Iraq - Debt Service 2023
3.99%
+0.38% from 2022
Iraq's debt service was 3.99% in 2023, increased +0.38% from 3.61% in 2022. This was the 10th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Iran, Islamic Republic of | 0.33% | 103.6% |
| 2nd | Algeria | 0.76% | 77.4% |
| 3rd | Somalia, Fed. Rep. | 1.23% | 14.6% |
| 4th | Congo, Democratic Republic of | 1.63% | -47.3% |
| 5th | Djibouti | 1.64% | 24.7% |
| 6th | Timor-Leste | 2.06% | 164.1% |
| 7th | Guinea | 2.58% | 9.7% |
| 8th | Guyana | 2.65% | 116.7% |
| 9th | Botswana | 3.67% | 90.0% |
| 10th | Iraq | 3.99% | 10.6% |
| 11th | St. Lucia | 4.66% | 20.1% |
| 12th | Solomon Islands | 4.88% | 102.4% |
| 13th | São Tomé and Principe | 5.08% | -29.5% |
| 14th | Vanuatu | 5.46% | -10.8% |
| 15th | Mali | 5.54% | 8.4% |
| 16th | Kosovo | 5.66% | -26.1% |
| 17th | Azerbaijan | 5.86% | 78.3% |
| 18th | Madagascar | 6.10% | 33.8% |
| 19th | Haiti | 6.36% | 152.4% |
| 20th | Grenada | 6.59% | -10.1% |
| 21st | Myanmar | 6.99% | -0.5% |
| 22nd | Belize | 7.35% | 31.9% |
| 23rd | Gambia, The | 7.49% | -49.2% |
| 24th | Viet Nam | 7.54% | 11.5% |
| 25th | Eswatini | 7.86% | 105.1% |
| 26th | Mexico | 8.15% | -5.4% |
| 27th | Zambia | 8.22% | -30.0% |
| 28th | Mauritius | 8.45% | 94.0% |
| 29th | Chad | 8.46% | 10.8% |
| 30th | Albania | 8.54% | -7.0% |
| 31st | Lesotho | 8.92% | 81.1% |
| 32nd | Fiji | 9.10% | 15.0% |
| 33rd | Morocco | 9.20% | -9.0% |
| 34th | Mauritania | 9.42% | 17.1% |
| 35th | Paraguay | 9.56% | -32.1% |
| 36th | Liberia | 9.64% | 42.6% |
| 37th | Cambodia | 9.65% | -8.6% |
| 38th | Malawi | 9.71% | 6.1% |
| 39th | Central African Republic | 10.09% | 71.0% |
| 40th | Maldives | 10.13% | -25.2% |
| 41st | India | 10.16% | 22.9% |
| 42nd | Tajikistan | 10.30% | 12.8% |
| 43rd | Samoa | 10.35% | -49.5% |
| 44th | Bulgaria | 10.74% | -24.2% |
| 45th | Burundi | 10.96% | 19.2% |
| 46th | Tonga | 11.05% | 0.6% |
| 47th | Togo | 11.09% | -5.2% |
| 48th | St. Vincent and the Grenadines | 11.10% | -6.6% |
| 49th | Sierra Leone | 11.24% | 12.1% |
| 50th | Comoros | 11.54% | 323.5% |
| 51st | Burkina Faso | 11.67% | -33.6% |
| 52nd | China | 11.83% | 4.4% |
| 53rd | Nepal | 11.87% | 16.2% |
| 54th | Thailand | 11.96% | 50.7% |
| 55th | Serbia | 12.04% | -19.8% |
| 56th | Ukraine | 12.21% | -9.0% |
| 57th | Philippines | 12.26% | 42.8% |
| 58th | Bangladesh | 12.59% | 12.1% |
| 59th | Russian Federation | 12.74% | -14.9% |
| 60th | Lao PDR | 12.81% | -17.3% |
| 61st | Congo, Republic of | 13.29% | -2.5% |
| 62nd | Guatemala | 13.30% | -37.1% |
| 63rd | Bosnia and Herzegovina | 13.53% | 71.2% |
| 64th | Niger | 14.10% | -22.5% |
| 65th | Bolivia, Plurinational State of | 14.21% | -12.7% |
| 66th | Guinea-Bissau | 15.08% | -16.7% |
| 67th | Cabo Verde | 15.17% | 26.7% |
