Iraq Remittances Received
Personal remittances received BX.TRF.PWKR.CD.DT
Iraq's remittances received was $1.0B in 2025, ranked 94th globally. This represents a 45.9% increase from 2024. Data from World Bank, covering 2005–2025.
Overview
Iraq's remittances received stood at $1.0B in 2025, a rise of +$319.6M from 2024. Based on recent trends, this figure is projected to reach $1.0B by 2025. Iraq ranked 94th globally.
Iraq’s remittances received rose from 711,100,000.00 in 2005 to 1,015,860,000.00 in 2025, placing the country 94th globally and reflecting a steady upward trajectory after a dramatic low of 3,100,000.00 in 2007. The all‑time peak of 1,161,700,000.00 in 2023 indicates that the post‑2008 recovery of the diaspora’s earnings accelerated, narrowing the gap with peers such as Türkiye, which recorded 1,040,300,000.00, and Israel at 973,840,000.00. The 21‑year coverage shows that inflows have more than doubled, driven by higher wages abroad and improved channels for money transfers, while the 2007 trough coincided with regional instability that curtailed labor migration. Continued economic diversification at home and sustained demand for Iraqi labor in Gulf economies are likely to keep the upward trend, although any deterioration in security or global recession could reverse the gains.
Data & projection
| Year | Remittances Received | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $1.1B | - | - |
| 2026* trend | $1.1B | - | - |
| 2025* trend | $1.0B | - | - |
| 2025 | $1.0B | +$319.6M | #94 |
| 2024 | $696.3M | −$465.4M | #81 |
| 2023 | $1.2B | +$63.3M | #98 |
| 2022 | $1.1B | +$258.9M | #99 |
| 2021 | $839.5M | +$195.1M | #95 |
| 2020 | $644.4M | −$214.8M | #91 |
| 2019 | $859.2M | +$117.5M | #98 |
| 2018 | $741.7M | −$346.8M | #92 |
| 2017 | $1.1B | +$102.1M | #101 |
| 2016 | $986.4M | −$18.1M | #101 |
| 2015 | $1.0B | +$275.1M | #100 |
| 2014 | $729.4M | +$2.4M | #91 |
| 2013 | $727.0M | +$456.0M | #90 |
| 2012 | $271.0M | +$48.0M | #66 |
| 2011 | $223.0M | +$46.3M | #67 |
Detected Pattern
Analysis
Iraq matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →
Frequently Asked Questions
Iraq's remittances received was $1.0B in 2025. Ranked 94th globally. This represents a 45.9% increase from the previous year.
Iraq's remittances received peaked at $1.2B in 2023.
The lowest remittances received in Iraq was $3.1M in 2007.
Iraq ranks 94th globally in remittances received as of 2025.
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
Iraq's remittances received is projected to reach $1.0B by 2025 based on trend extrapolation.
Iraq's remittances received was approximately 1.02 billion ($1.0B) in 2025.
The remittances received of Iraq in 2025 was $1.0B. This ranks 94th in the world.
Cite this page
@misc{historysaid_iraq_remittances,
title = {Iraq Remittances Received},
url = {https://historysaid.com/iraq/remittances/},
publisher = {HistorySaid},
year = {2026}
}