Argentina vs Iraq: External balance on goods and services

Argentina
6.33 trillion current LCU
in 2025
Iraq
8.68 trillion current LCU
in 2024
Argentina rank
8th
Iraq rank
6th

External balance on goods and services over time

  • Argentina
  • Iraq
020.0T40.0T60.0T80.0T196019922025

How they compare

Iraq currently reports 8.68 trillion current LCU against 6.33 trillion current LCU in Argentina, a difference of 2.35 trillion current LCU.

That makes Iraq's figure about 1.4 times Argentina's.

The two have swapped places 9 times across 55 shared years of data; in 1970 it was Iraq ahead.

Argentina ranks 8th and Iraq ranks 6th of 192 countries.

Across the 6 decades both report, Argentina averaged higher in 1 and Iraq in 5.

Head to head by decade

Decade Argentina Iraq Difference Ahead
1970s 3.39 current LCU 969.79 million current LCU 969.79 million current LCU Iraq
1980s 21.44 million current LCU -863.39 million current LCU 884.83 million current LCU Argentina
1990s -3.20 billion current LCU 1.31 trillion current LCU 1.32 trillion current LCU Iraq
2000s 34.48 billion current LCU 7.68 trillion current LCU 7.65 trillion current LCU Iraq
2010s 13.51 billion current LCU 22.24 trillion current LCU 22.23 trillion current LCU Iraq
2020s 3.21 trillion current LCU 32.61 trillion current LCU 29.39 trillion current LCU Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Argentina or Iraq?
Iraq, at 8.68 trillion current LCU against 6.33 trillion current LCU in Argentina as of 2024.
What is the difference in external balance on goods and services between Argentina and Iraq?
2.35 trillion current LCU, with Iraq ahead.
How many years of comparable data are there for Argentina and Iraq?
55 years are reported by both, from 1970 to 2024.
How do Argentina and Iraq rank globally for external balance on goods and services?
Argentina ranks 8th and Iraq ranks 6th of 192 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 (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Iraq: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 30 August 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-lcu/argentina/iraq/

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About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,054 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.