Personal remittances, received in Iraq
Iraq: Personal remittances, received was 696.30 million current US$ in 2024. ◆ Volatile
Personal remittances, received in Iraq, 2005–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, received in Iraq stood at 696.30 million current US$.
That represents a change of down 40.1% on the previous year and down 4.5% over ten years.
Over the whole period, personal remittances, received in Iraq peaked at 1.16 billion current US$ in 2023 and was at its lowest, 3.10 million current US$, in 2007.
Iraq ranks 106th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Iraq, year by year
| Year | current US$ | Change |
|---|---|---|
| 2005 | 711.10 million current US$ | — |
| 2006 | 388.90 million current US$ | -45.3% |
| 2007 | 3.10 million current US$ | -99.2% |
| 2008 | 70.90 million current US$ | +2187.1% |
| 2009 | 152.00 million current US$ | +114.4% |
| 2010 | 176.70 million current US$ | +16.2% |
| 2011 | 223.00 million current US$ | +26.2% |
| 2012 | 271.00 million current US$ | +21.5% |
| 2013 | 727.00 million current US$ | +168.3% |
| 2014 | 729.40 million current US$ | +0.3% |
| 2015 | 1.00 billion current US$ | +37.7% |
| 2016 | 986.40 million current US$ | -1.8% |
| 2017 | 1.09 billion current US$ | +10.4% |
| 2018 | 741.70 million current US$ | -31.9% |
| 2019 | 859.20 million current US$ | +15.8% |
| 2020 | 644.40 million current US$ | -25.0% |
| 2021 | 839.50 million current US$ | +30.3% |
| 2022 | 1.10 billion current US$ | +30.8% |
| 2023 | 1.16 billion current US$ | +5.8% |
| 2024 | 696.30 million current US$ | -40.1% |
Iraq compared with similar countries
- Iraq's 696.30 million current US$ is below the median for upper middle income countries, which is 1.43 billion current US$, 49% of the median. (57 countries reporting)
- Iraq's 696.30 million current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.16 billion current US$, 60% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +2187.1% | 3.10 million current US$ | 70.90 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 265.20 million current US$ | 3.10 million current US$ | 711.10 million current US$ | 5 |
| 2010s | 680.74 million current US$ | 176.70 million current US$ | 1.09 billion current US$ | 10 |
| 2020s | 888.06 million current US$ | 644.40 million current US$ | 1.16 billion current US$ | 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)
- 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, received in Iraq?
- Personal remittances, received in Iraq was 696.30 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Iraq?
- The highest recorded value was 1.16 billion current US$ in 2023.
- What is the lowest personal remittances, received recorded in Iraq?
- The lowest recorded value was 3.10 million current US$ in 2007.
- How does Iraq rank for personal remittances, received?
- Iraq ranks 106th out of 197 countries with data for 2024.
- Is personal remittances, received rising or falling in Iraq?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.