Australia vs Iraq: Total reserves minus gold (current US$)
Total reserves minus gold (current US$) over time
- Australia
- Iraq
How they compare
Iraq currently reports 73.93 billion current US$ against 62.12 billion current US$ in Australia, a difference of 11.81 billion current US$.
That makes Iraq's figure about 1.2 times Australia's.
The two have swapped places 7 times across 66 shared years of data; in 1960 it was Australia ahead.
Australia ranks 36th and Iraq ranks 33rd of 183 countries.
Across the 7 decades both report, Australia averaged higher in 4 and Iraq in 3.
Head to head by decade
| Decade | Australia | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.24 billion current US$ | 186.59 million current US$ | 1.05 billion current US$ | Australia |
| 1970s | 3.11 billion current US$ | 3.34 billion current US$ | 238.09 million current US$ | Iraq |
| 1980s | 7.53 billion current US$ | 6.82 billion current US$ | 708.65 million current US$ | Australia |
| 1990s | 14.55 billion current US$ | 6.74 billion current US$ | 7.80 billion current US$ | Australia |
| 2000s | 31.46 billion current US$ | 19.22 billion current US$ | 12.24 billion current US$ | Australia |
| 2010s | 48.87 billion current US$ | 58.13 billion current US$ | 9.26 billion current US$ | Iraq |
| 2020s | 53.25 billion current US$ | 76.72 billion current US$ | 23.47 billion current US$ | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total reserves minus gold, Australia or Iraq?
- Iraq, at 73.93 billion current US$ against 62.12 billion current US$ in Australia as of 2025.
- What is the difference in total reserves minus gold between Australia and Iraq?
- 11.81 billion current US$, with Iraq ahead.
- How many years of comparable data are there for Australia and Iraq?
- 66 years are reported by both, from 1960 to 2025.
- How do Australia and Iraq rank globally for total reserves minus gold?
- Australia ranks 36th and Iraq ranks 33rd of 183 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves minus gold (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This series includes external assets (excluding 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. 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.