Imports of goods and services (BoP, current US$), per unit of GDP in Iraq
Iraq: Imports of goods and services (BoP, current US$), per unit of GDP was 0.3738 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Imports of goods and services (BoP, current US$), per unit of GDP in Iraq, 2005–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, imports of goods and services (bop, current us$), per unit of gdp in Iraq stood at 0.3738 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is up 23.8% on the previous year and up 24.4% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Iraq peaked at 0.5213 BoP, current US$ per US$ of GDP in 2005 and was at its lowest, 0.2407 BoP, current US$ per US$ of GDP, in 2022.
That places Iraq 122nd out of 199 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Iraq, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.5213 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.3714 BoP, current US$ per US$ of GDP | -28.7% |
| 2007 | 0.2419 BoP, current US$ per US$ of GDP | -34.9% |
| 2008 | 0.2837 BoP, current US$ per US$ of GDP | +17.3% |
| 2009 | 0.3927 BoP, current US$ per US$ of GDP | +38.4% |
| 2010 | 0.3407 BoP, current US$ per US$ of GDP | -13.2% |
| 2011 | 0.2786 BoP, current US$ per US$ of GDP | -18.2% |
| 2012 | 0.291 BoP, current US$ per US$ of GDP | +4.4% |
| 2013 | 0.3042 BoP, current US$ per US$ of GDP | +4.5% |
| 2014 | 0.3004 BoP, current US$ per US$ of GDP | -1.2% |
| 2015 | 0.3487 BoP, current US$ per US$ of GDP | +16.1% |
| 2016 | 0.2646 BoP, current US$ per US$ of GDP | -24.1% |
| 2017 | 0.2588 BoP, current US$ per US$ of GDP | -2.2% |
| 2018 | 0.2502 BoP, current US$ per US$ of GDP | -3.3% |
| 2019 | 0.3094 BoP, current US$ per US$ of GDP | +23.7% |
| 2020 | 0.3033 BoP, current US$ per US$ of GDP | -2.0% |
| 2021 | 0.2418 BoP, current US$ per US$ of GDP | -20.3% |
| 2022 | 0.2407 BoP, current US$ per US$ of GDP | -0.5% |
| 2023 | 0.3019 BoP, current US$ per US$ of GDP | +25.4% |
| 2024 | 0.3738 BoP, current US$ per US$ of GDP | +23.8% |
Iraq compared with similar countries
- Iraq's 0.3738 BoP, current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.5329 BoP, current US$ per US$ of GDP, 70% of the median. (57 countries reporting)
- Iraq's 0.3738 BoP, current US$ per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.4003 BoP, current US$ per US$ of GDP, 93% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3622 BoP, current US$ per US$ of GDP | 0.2419 BoP, current US$ per US$ of GDP | 0.5213 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.2947 BoP, current US$ per US$ of GDP | 0.2502 BoP, current US$ per US$ of GDP | 0.3487 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.2923 BoP, current US$ per US$ of GDP | 0.2407 BoP, current US$ per US$ of GDP | 0.3738 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Iraq
- 119 Germany 0.3808 BoP, current US$ per US$ of GDP compare
- 120 Barbados 0.3784 BoP, current US$ per US$ of GDP compare
- 121 Panama 0.377 BoP, current US$ per US$ of GDP compare
- 123 Trinidad and Tobago 0.3714 BoP, current US$ per US$ of GDP compare
- 124 Liberia 0.3692 BoP, current US$ per US$ of GDP compare
- 125 Azerbaijan 0.3681 BoP, current US$ per US$ 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)
- 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Iraq?
- Imports of goods and services (bop, current us$), per unit of gdp in Iraq was 0.3738 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Iraq?
- The highest recorded value was 0.5213 BoP, current US$ per US$ of GDP in 2005.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Iraq?
- The lowest recorded value was 0.2407 BoP, current US$ per US$ of GDP in 2022.
- How does Iraq rank for imports of goods and services (bop, current us$), per unit of gdp?
- Iraq ranks 122nd out of 199 countries with data for 2024.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is up 24.4%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.