Total reserves in Iraq
Iraq: Total reserves was 100.69 billion includes gold, current US$ in 2024. ◆ Volatile
Latest (2024)
100.69 billion includes gold, current US$
Change on year
down 10.3%
World rank
31st
of 182 countries
All-time high
112.23 billion includes gold, current US$
in 2023
All-time low
193.45 million includes gold, current US$
in 1962
Years of data
65
1960–2024
Total reserves in Iraq, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in includes gold, current US$.
Analysis
The most recent figure for total reserves in Iraq is 100.69 billion includes gold, current US$, measured in 2024.
That represents a change of down 10.3% on the previous year and up 51.9% over ten years.
Over the whole period, total reserves in Iraq peaked at 112.23 billion includes gold, current US$ in 2023 and was at its lowest, 193.45 million includes gold, current US$, in 1962.
That places Iraq 31st out of 182 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in Iraq, year by year
| Year | includes gold, current US$ | Change |
|---|---|---|
| 1960 | 259.34 million includes gold, current US$ | — |
| 1961 | 217.95 million includes gold, current US$ | -16.0% |
| 1962 | 193.45 million includes gold, current US$ | -11.2% |
| 1963 | 295.07 million includes gold, current US$ | +52.5% |
| 1964 | 251.17 million includes gold, current US$ | -14.9% |
| 1965 | 235.06 million includes gold, current US$ | -6.4% |
| 1966 | 324.96 million includes gold, current US$ | +38.2% |
| 1967 | 369.16 million includes gold, current US$ | +13.6% |
| 1968 | 490.62 million includes gold, current US$ | +32.9% |
| 1969 | 477.55 million includes gold, current US$ | -2.7% |
| 1970 | 471.88 million includes gold, current US$ | -1.2% |
| 1971 | 623.40 million includes gold, current US$ | +32.1% |
| 1972 | 891.75 million includes gold, current US$ | +43.0% |
| 1973 | 1.84 billion includes gold, current US$ | +106.3% |
| 1974 | 3.86 billion includes gold, current US$ | +109.9% |
| 1975 | 3.13 billion includes gold, current US$ | -18.8% |
| 1976 | 4.99 billion includes gold, current US$ | +59.1% |
| 1977 | 7.50 billion includes gold, current US$ | +50.5% |
| 1978 | 7.78 billion includes gold, current US$ | +3.6% |
| 1979 | 9.04 billion includes gold, current US$ | +16.2% |
| 1980 | 9.44 billion includes gold, current US$ | +4.5% |
| 1981 | 7.01 billion includes gold, current US$ | -25.8% |
| 1982 | 6.95 billion includes gold, current US$ | -0.8% |
| 1983 | 6.75 billion includes gold, current US$ | -2.8% |
| 1984 | 6.74 billion includes gold, current US$ | -0.1% |
| 1985 | 6.74 billion includes gold, current US$ | -0.0% |
| 1986 | 6.74 billion includes gold, current US$ | -0.0% |
| 1987 | 6.75 billion includes gold, current US$ | +0.1% |
| 1988 | 6.74 billion includes gold, current US$ | -0.1% |
| 1989 | 6.74 billion includes gold, current US$ | +0.0% |
| 1990 | 6.74 billion includes gold, current US$ | -0.0% |
| 1991 | 6.74 billion includes gold, current US$ | +0.0% |
| 1992 | 6.74 billion includes gold, current US$ | +0.0% |
| 1993 | 6.74 billion includes gold, current US$ | +0.0% |
| 1994 | 6.74 billion includes gold, current US$ | +0.0% |
| 1995 | 6.74 billion includes gold, current US$ | +0.0% |
| 1996 | 6.74 billion includes gold, current US$ | +0.0% |
| 1997 | 6.74 billion includes gold, current US$ | +0.0% |
| 1998 | 6.74 billion includes gold, current US$ | +0.0% |
| 1999 | 6.74 billion includes gold, current US$ | +0.0% |
| 2000 | 6.74 billion includes gold, current US$ | +0.0% |
| 2001 | 6.74 billion includes gold, current US$ | +0.0% |
| 2002 | 6.74 billion includes gold, current US$ | +0.0% |
| 2003 | 6.74 billion includes gold, current US$ | +0.0% |
| 2004 | 7.91 billion includes gold, current US$ | +17.2% |
| 2005 | 12.20 billion includes gold, current US$ | +54.3% |
| 2006 | 20.05 billion includes gold, current US$ | +64.3% |
| 2007 | 31.45 billion includes gold, current US$ | +56.9% |
