Government Debt to GDP in Iraq increased to 68.30 percent in 2020 from 46.90 percent in 2019. source: Central Bank of Iraq

Government Debt to GDP in Iraq averaged 90.09 percent from 2004 until 2020, reaching an all time high of 344.30 percent in 2004 and a record low of 32 percent in 2013. This page provides - Iraq Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Government Debt to GDP - values, historical data and charts - was last updated on September of 2021.

Government Debt to GDP in Iraq is expected to reach 62.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Government Debt to GDP is projected to trend around 65.00 percent in 2022, according to our econometric models.

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Iraq Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
68.30 46.90 344.30 32.00 2004 - 2020 percent of GDP Yearly

Iraq Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.30 46.90 344.30 32.00 percent of GDP [+]
Government Budget -17.50 -0.90 10.70 -34.90 percent of GDP [+]
Government Budget Value 1796381.00 784540.00 61244368.00 -16599895.00 IQD Million [+]
Government Revenues 39917498.00 31917236.00 119466403.00 1119448.00 IQD Million [+]
Fiscal Expenditure 38121117.00 31132696.00 111723523.00 468749.00 IQD Million [+]
Military Expenditure 6994.00 7599.00 9493.00 217.00 USD Million [+]
Credit Rating 23.00 [+]

Iraq Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.