Imports of goods, services and primary income in Iraq
Iraq: Imports of goods, services and primary income was 107.81 billion BoP, current US$ in 2024. ▲ Rising
Imports of goods, services and primary income in Iraq, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, imports of goods, services and primary income in Iraq stood at 107.81 billion BoP, current US$. That is the highest value across all 20 years on record.
The figure is up 27.1% on the previous year and up 53.5% over ten years.
Over the whole period, imports of goods, services and primary income in Iraq peaked at 107.81 billion BoP, current US$ in 2024 and was at its lowest, 26.48 billion BoP, current US$, in 2007.
That places Iraq 48th out of 200 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Imports of goods, services and primary income in Iraq, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 31.30 billion BoP, current US$ | — |
| 2006 | 28.95 billion BoP, current US$ | -7.5% |
| 2007 | 26.48 billion BoP, current US$ | -8.5% |
| 2008 | 37.89 billion BoP, current US$ | +43.1% |
| 2009 | 44.16 billion BoP, current US$ | +16.6% |
| 2010 | 47.68 billion BoP, current US$ | +8.0% |
| 2011 | 53.17 billion BoP, current US$ | +11.5% |
| 2012 | 64.47 billion BoP, current US$ | +21.3% |
| 2013 | 72.90 billion BoP, current US$ | +13.1% |
| 2014 | 70.23 billion BoP, current US$ | -3.7% |
| 2015 | 59.98 billion BoP, current US$ | -14.6% |
| 2016 | 46.01 billion BoP, current US$ | -23.3% |
| 2017 | 50.41 billion BoP, current US$ | +9.6% |
| 2018 | 59.80 billion BoP, current US$ | +18.6% |
| 2019 | 75.16 billion BoP, current US$ | +25.7% |
| 2020 | 57.54 billion BoP, current US$ | -23.4% |
| 2021 | 53.27 billion BoP, current US$ | -7.4% |
| 2022 | 71.57 billion BoP, current US$ | +34.3% |
| 2023 | 84.84 billion BoP, current US$ | +18.5% |
| 2024 | 107.81 billion BoP, current US$ | +27.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.76 billion BoP, current US$ | 26.48 billion BoP, current US$ | 44.16 billion BoP, current US$ | 5 |
| 2010s | 59.98 billion BoP, current US$ | 46.01 billion BoP, current US$ | 75.16 billion BoP, current US$ | 10 |
| 2020s | 75.01 billion BoP, current US$ | 53.27 billion BoP, current US$ | 107.81 billion BoP, current US$ | 5 |
Countries ranked near Iraq
- 45 Egypt 134.53 billion BoP, current US$ compare
- 46 Argentina 121.37 billion BoP, current US$ compare
- 47 Colombia 108.23 billion BoP, current US$ compare
- 49 Kazakhstan 107.34 billion BoP, current US$ compare
- 50 Ukraine 104.49 billion BoP, current US$ compare
- 51 Peru 104.07 billion BoP, current US$ 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is imports of goods, services and primary income in Iraq?
- Imports of goods, services and primary income in Iraq was 107.81 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Iraq?
- The highest recorded value was 107.81 billion BoP, current US$ in 2024.
- What is the lowest imports of goods, services and primary income recorded in Iraq?
- The lowest recorded value was 26.48 billion BoP, current US$ in 2007.
- How does Iraq rank for imports of goods, services and primary income?
- Iraq ranks 48th out of 200 countries with data for 2024.
- Is imports of goods, services and primary income rising or falling in Iraq?
- Over the last ten years it is up 53.5%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods, services and primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.