India vs Iraq: Reserves and related items
Reserves and related items over time
- India
- Iraq
How they compare
Iraq currently reports -12.75 billion BoP, current US$ against -21.68 billion BoP, current US$ in India, a difference of 8.92 billion BoP, current US$.
The two have swapped places 6 times across 20 shared years of data; in 2005 it was India ahead.
India ranks 193rd and Iraq ranks 192nd of 194 countries.
India has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | India | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 34.72 billion BoP, current US$ | 3.09 billion BoP, current US$ | 31.63 billion BoP, current US$ | India |
| 2010s | 20.33 billion BoP, current US$ | 1.65 billion BoP, current US$ | 18.68 billion BoP, current US$ | India |
| 2020s | 38.98 billion BoP, current US$ | 7.13 billion BoP, current US$ | 31.85 billion BoP, current US$ | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher reserves and related items, India or Iraq?
- Iraq, at -12.75 billion BoP, current US$ against -21.68 billion BoP, current US$ in India as of 2024.
- What is the difference in reserves and related items between India and Iraq?
- 8.92 billion BoP, current US$, with Iraq ahead.
- How many years of comparable data are there for India and Iraq?
- 20 years are reported by both, from 2005 to 2024.
- How do India and Iraq rank globally for reserves and related items?
- India ranks 193rd and Iraq ranks 192nd of 194 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Reserves and related items (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency.Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.