Volume of remittances (in United States dollars) as a proportion of in Iraq
Iraq: Volume of remittances (in United States dollars) as a proportion of was 0.2% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Iraq, 2005–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Iraq stood at 0.2%.
That represents a change of down 42.4% on the previous year and down 22.0% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Iraq peaked at 1.4% in 2005 and was at its lowest, 0.0%, in 2007.
That places Iraq 169th out of 203 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.
Volume of remittances (in United States dollars) as a proportion of in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.4% | — |
| 2006 | 0.6% | -58.0% |
| 2007 | 0.0% | -99.4% |
| 2008 | 0.1% | +1443.6% |
| 2009 | 0.1% | +152.7% |
| 2010 | 0.1% | -6.3% |
| 2011 | 0.1% | -5.9% |
| 2012 | 0.1% | +3.5% |
| 2013 | 0.3% | +149.2% |
| 2014 | 0.3% | +3.1% |
| 2015 | 0.6% | +88.6% |
| 2016 | 0.6% | -1.8% |
| 2017 | 0.6% | -1.7% |
| 2018 | 0.3% | -43.9% |
| 2019 | 0.4% | +12.7% |
| 2020 | 0.4% | -3.1% |
| 2021 | 0.4% | +12.4% |
| 2022 | 0.4% | -4.5% |
| 2023 | 0.4% | +13.0% |
| 2024 | 0.2% | -42.4% |
Iraq compared with similar countries
- Iraq's 0.2% is below the median for upper middle income countries, which is 3.6%, 7% of the median. (53 countries reporting)
- Iraq's 0.2% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.3%, 18% of the median. (19 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 | +1443.6% | 0.0% | 0.1% |
| 2009 | +152.7% | 0.1% | 0.1% |
| 2013 | +149.2% | 0.1% | 0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4% | 0.0% | 1.4% | 5 |
| 2010s | 0.3% | 0.1% | 0.6% | 10 |
| 2020s | 0.4% | 0.2% | 0.4% | 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 volume of remittances (in united states dollars) as a proportion of in Iraq?
- Volume of remittances (in united states dollars) as a proportion of in Iraq was 0.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Iraq?
- The highest recorded value was 1.4% in 2005.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Iraq?
- The lowest recorded value was 0.0% in 2007.
- How does Iraq rank for volume of remittances (in united states dollars) as a proportion of?
- Iraq ranks 169th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Iraq?
- Over the last ten years it is down 22.0%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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