Hong Kong vs Iraq: External balance on goods and services
External balance on goods and services over time
- Hong Kong
- Iraq
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 193 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, 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 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?
- Hong Kong ranks 56th and Iraq ranks 58th of 193 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 (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.