Iraq recorded a Current Account surplus of 13954.50 USD Million in 2017.

Current Account in Iraq averaged 4753.50 USD Million from 1988 until 2017, reaching an all time high of 32344 USD Million in 2008 and a record low of -15410 USD Million in 2001. This page provides - Iraq Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Current Account - values, historical data and charts - was last updated on August of 2020.

Current Account in Iraq is expected to reach 16160.66 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Current Account is projected to trend around 11622.45 USD Million in 2021 and 9845.76 USD Million in 2022, according to our econometric models.

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Iraq Current Account

Actual Previous Highest Lowest Dates Unit Frequency
13954.50 2157.80 32344.00 -15410.00 1988 - 2017 USD Million Yearly

Iraq Trade Last Previous Highest Lowest Unit
Balance of Trade 41524.00 18793.00 47550.00 -3492.00 USD Million [+]
Current Account 13954.50 2157.80 32344.00 -15410.00 USD Million [+]
Current Account to GDP -1.20 4.90 12.70 -24.00 percent [+]
Imports 45736.00 38766.00 59349.00 2681.90 USD Million [+]
Exports 87260.00 57559.00 94209.00 1720.40 USD Million [+]
Gold Reserves 96.30 96.27 96.30 0.00 Tonnes [+]
Crude Oil Production 3698.00 4068.00 4830.00 0.00 BBL/D/1K [+]
Terrorism Index 9.24 9.75 10.00 4.09 [+]


Iraq Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).