Iraq vs Japan: External balance on goods and services

Iraq
31.09 trillion constant LCU
in 2024
Japan
5.75 trillion constant LCU
in 2024
Iraq rank
5th
Japan rank
6th

External balance on goods and services over time

  • Iraq
  • Japan
-20.0T020.0T40.0T60.0T80.0T197019972024

How they compare

Iraq currently reports 31.09 trillion constant LCU against 5.75 trillion constant LCU in Japan, a difference of 25.34 trillion constant LCU.

That makes Iraq's figure about 5.4 times Japan's.

Across all 18 years both countries report, Iraq has been ahead every year.

Iraq ranks 5th and Japan ranks 6th of 161 countries.

Iraq has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iraq Japan Difference Ahead
2000s 17.00 trillion constant LCU 3.32 trillion constant LCU 13.67 trillion constant LCU Iraq
2010s 39.15 trillion constant LCU 2.18 trillion constant LCU 36.97 trillion constant LCU Iraq
2020s 39.67 trillion constant LCU 3.33 trillion constant LCU 36.34 trillion constant LCU Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Iraq or Japan?
Iraq, at 31.09 trillion constant LCU against 5.75 trillion constant LCU in Japan as of 2024.
What is the difference in external balance on goods and services between Iraq and Japan?
25.34 trillion constant LCU, with Iraq ahead.
How many years of comparable data are there for Iraq and Japan?
18 years are reported by both, from 2007 to 2024.
How do Iraq and Japan rank globally for external balance on goods and services?
Iraq ranks 5th and Japan ranks 6th of 161 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Japan: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-constant-lcu/iraq/japan/

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About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
161 places, 3,197 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.