Short-term debt in Iraq
Iraq: Short-term debt was 0.6% in 2024. ◆ Volatile
Short-term debt in Iraq, 2015–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, short-term debt in Iraq stood at 0.6%.
Compared with earlier readings it is down 27.4% on the previous year and down 51.4% over ten years.
Over the whole period, short-term debt in Iraq peaked at 2.7% in 2016 and was at its lowest, 0.6%, in 2018.
That places Iraq 108th out of 119 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Iraq, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 2015 | 1.3% | — |
| 2016 | 2.7% | +106.9% |
| 2017 | 1.7% | -36.4% |
| 2018 | 0.6% | -63.2% |
| 2019 | 0.8% | +34.7% |
| 2020 | 1.1% | +33.8% |
| 2021 | 0.8% | -30.0% |
| 2022 | 0.9% | +14.2% |
| 2023 | 0.9% | -3.9% |
| 2024 | 0.6% | -27.4% |
Iraq compared with similar countries
- Iraq's 0.6% is below the median for upper middle income countries, which is 17.7%, 4% of the median. (51 countries reporting)
- Iraq's 0.6% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 24.3%, 3% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.4% | 0.6% | 2.7% | 5 |
| 2020s | 0.9% | 0.6% | 1.1% | 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 short-term debt in Iraq?
- Short-term debt in Iraq was 0.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Iraq?
- The highest recorded value was 2.7% in 2016.
- What is the lowest short-term debt recorded in Iraq?
- The lowest recorded value was 0.6% in 2018.
- How does Iraq rank for short-term debt?
- Iraq ranks 108th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Iraq?
- Over the last ten years it is down 51.4%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.