| 68th | Ghana | 15.28% | -30.9% |
| 69th | Rwanda | 15.32% | 33.3% |
| 70th | Nigeria | 15.39% | 27.9% |
| 71st | Tanzania | 15.56% | -5.2% |
| 72nd | Bhutan | 15.61% | -3.6% |
| 73rd | Sri Lanka | 16.07% | -20.8% |
| 74th | Belarus | 16.13% | 14.7% |
| 75th | Jordan | 16.24% | -29.7% |
| 76th | South Africa | 16.50% | -11.4% |
| 77th | North Macedonia | 17.00% | 61.6% |
| 78th | Honduras | 17.10% | 0.0% |
| 79th | Peru | 17.11% | 78.5% |
| 80th | Armenia | 17.81% | 1.6% |
| 81st | Benin | 18.10% | 60.6% |
| 82nd | Dominican Republic | 18.93% | 33.4% |
| 83rd | Moldova | 19.09% | 88.8% |
| 84th | Montenegro | 19.14% | -18.2% |
| 85th | Zimbabwe | 19.52% | 220.8% |
| 86th | Côte d'Ivoire | 20.05% | 55.3% |
| 87th | Cameroon | 20.15% | -2.1% |
| 88th | Indonesia | 20.28% | -13.0% |
| 89th | Nicaragua | 20.74% | -12.6% |
| 90th | Georgia | 20.85% | -0.7% |
| 91st | Türkiye | 20.91% | 6.2% |
| 92nd | Kenya | 21.11% | 16.5% |
| 93rd | Dominica | 22.75% | 8.4% |
| 94th | Ecuador | 22.89% | 58.5% |
| 95th | Tunisia | 24.12% | 2.2% |
| 96th | Suriname | 25.06% | 70.3% |
| 97th | Kyrgyz Republic | 27.40% | 64.2% |
| 98th | Uganda | 29.97% | 78.0% |
| 99th | Senegal | 30.24% | 67.3% |
| 100th | Egypt, Arab Republic of | 30.39% | 31.4% |
| 101st | Mongolia | 31.63% | -10.5% |
| 102nd | Uzbekistan | 32.61% | 9.0% |
| 103rd | Angola | 33.45% | 10.1% |
| 104th | Lebanon | 34.50% | 20.2% |
| 105th | Colombia | 36.72% | 8.6% |
| 106th | Jamaica | 38.04% | 68.3% |
| 107th | Papua New Guinea | 42.24% | 41.6% |
| 108th | Pakistan | 43.60% | 3.7% |
| 109th | Mozambique | 46.16% | -22.0% |
| 110th | Kazakhstan | 50.26% | -1.8% |
| 111th | Argentina | 51.36% | 62.1% |
| 112th | Brazil | 53.54% | 79.1% |
| 113th | El Salvador | 83.07% | 158.4% |
FAQ
What was Iraq's debt service in 2023?▾
Iraq's debt service in 2023 was 3.99%. This ranked 10th globally.
How did Iraq's debt service change in 2023?▾
Iraq's debt service increased by 10.6% in 2023 compared to 2022.
Which country had the highest debt service in 2023?▾
El Salvador had the highest debt service in 2023 at 83.07%.
What is the debt service of Iraq in 2023?▾
The debt service of Iraq in 2023 was 3.99%. This ranked 10th globally.
How does 2023 compare to 2022 for Iraq's debt service?▾
Iraq's debt service went from 3.61% in 2022 to 3.99% in 2023, a 10.6% increase.
Related
2022
2024
All years
Full ranking 2023
External Debt
External Debt to GNI
Short-term Debt
Domestic Credit
Interest Payments to Revenue
Peak: 2020
Lowest: 2025
Debt Service 1990s
Debt Service 2000s
Debt Service 2010s
Debt Service 2020s
Highest ever
Lowest ever
Average
vs Tuvalu
vs Samoa
vs El Salvador
vs Tonga
Organisation of Islamic Cooperation Debt Service
OPEC Debt Service
Global Ranking