External debt as a share of gni in Iraq
Iraq: External debt as a share of gni was 8.07 in 2023. ▼ Falling
Latest (2023)
8.07
Change on year
up 1.5%
World rank
115th
of 118 countries
All-time high
15.12
in 2017
All-time low
7.95
in 2022
Years of data
9
2015–2023
External debt as a share of gni in Iraq, 2015–2023
Source: Our World in Data.
Analysis
Iraq recorded 8.07 for external debt as a share of gni in 2023.
That represents a change of up 1.5% on the previous year and down 30.3% over ten years.
Over the whole period, external debt as a share of gni in Iraq peaked at 15.12 in 2017 and was at its lowest, 7.95, in 2022.
That places Iraq 115th out of 118 countries with data for 2023, putting it in the bottom quarter.
External debt as a share of gni in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 11.58 | — |
| 2016 | 14.14 | +22.1% |
| 2017 | 15.12 | +6.9% |
| 2018 | 12.32 | -18.5% |
| 2019 | 11.82 | -4.1% |
| 2020 | 14.7 | +24.4% |
| 2021 | 12.22 | -16.9% |
| 2022 | 7.95 | -34.9% |
| 2023 | 8.07 | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13 | 11.58 | 15.12 | 5 |
| 2020s | 10.73 | 7.95 | 14.7 | 4 |
Countries ranked near Iraq
- 112 Haiti 13.28 compare
- 113 Timor-Leste 12.62 compare
- 114 Botswana 10.69 compare
- 116 Turkmenistan 6.52 compare
- 117 Algeria 3 compare
- 118 Iran, Islamic Republic of 2.45 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)
- GDP (constant 2015 US$), annual growth rate -2.16 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7403 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,005 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate -2.16 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 815.11 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 4.41 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -19.2 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3141 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is external debt as a share of gni in Iraq?
- External debt as a share of gni in Iraq was 8.07 in 2023, according to Our World in Data.
- What is the highest external debt as a share of gni recorded in Iraq?
- The highest recorded value was 15.12 in 2017.
- What is the lowest external debt as a share of gni recorded in Iraq?
- The lowest recorded value was 7.95 in 2022.
- How does Iraq rank for external debt as a share of gni?
- Iraq ranks 115th out of 118 countries with data for 2023.
- Is external debt as a share of gni rising or falling in Iraq?
- Over the last ten years it is down 30.3%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from Our World in Data, published as part of External debt as a share of gni. Statizoid updates them automatically from the source API.
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