| 2008 | 50.10 billion includes gold, current US$ | +59.3% |
| 2009 | 44.33 billion includes gold, current US$ | -11.5% |
| 2010 | 50.62 billion includes gold, current US$ | +14.2% |
| 2011 | 61.03 billion includes gold, current US$ | +20.6% |
| 2012 | 70.33 billion includes gold, current US$ | +15.2% |
| 2013 | 77.75 billion includes gold, current US$ | +10.6% |
| 2014 | 66.28 billion includes gold, current US$ | -14.7% |
| 2015 | 53.99 billion includes gold, current US$ | -18.5% |
| 2016 | 45.30 billion includes gold, current US$ | -16.1% |
| 2017 | 49.32 billion includes gold, current US$ | +8.9% |
| 2018 | 64.72 billion includes gold, current US$ | +31.2% |
| 2019 | 68.02 billion includes gold, current US$ | +5.1% |
| 2020 | 54.42 billion includes gold, current US$ | -20.0% |
| 2021 | 64.23 billion includes gold, current US$ | +18.0% |
| 2022 | 97.01 billion includes gold, current US$ | +51.0% |
| 2023 | 112.23 billion includes gold, current US$ | +15.7% |
| 2024 | 100.69 billion includes gold, current US$ | -10.3% |
Iraq compared with similar countries
- Iraq's 100.69 billion includes gold, current US$ is above the median for upper middle income countries, which is 9.01 billion includes gold, current US$, 11.2× the median. (56 countries reporting)
- Iraq's 100.69 billion includes gold, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 26.56 billion includes gold, current US$, 3.8× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Total reserves in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +109.9% | 1.84 billion includes gold, current US$ | 3.86 billion includes gold, current US$ |
| 1973 | +106.3% | 891.75 million includes gold, current US$ | 1.84 billion includes gold, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 311.43 million includes gold, current US$ | 193.45 million includes gold, current US$ | 490.62 million includes gold, current US$ | 10 |
| 1970s | 4.01 billion includes gold, current US$ | 471.88 million includes gold, current US$ | 9.04 billion includes gold, current US$ | 10 |
| 1980s | 7.06 billion includes gold, current US$ | 6.74 billion includes gold, current US$ | 9.44 billion includes gold, current US$ | 10 |
| 1990s | 6.74 billion includes gold, current US$ | 6.74 billion includes gold, current US$ | 6.74 billion includes gold, current US$ | 10 |
| 2000s | 19.30 billion includes gold, current US$ | 6.74 billion includes gold, current US$ | 50.10 billion includes gold, current US$ | 10 |
| 2010s | 60.74 billion includes gold, current US$ | 45.30 billion includes gold, current US$ | 77.75 billion includes gold, current US$ | 10 |
| 2020s | 85.72 billion includes gold, current US$ | 54.42 billion includes gold, current US$ | 112.23 billion includes gold, current US$ | 5 |
Countries ranked near Iraq
- 28 Netherlands 118.06 billion includes gold, current US$ compare
- 29 Philippines 110.93 billion includes gold, current US$ compare
- 30 Libya 104.66 billion includes gold, current US$ compare
- 32 Romania 90.65 billion includes gold, current US$ compare
- 33 Peru 90.39 billion includes gold, current US$ compare
- 34 Vietnam 85.58 billion includes gold, 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is total reserves in Iraq?
- Total reserves in Iraq was 100.69 billion includes gold, current US$ in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves recorded in Iraq?
- The highest recorded value was 112.23 billion includes gold, current US$ in 2023.
- What is the lowest total reserves recorded in Iraq?
- The lowest recorded value was 193.45 million includes gold, current US$ in 1962.
- How does Iraq rank for total reserves?
- Iraq ranks 31st out of 182 countries with data for 2024.
- Is total reserves rising or falling in Iraq?
- Over the last ten years it is up 51.9%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves (includes gold, current US$). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. 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.