Africa's Development Dynamics (AfDD) Table 16 - Public finances in Iraq
Iraq: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 46.15 Percentage of GDP in 2029. ▼ Falling
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Iraq, 2004–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2029, africa's development dynamics (afdd) table 16 - public finances in Iraq stood at 46.15 Percentage of GDP.
That represents a change of down 0.6% on the previous year and up 30.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Iraq peaked at 91.45 Percentage of GDP in 2004 and was at its lowest, 31.54 Percentage of GDP, in 2018.
Iraq ranks 17th of 166 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 26 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Iraq, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2004 | 91.45 Percentage of GDP | — |
| 2005 | 63.21 Percentage of GDP | -30.9% |
| 2006 | 50.32 Percentage of GDP | -20.4% |
| 2007 | 43.98 Percentage of GDP | -12.6% |
| 2008 | 57.25 Percentage of GDP | +30.2% |
| 2009 | 61.09 Percentage of GDP | +6.7% |
| 2010 | 49.58 Percentage of GDP | -18.9% |
| 2011 | 43.37 Percentage of GDP | -12.5% |
| 2012 | 42.89 Percentage of GDP | -1.1% |
| 2013 | 48.25 Percentage of GDP | +12.5% |
| 2014 | 43.78 Percentage of GDP | -9.3% |
| 2015 | 43.46 Percentage of GDP | -0.7% |
| 2016 | 42.53 Percentage of GDP | -2.2% |
| 2017 | 35.07 Percentage of GDP | -17.5% |
| 2018 | 31.54 Percentage of GDP | -10.1% |
| 2019 | 35.26 Percentage of GDP | +11.8% |
| 2020 | 42.18 Percentage of GDP | +19.6% |
| 2021 | 37.1 Percentage of GDP | -12.0% |
| 2022 | 37.4 Percentage of GDP | +0.8% |
| 2023 | 43.85 Percentage of GDP | +17.2% |
| 2024 | 47.66 Percentage of GDP | +8.7% |
| 2025 | 47.2 Percentage of GDP | -1.0% |
| 2026 | 46.91 Percentage of GDP | -0.6% |
| 2027 | 46.73 Percentage of GDP | -0.4% |
| 2028 | 46.41 Percentage of GDP | -0.7% |
| 2029 | 46.15 Percentage of GDP | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 61.22 Percentage of GDP | 43.98 Percentage of GDP | 91.45 Percentage of GDP | 6 |
| 2010s | 41.57 Percentage of GDP | 31.54 Percentage of GDP | 49.58 Percentage of GDP | 10 |
| 2020s | 44.16 Percentage of GDP | 37.1 Percentage of GDP | 47.66 Percentage of GDP | 10 |
Countries ranked near Iraq
- 14 Germany 47.78 Percentage of GDP compare
- 15 Equatorial Guinea 24.23 Percentage of GDP compare
- 15 Libya 47.37 Percentage of GDP compare
- 16 Türkiye 32.83 Percentage of GDP compare
- 16 Palau 47.06 Percentage of GDP compare
- 18 Brazil 46 Percentage of GDP compare
- 18 Mauritania 23.53 Percentage of GDP compare
- 19 Hungary 45.22 Percentage of GDP compare
- 20 Greece 45.1 Percentage of GDP compare
More economy & growth data for Iraq
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.44 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.56 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) -6.48 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2982 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,613 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -6.48 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 481.78 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 2.61 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 3.89 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5227 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Iraq?
- Africa's development dynamics (afdd) table 16 - public finances in Iraq was 46.15 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Iraq?
- The highest recorded value was 91.45 Percentage of GDP in 2004.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Iraq?
- The lowest recorded value was 31.54 Percentage of GDP in 2018.
- How does Iraq rank for africa's development dynamics (afdd) table 16 - public finances?
- Iraq ranks 17th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Iraq?
- Over the last ten years it is up 30.9%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.