Iraq is expected to record a Government Debt to GDP of 59.30 percent of the country's Gross Domestic Product in 2021. source: IMF

Government Debt to GDP in Iraq averaged 89.26 percent of GDP from 2004 until 2021, reaching an all time high of 344.30 percent of GDP in 2004 and a record low of 32 percent of GDP 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 December of 2022.

Government Debt to GDP in Iraq is expected to reach 40.00 percent of GDP by the end of 2022, 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 40.00 percent of GDP in 2023 and 35.00 percent of GDP in 2024, according to our econometric models.

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Iraq Government Debt to GDP

Related Last Previous Unit Reference
Government Debt to GDP 59.30 84.20 percent of GDP Dec 2021
Government Budget -0.80 -12.80 percent of GDP Dec 2021
Government Budget Value 38614607.00 33714610.00 IQD Million Aug 2022
Government Revenues 108174299.00 91920655.00 IQD Million Aug 2022
Fiscal Expenditure 69559692.00 58206045.00 IQD Million Aug 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
59.30 84.20 344.30 32.00 2004 - 2021 percent of GDP Yearly