hong Kong vs Iraq: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/hong-kong-sar-china/iraq/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.