Service imports (BoP, current US$), per unit of GDP in Iraq
Iraq: Service imports (BoP, current US$), per unit of GDP was 0.1081 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Service imports (BoP, current US$), per unit of GDP in Iraq, 2005–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for service imports (bop, current us$), per unit of gdp in Iraq is 0.1081 BoP, current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 15.2% on the previous year and up 31.2% over ten years.
Over the whole period, service imports (bop, current us$), per unit of gdp in Iraq peaked at 0.1217 BoP, current US$ per US$ of GDP in 2005 and was at its lowest, 0.0548 BoP, current US$ per US$ of GDP, in 2007.
Iraq ranks 96th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Service imports (BoP, current US$), per unit of GDP in Iraq, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.1217 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.0843 BoP, current US$ per US$ of GDP | -30.8% |
| 2007 | 0.0548 BoP, current US$ per US$ of GDP | -35.0% |
| 2008 | 0.0575 BoP, current US$ per US$ of GDP | +5.0% |
| 2009 | 0.0767 BoP, current US$ per US$ of GDP | +33.3% |
| 2010 | 0.0712 BoP, current US$ per US$ of GDP | -7.1% |
| 2011 | 0.0599 BoP, current US$ per US$ of GDP | -15.9% |
| 2012 | 0.061 BoP, current US$ per US$ of GDP | +1.8% |
| 2013 | 0.0748 BoP, current US$ per US$ of GDP | +22.7% |
| 2014 | 0.0824 BoP, current US$ per US$ of GDP | +10.1% |
| 2015 | 0.1068 BoP, current US$ per US$ of GDP | +29.7% |
| 2016 | 0.0902 BoP, current US$ per US$ of GDP | -15.6% |
| 2017 | 0.0869 BoP, current US$ per US$ of GDP | -3.7% |
| 2018 | 0.0792 BoP, current US$ per US$ of GDP | -8.9% |
| 2019 | 0.0979 BoP, current US$ per US$ of GDP | +23.6% |
| 2020 | 0.0764 BoP, current US$ per US$ of GDP | -22.0% |
| 2021 | 0.0762 BoP, current US$ per US$ of GDP | -0.2% |
| 2022 | 0.0774 BoP, current US$ per US$ of GDP | +1.5% |
| 2023 | 0.0938 BoP, current US$ per US$ of GDP | +21.2% |
| 2024 | 0.1081 BoP, current US$ per US$ of GDP | +15.2% |
Iraq compared with similar countries
- Iraq's 0.1081 BoP, current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.1109 BoP, current US$ per US$ of GDP, 97% of the median. (57 countries reporting)
- Iraq's 0.1081 BoP, current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0961 BoP, current US$ per US$ of GDP, 1.1× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.079 BoP, current US$ per US$ of GDP | 0.0548 BoP, current US$ per US$ of GDP | 0.1217 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.081 BoP, current US$ per US$ of GDP | 0.0599 BoP, current US$ per US$ of GDP | 0.1068 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0864 BoP, current US$ per US$ of GDP | 0.0762 BoP, current US$ per US$ of GDP | 0.1081 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Iraq
- 93 Jordan 0.1109 BoP, current US$ per US$ of GDP compare
- 94 France 0.1099 BoP, current US$ per US$ of GDP compare
- 95 Czechia 0.1097 BoP, current US$ per US$ of GDP compare
- 97 Trinidad and Tobago 0.108 BoP, current US$ per US$ of GDP compare
- 98 El Salvador 0.1073 BoP, current US$ per US$ of GDP compare
- 99 Moldova 0.1069 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is service imports (bop, current us$), per unit of gdp in Iraq?
- Service imports (bop, current us$), per unit of gdp in Iraq was 0.1081 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per unit of gdp recorded in Iraq?
- The highest recorded value was 0.1217 BoP, current US$ per US$ of GDP in 2005.
- What is the lowest service imports (bop, current us$), per unit of gdp recorded in Iraq?
- The lowest recorded value was 0.0548 BoP, current US$ per US$ of GDP in 2007.
- How does Iraq rank for service imports (bop, current us$), per unit of gdp?
- Iraq ranks 96th out of 199 countries with data for 2024.
- Is service imports (bop, current us$), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is up 31.2%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.