Debt service as a proportion of exports of goods, services and in Iraq
Iraq: Debt service as a proportion of exports of goods, services and was 3.9% in 2023. ▲ Rising
Latest (2023)
3.9%
Change on year
up 10.4%
World rank
99th
of 125 countries
All-time high
7.8%
in 2020
All-time low
2.1%
in 2018
Years of data
9
2015–2023
Debt service as a proportion of exports of goods, services and in Iraq, 2015–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for debt service as a proportion of exports of goods, services and in Iraq is 3.9%, measured in 2023.
That represents a change of up 10.4% on the previous year and up 18.4% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Iraq peaked at 7.8% in 2020 and was at its lowest, 2.1%, in 2018.
Iraq ranks 99th of 125 countries on this measure, in the bottom quarter.
Debt service as a proportion of exports of goods, services and in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 3.3% | — |
| 2016 | 2.8% | -14.6% |
| 2017 | 2.3% | -20.7% |
| 2018 | 2.1% | -5.2% |
| 2019 | 3.0% | +39.4% |
| 2020 | 7.8% | +161.8% |
| 2021 | 5.2% | -32.9% |
| 2022 | 3.6% | -31.8% |
| 2023 | 3.9% | +10.4% |
Iraq compared with similar countries
- Iraq's 3.9% is below the median for upper middle income countries, which is 7.6%, 52% of the median. (49 countries reporting)
- Iraq's 3.9% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.9%, 67% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.7% | 2.1% | 3.3% | 5 |
| 2020s | 5.1% | 3.6% | 7.8% | 4 |
Countries ranked near Iraq
- 96 Burkina Faso 4.1% compare
- 97 Azerbaijan 4.1% compare
- 98 Mexico 4.1% compare
- 100 Papua New Guinea 3.8% compare
- 101 Melanesia 3.7% compare
- 102 Zambia 3.7% 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 debt service as a proportion of exports of goods, services and in Iraq?
- Debt service as a proportion of exports of goods, services and in Iraq was 3.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Iraq?
- The highest recorded value was 7.8% in 2020.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Iraq?
- The lowest recorded value was 2.1% in 2018.
- How does Iraq rank for debt service as a proportion of exports of goods, services and?
- Iraq ranks 99th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Iraq?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
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