Current account balance (BoP, current US$), annual growth rate in Iraq
Iraq: Current account balance (BoP, current US$), annual growth rate was -70.51 % change on previous year in 2024. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Iraq, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for current account balance (bop, current us$), annual growth rate in Iraq is -70.51 % change on previous year, measured in 2024.
That represents a change of down 38.0% on the previous year and down 4,688.0% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Iraq peaked at 674.95 % change on previous year in 2010 and was at its lowest, -140.01 % change on previous year, in 2020.
That places Iraq 165th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 180.39 % change on previous year | — |
| 2007 | 478.78 % change on previous year | +165.4% |
| 2008 | 83.26 % change on previous year | -82.6% |
| 2009 | -103.97 % change on previous year | -224.9% |
| 2010 | 674.95 % change on previous year | -749.2% |
| 2011 | 302.66 % change on previous year | -55.2% |
| 2012 | 13.07 % change on previous year | -95.7% |
| 2013 | -45.52 % change on previous year | -448.3% |
| 2014 | -1.47 % change on previous year | -96.8% |
| 2015 | -117.42 % change on previous year | +7872.8% |
| 2016 | 178.13 % change on previous year | -251.7% |
| 2017 | 590.13 % change on previous year | +231.3% |
| 2018 | 130.78 % change on previous year | -77.8% |
| 2019 | -54.14 % change on previous year | -141.4% |
| 2020 | -140.01 % change on previous year | +158.6% |
| 2021 | 489.54 % change on previous year | -449.7% |
| 2022 | 136.15 % change on previous year | -72.2% |
| 2023 | -51.09 % change on previous year | -137.5% |
| 2024 | -70.51 % change on previous year | +38.0% |
Iraq compared with similar countries
- Iraq's -70.51 % change on previous year is below the median for upper middle income countries, which is -7.99 % change on previous year, 8.8× the median. (56 countries reporting)
- Iraq's -70.51 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -15.44 % change on previous year, 4.6× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | -7872.8% | -1.47 % change on previous year | -117.42 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 159.61 % change on previous year | -103.97 % change on previous year | 478.78 % change on previous year | 4 |
| 2010s | 167.12 % change on previous year | -117.42 % change on previous year | 674.95 % change on previous year | 10 |
| 2020s | 72.82 % change on previous year | -140.01 % change on previous year | 489.54 % change on previous year | 5 |
Countries ranked near Iraq
- 162 Lithuania -67.54 % change on previous year compare
- 163 Vanuatu -68.89 % change on previous year compare
- 164 Sudan -69.56 % change on previous year compare
- 166 Jordan -71.1 % change on previous year compare
- 167 Antigua and Barbuda -74.48 % change on previous year compare
- 168 Armenia -76.72 % change on previous year compare
More economy & growth data for Iraq
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.44 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.56 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 438.70 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0016 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 9.53 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.65 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -42.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0274 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -166.13 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Iraq?
- Current account balance (bop, current us$), annual growth rate in Iraq was -70.51 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Iraq?
- The highest recorded value was 674.95 % change on previous year in 2010.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Iraq?
- The lowest recorded value was -140.01 % change on previous year in 2020.
- How does Iraq rank for current account balance (bop, current us$), annual growth rate?
- Iraq ranks 165th out of 198 countries with data for 2024.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Iraq?
- Over the last ten years it is down 4,688.0%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.