External debt stocks in Iraq
Iraq: External debt stocks was 6.2% in 2024. ▼ Falling
External debt stocks in Iraq, 2015–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Iraq recorded 6.2% for external debt stocks in 2024. That is the lowest value across all 10 years on record.
The figure is down 17.3% on the previous year and down 46.2% over ten years.
Over the whole period, external debt stocks in Iraq peaked at 15.1% in 2017 and was at its lowest, 6.2%, in 2024.
That places Iraq 118th out of 122 countries with data for 2024, putting it in the bottom quarter.
External debt stocks in Iraq, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2015 | 11.6% | — |
| 2016 | 14.1% | +22.1% |
| 2017 | 15.1% | +6.9% |
| 2018 | 12.3% | -18.5% |
| 2019 | 11.8% | -4.0% |
| 2020 | 14.7% | +24.3% |
| 2021 | 12.2% | -16.9% |
| 2022 | 7.9% | -35.0% |
| 2023 | 7.5% | -5.1% |
| 2024 | 6.2% | -17.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.0% | 11.6% | 15.1% | 5 |
| 2020s | 9.7% | 6.2% | 14.7% | 5 |
Countries ranked near Iraq
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)
- Manufacturing, value added (current US$), per unit of GDP 0.04 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 216.2 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 51.96 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 281,061 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0439 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 237.26 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 112,723 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -19.94 % change on previous year (2025)
Frequently asked questions
- What is external debt stocks in Iraq?
- External debt stocks in Iraq was 6.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Iraq?
- The highest recorded value was 15.1% in 2017.
- What is the lowest external debt stocks recorded in Iraq?
- The lowest recorded value was 6.2% in 2024.
- How does Iraq rank for external debt stocks?
- Iraq ranks 118th out of 122 countries with data for 2024.
- Is external debt stocks rising or falling in Iraq?
- Over the last ten years it is down 46.2%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.