Iraq Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Iraq's interest rate spread was 7.58% in 2016, ranked 83rd globally. This represents a 2.0% increase from 2015. Data from World Bank, covering 2004–2016.
Overview
Iraq's interest rate spread stood at 7.58% in 2016, a rise of +0.15pp from 2015. Iraq ranked 83rd globally.
Iraq’s interest‑rate spread widened to 7.58 percent in 2016, placing the country 83rd in the World Bank’s global ranking and positioning it just above peers such as Belize (7.54 percent) and Haiti (7.60 percent). The spread has risen steadily since the earliest recorded value of 6.17 percent in 2004, which also represents the all‑time trough for the 13‑year series. The peak arrived in 2008 with a spread of 8.68 percent, reflecting heightened monetary‑policy divergence during the global financial crisis. Between the trough and the peak, the spread expanded by 2.51 percentage points, and from the peak to the 2016 level it contracted by 1.10 percentage points, indicating a gradual re‑alignment of lending and policy rates. Continued moderation of inflation expectations and deeper development of domestic capital markets could further compress the spread, while external shocks or fiscal pressures might reverse the recent easing trend.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2016 | 7.58% | +0.15pp | #83 |
| 2015 | 7.44% | −0.01pp | #86 |
| 2014 | 7.44% | −0.38pp | #89 |
| 2013 | 7.83% | −0.17pp | #92 |
| 2012 | 7.99% | −0.22pp | #89 |
| 2011 | 8.22% | −0.07pp | #89 |
| 2010 | 8.29% | −0.05pp | #86 |
| 2009 | 8.34% | −0.34pp | #90 |
| 2008 | 8.68% | +0.32pp | #94 |
| 2007 | 8.35% | +0.59pp | #91 |
| 2006 | 7.76% | +0.90pp | #84 |
| 2005 | 6.86% | +0.69pp | #66 |
| 2004 | 6.17% | – | #49 |
Detected Pattern
Analysis
Iraq matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Iraq's interest rate spread was 7.58% in 2016. Ranked 83rd globally. This represents a 2.0% increase from the previous year.
Iraq's interest rate spread peaked at 8.68% in 2008.
The lowest interest rate spread in Iraq was 6.17% in 2004.
Iraq ranks 83rd globally in interest rate spread as of 2016.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Iraq in 2016 was 7.58%. This ranks 83rd in the world.
Cite this page
@misc{historysaid_iraq_interest-rate-spread,
title = {Iraq Interest Rate Spread},
url = {https://historysaid.com/iraq/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}