Iraq Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Iraq's gross savings was 12.49% in 2025, ranked 136th globally. This represents a 70.2% decrease from 2024. Data from World Bank, covering 2004–2025.
Overview
Iraq's gross savings stood at 12.49% in 2025, a decline of +29.45% from 2024. The IMF projects 12.49% by 2025. Iraq ranked 136th globally.
Iraq’s gross savings rate has fallen sharply over the past two decades, slipping from 13.79 percent in 2004 to 12.49 percent in 2025, the lowest point recorded in the series and ranking 136th globally. The dramatic peak of 54.54 percent in 2022 stands out as an outlier, reflecting a brief surge in fiscal surplus that was not sustained in subsequent years. By contrast, peers with similar rankings such as Guinea‑Bissau (12.50 percent) and Burundi (12.47 percent) exhibit comparable low‑saving environments, underscoring regional challenges in mobilising domestic resources for investment. The persistent decline suggests that weak private sector savings, volatile oil revenues, and ongoing fiscal pressures have eroded the capacity to accumulate capital. If structural reforms improve revenue diversification and enhance financial inclusion, the downward trajectory could be arrested, allowing Iraq to rebuild its savings buffer and support long‑term growth.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 12.55% | - | - |
| 2029* IMF | 11.96% | - | - |
| 2028* IMF | 11.41% | - | - |
| 2027* IMF | 10.97% | - | - |
| 2026* IMF | 10.45% | - | - |
| 2025* IMF | 12.49% | - | - |
| 2025 | 12.49% | −29.45% | #136 |
| 2024 | 41.94% | +21.07% | #6 |
| 2023 | 43.32% | +11.52% | #6 |
| 2022 | 54.54% | +34.33% | #2 |
| 2021 | 40.51% | +29.35% | #11 |
| 2020 | 24.03% | +2.86% | #70 |
| 2019 | 37.35% | +14.00% | #16 |
| 2018 | 40.28% | +22.06% | #13 |
| 2017 | 32.10% | +14.94% | #28 |
| 2016 | 24.44% | +3.82% | #64 |
| 2015 | 25.07% | −7.74% | #64 |
| 2014 | 37.98% | +3.83% | #20 |
| 2013 | 41.39% | +12.72% | #15 |
| 2012 | 41.71% | +8.08% | #18 |
| 2011 | 42.75% | +17.75% | #17 |
Detected Pattern
Analysis
Iraq matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Iraq's gross savings was 12.49% in 2025. Ranked 136th globally. This represents a 70.2% decrease from the previous year.
Iraq's gross savings peaked at 54.54% in 2022.
The lowest gross savings in Iraq was 12.49% in 2025.
Iraq ranks 136th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Iraq's gross savings is projected to reach 12.49% by 2025 based on IMF projection.
The gross savings of Iraq in 2025 was 12.49%. This ranks 136th in the world.
Cite this page
@misc{historysaid_iraq_gross-savings,
title = {Iraq Gross Savings},
url = {https://historysaid.com/iraq/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}