Total reserves minus gold in Iraq
Iraq: Total reserves minus gold was 87.05 billion current US$ in 2024. ◆ Volatile
Total reserves minus gold in Iraq, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for total reserves minus gold in Iraq is 87.05 billion current US$, measured in 2024.
Compared with earlier readings it is down 15.3% on the previous year and up 38.6% over ten years.
Over the whole period, total reserves minus gold in Iraq peaked at 102.78 billion current US$ in 2023 and was at its lowest, 95.46 million current US$, in 1962.
That places Iraq 27th out of 182 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves minus gold in Iraq, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 159.66 million current US$ | — |
| 1961 | 133.66 million current US$ | -16.3% |
| 1962 | 95.46 million current US$ | -28.6% |
| 1963 | 197.06 million current US$ | +106.4% |
| 1964 | 138.96 million current US$ | -29.5% |
| 1965 | 124.92 million current US$ | -10.1% |
| 1966 | 218.83 million current US$ | +75.2% |
| 1967 | 253.70 million current US$ | +15.9% |
| 1968 | 260.00 million current US$ | +2.5% |
| 1969 | 283.70 million current US$ | +9.1% |
| 1970 | 318.70 million current US$ | +12.3% |
| 1971 | 444.56 million current US$ | +39.5% |
| 1972 | 625.73 million current US$ | +40.8% |
| 1973 | 1.38 billion current US$ | +120.5% |
| 1974 | 3.10 billion current US$ | +124.5% |
| 1975 | 2.56 billion current US$ | -17.4% |
| 1976 | 4.43 billion current US$ | +73.2% |
| 1977 | 6.82 billion current US$ | +53.8% |
| 1978 | 6.84 billion current US$ | +0.3% |
| 1979 | 6.92 billion current US$ | +1.1% |
| 1980 | 7.00 billion current US$ | +1.2% |
| 1981 | 7.01 billion current US$ | +0.1% |
| 1982 | 6.95 billion current US$ | -0.8% |
| 1983 | 6.75 billion current US$ | -2.8% |
| 1984 | 6.74 billion current US$ | -0.1% |
| 1985 | 6.74 billion current US$ | -0.0% |
| 1986 | 6.74 billion current US$ | -0.0% |
| 1987 | 6.75 billion current US$ | +0.1% |
| 1988 | 6.74 billion current US$ | -0.1% |
| 1989 | 6.74 billion current US$ | +0.0% |
| 1990 | 6.74 billion current US$ | -0.0% |
| 1991 | 6.74 billion current US$ | +0.0% |
| 1992 | 6.74 billion current US$ | +0.0% |
| 1993 | 6.74 billion current US$ | +0.0% |
| 1994 | 6.74 billion current US$ | +0.0% |
| 1995 | 6.74 billion current US$ | +0.0% |
| 1996 | 6.74 billion current US$ | +0.0% |
| 1997 | 6.74 billion current US$ | +0.0% |
| 1998 | 6.74 billion current US$ | +0.0% |
| 1999 | 6.74 billion current US$ | +0.0% |
| 2000 | 6.74 billion current US$ | +0.0% |
| 2001 | 6.74 billion current US$ | +0.0% |
| 2002 | 6.74 billion current US$ | +0.0% |
| 2003 | 6.74 billion current US$ | +0.0% |
| 2004 | 7.82 billion current US$ | +16.0% |
| 2005 | 12.10 billion current US$ | +54.7% |
| 2006 | 19.93 billion current US$ | +64.7% |
| 2007 | 31.30 billion current US$ | +57.0% |
| 2008 | 49.94 billion current US$ | +59.6% |
| 2009 | 44.13 billion current US$ | -11.6% |
| 2010 | 50.36 billion current US$ | +14.1% |
| 2011 | 60.74 billion current US$ | +20.6% |
| 2012 | 68.73 billion current US$ | +13.2% |
| 2013 | 76.11 billion current US$ | +10.7% |
| 2014 | 62.80 billion current US$ | -17.5% |
| 2015 | 50.93 billion current US$ | -18.9% |
| 2016 | 41.99 billion current US$ | -17.6% |
| 2017 | 45.57 billion current US$ | +8.5% |
| 2018 | 60.75 billion current US$ | +33.3% |
| 2019 | 63.30 billion current US$ | +4.2% |
| 2020 | 48.56 billion current US$ | -23.3% |
| 2021 | 58.59 billion current US$ | +20.6% |
| 2022 | 89.42 billion current US$ | +52.6% |
| 2023 | 102.78 billion current US$ | +14.9% |
| 2024 | 87.05 billion current US$ | -15.3% |
Iraq compared with similar countries
- Iraq's 87.05 billion current US$ is above the median for upper middle income countries, which is 6.63 billion current US$, 13.1× the median. (56 countries reporting)
- Iraq's 87.05 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 17.72 billion current US$, 4.9× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Total reserves minus gold in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +124.5% | 1.38 billion current US$ | 3.10 billion current US$ |
| 1973 | +120.5% | 625.73 million current US$ | 1.38 billion current US$ |
| 1963 | +106.4% | 95.46 million current US$ | 197.06 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 186.59 million current US$ | 95.46 million current US$ | 283.70 million current US$ | 10 |
| 1970s | 3.34 billion current US$ | 318.70 million current US$ | 6.92 billion current US$ | 10 |
| 1980s | 6.82 billion current US$ | 6.74 billion current US$ | 7.01 billion current US$ | 10 |
| 1990s | 6.74 billion current US$ | 6.74 billion current US$ | 6.74 billion current US$ | 10 |
| 2000s | 19.22 billion current US$ | 6.74 billion current US$ | 49.94 billion current US$ | 10 |
| 2010s | 58.13 billion current US$ | 41.99 billion current US$ | 76.11 billion current US$ | 10 |
| 2020s | 77.28 billion current US$ | 48.56 billion current US$ | 102.78 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is total reserves minus gold in Iraq?
- Total reserves minus gold in Iraq was 87.05 billion current US$ in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves minus gold recorded in Iraq?
- The highest recorded value was 102.78 billion current US$ in 2023.
- What is the lowest total reserves minus gold recorded in Iraq?
- The lowest recorded value was 95.46 million current US$ in 1962.
- How does Iraq rank for total reserves minus gold?
- Iraq ranks 27th out of 182 countries with data for 2024.
- Is total reserves minus gold rising or falling in Iraq?
- Over the last ten years it is up 38.6%. 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 minus gold (current US$). Statizoid updates them automatically from the source API.
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About this data
This series includes external assets (excluding 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.