Iraq Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Iraq's credit to gdp was 12.90% in 2025, ranked 135th globally. This represents a 7.5% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Iraq's credit to gdp stood at 12.90% in 2025, a decline of +1.05% from 2024. Based on recent trends, this figure is projected to reach 12.90% by 2025. Iraq ranked 135th globally.
Iraq’s credit to GDP ratio stood at 12.90 in 2025, placing the country 135th in the world and slightly above the Central African Republic’s 12.86 and close to the Democratic Republic of Congo’s 12.23. The indicator has oscillated markedly over the six‑decade series, rising from an early‑period low of 9.34 in 1960 to a historic peak of 15.22 in 1965, before collapsing to an all‑time trough of 1.27 in 2004 amid conflict‑driven financial dislocation. Since the trough, credit has recovered steadily, expanding over 39 years of coverage and reaching a level that exceeds the pre‑2000 baseline yet remains below the 1960s high. The post‑2004 rebound reflects gradual reforms in the banking sector and increased external borrowing, but the trajectory remains vulnerable to oil‑price volatility and political instability. Continued macro‑economic diversification and sustained fiscal consolidation would be required to push the ratio toward its earlier peak and secure a more resilient credit profile.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 13.43% | - | - |
| 2026* trend | 13.17% | - | - |
| 2025* trend | 12.90% | - | - |
| 2025 | 12.90% | −1.05% | #135 |
| 2024 | 13.96% | +1.40% | #9 |
| 2023 | 12.55% | +3.01% | #18 |
| 2022 | 9.54% | −1.65% | #11 |
| 2021 | 11.20% | −2.12% | #18 |
| 2020 | 13.31% | +4.51% | #21 |
| 2019 | 8.81% | +0.23% | #11 |
| 2018 | 8.58% | −0.97% | #10 |
| 2017 | 9.55% | −0.53% | #11 |
| 2016 | 10.08% | +0.20% | #9 |
| 2015 | 9.88% | +3.06% | #9 |
| 2014 | 6.81% | +0.48% | #6 |
| 2013 | 6.34% | +0.43% | #7 |
| 2012 | 5.91% | +0.49% | #8 |
| 2011 | 5.41% | +0.02% | #7 |
Detected Pattern
Analysis
Iraq matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Iraq's credit to gdp was 12.90% in 2025. Ranked 135th globally. This represents a 7.5% decrease from the previous year.
Iraq's credit to gdp peaked at 15.22% in 1965.
The lowest credit to gdp in Iraq was 1.27% in 2004.
Iraq ranks 135th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Iraq's credit to gdp is projected to reach 12.90% by 2025 based on trend extrapolation.
The credit to gdp of Iraq in 2025 was 12.90%. This ranks 135th in the world.
Cite this page
@misc{historysaid_iraq_credit-to-gdp,
title = {Iraq Credit to GDP},
url = {https://historysaid.com/iraq/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}