Home Iraq Government Government Debt to GDP

Iraq Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

53.11% +6.65% (+14.3%)
Year 2025 Rank #96 Global Peak 344.32% (2004) Source IMF WEO

Iraq Government Debt to GDP (2004–2025)

Overview

Iraq's government debt to gdp stood at 53.11% in 2025, a rise of +6.65% from 2024. The IMF projects 53.11% by 2025. Iraq ranked 96th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 69.83% - -
2029* IMF 67.68% - -
2028* IMF 65.19% - -
2027* IMF 62.11% - -
2026* IMF 58.02% - -
2025* IMF 53.11% - -
2025 53.11% +6.65% #96
2024 46.46% +4.38% #71
2023 42.08% +3.10% #60
2022 38.97% −15.74% #52
2021 54.72% −17.74% #91
2020 72.46% +30.74% #126
2019 41.71% −2.65% #75
2018 44.36% −11.51% #83
2017 55.87% −4.43% #116
2016 60.30% +11.97% #127
2015 48.34% +20.77% #105
2014 27.57% −4.42% #54
2013 31.99% −2.80% #74
2012 34.78% −5.94% #88
2011 40.72% −12.81% #106
Show all years (2004-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +51.0% GDP growth 8.0% C/A balance 20.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Iraq matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Iraq's government debt to gdp?

Iraq's government debt to gdp was 53.11% in 2025. Ranked 96th globally. This represents a 14.3% increase from the previous year.

What was the highest government debt to gdp in Iraq?

Iraq's government debt to gdp peaked at 344.32% in 2004.

What was the lowest government debt to gdp in Iraq?

The lowest government debt to gdp in Iraq was 27.57% in 2014.

How does Iraq rank in government debt to gdp?

Iraq ranks 96th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Iraq in 2025?

Iraq's government debt to gdp is projected to reach 53.11% by 2025 based on IMF projection.

What is the government debt to gdp of Iraq in 2025?

The government debt to gdp of Iraq in 2025 was 53.11%. This ranks 96th in the world.

Cite this page

APA
Iraq Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/iraq/government-debt-to-gdp
BibTeX
@misc{historysaid_iraq_government-debt-to-gdp, title = {Iraq Government Debt to GDP}, url = {https://historysaid.com/iraq/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }