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Iraq Government Revenue

General government revenue as % of GDP  GGR_NGDP

Iraq's government revenue was 37.96% in 2025, ranked 47th globally. This represents a 2.0% decrease from 2024. Data from IMF WEO, covering 2004–2025.

37.96% −0.77% (-2.0%)
Year 2025 Rank #47 Global Peak 67.27% (2005) Source IMF WEO

Iraq Government Revenue (2004–2025)

Overview

Iraq's government revenue stood at 37.96% in 2025, a decline of +0.77% from 2024. The IMF projects 37.96% by 2025. Iraq ranked 47th globally.

Iraq’s government revenue has declined markedly since the early 2000s, falling from an all‑time peak of 67.27 percent of GDP in 2005 to a trough of 27.92 percent in 2016, before modestly recovering to 37.96 percent in 2025, ranking 47th globally. The sharp drop after 2005 reflected the combined impact of security‑related disruptions, oil price volatility and fiscal deficits, while the 2016 low coincided with the collapse of oil exports amid regional conflict and reduced production capacity. By 2025, revenue as a share of GDP is comparable to peers such as Israel (37.42) and New Zealand (37.39), suggesting a partial convergence with middle‑income economies that rely heavily on commodity exports. The upward movement since the trough indicates that higher oil prices and gradual diversification of tax bases could sustain a modest rise, but any sustained improvement will depend on political stability and the successful implementation of fiscal reforms.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 35.58% - -
2029* IMF 35.79% - -
2028* IMF 35.98% - -
2027* IMF 36.03% - -
2026* IMF 35.79% - -
2025* IMF 37.96% - -
2025 37.96% −0.77% #47
2024 38.74% −1.29% #48
2023 40.03% −2.01% #43
2022 42.04% +6.09% #30
2021 35.95% +6.90% #52
2020 29.05% −6.43% #71
2019 35.48% −3.33% #54
2018 38.81% +4.84% #42
2017 33.97% +6.05% #56
2016 27.92% −2.71% #82
2015 30.63% −7.52% #73
2014 38.15% −4.04% #42
2013 42.19% −4.80% #31
2012 46.99% −1.13% #19
2011 48.11% +2.72% #16
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 revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Iraq's government revenue?▾

Iraq's government revenue was 37.96% in 2025. Ranked 47th globally. This represents a 2.0% decrease from the previous year.

What was the highest government revenue in Iraq?▾

Iraq's government revenue peaked at 67.27% in 2005.

What was the lowest government revenue in Iraq?▾

The lowest government revenue in Iraq was 27.92% in 2016.

How does Iraq rank in government revenue?▾

Iraq ranks 47th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?▾

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

What is the projected government revenue of Iraq in 2025?▾

Iraq's government revenue is projected to reach 37.96% by 2025 based on IMF projection.

What is the government revenue of Iraq in 2025?▾

The government revenue of Iraq in 2025 was 37.96%. This ranks 47th in the world.

Cite this page

APA
Iraq Government Revenue. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/iraq/government-revenue/
BibTeX
@misc{historysaid_iraq_government-revenue, title = {Iraq Government Revenue}, url = {https://historysaid.com/iraq/government-revenue/}, publisher = {HistorySaid}, year = {2026} }
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