Iraq Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Iraq's budget deficit stood at -6.30% in 2025, a decline of +2.15% from 2024. The IMF projects -6.30% by 2025. Iraq ranked 158th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -5.91% | - | - |
| 2029* IMF | -6.16% | - | - |
| 2028* IMF | -6.34% | - | - |
| 2027* IMF | -6.81% | - | - |
| 2026* IMF | -7.09% | - | - |
| 2025* IMF | -6.30% | - | - |
| 2025 | -6.30% | −2.15% | #158 |
| 2024 | -4.14% | −3.00% | #59 |
| 2023 | -1.14% | −9.24% | #134 |
| 2022 | 8.10% | +8.48% | #181 |
| 2021 | -0.38% | +12.44% | #159 |
| 2020 | -12.82% | −13.65% | #18 |
| 2019 | 0.83% | −6.85% | #152 |
| 2018 | 7.69% | +9.21% | #185 |
| 2017 | -1.52% | +12.93% | #114 |
| 2016 | -14.45% | −1.62% | #9 |
| 2015 | -12.83% | −7.20% | #12 |
| 2014 | -5.63% | +0.43% | #29 |
| 2013 | -6.06% | −10.16% | #24 |
| 2012 | 4.09% | −0.65% | #170 |
| 2011 | 4.74% | +8.92% | #175 |
Detected Pattern
Analysis
Iraq matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Iraq's budget deficit was -6.30% in 2025. Ranked 158th globally. This represents a 51.9% decrease from the previous year.
Iraq's budget deficit peaked at 10.72% in 2006.
The lowest budget deficit in Iraq was -35.40% in 2004.
Iraq ranks 158th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Iraq's budget deficit is projected to reach -6.30% by 2025 based on IMF projection.
The budget deficit of Iraq in 2025 was -6.30%. This ranks 158th in the world.
Cite this page
@misc{historysaid_iraq_budget-deficit,
title = {Iraq Budget Deficit},
url = {https://historysaid.com/iraq/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}