Iraq Government Debt to GDP

Iraq recorded a government debt equivalent to 48.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Iraq averaged 94.55 percent from 2004 until 2018, reaching an all time high of 344.30 percent in 2004 and a record low of 32 percent in 2013.

Government Debt to GDP in Iraq is expected to be 50.00 percent by the end of this quarter, 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 45.00 percent in 2020, according to our econometric models.

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Iraq Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	48.40	59.60	344.30	32.00	percent	[+]
Government Budget	6.20	-1.60	10.70	-34.90	percent of GDP	[+]
Government Budget Value	25696645.00	25611754.00	61244368.00	-13581445.00	IQD Million	[+]
Government Revenues	106569834.00	97095419.00	119466403.00	1119448.00	IQD Million	[+]
Fiscal Expenditure	80873189.00	71483665.00	106873027.00	468749.00	IQD Million	[+]
Military Expenditure	6200.00	7416.00	9536.00	2037.00	USD Million	[+]
Credit Rating	25.00					[+]

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. This page provides - Iraq Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	48.40	59.60	344.30	32.00	2004 - 2018	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	105.40	Dec/17	106	119 : 31.7	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	47.60	Dec/17	44.3	47.6 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	29.70	Dec/17	29.1	48.9 : 25.1	%
Turkey	28.30	Dec/17	28.3	76.1 : 27.6	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%