Expense in Iraq

Iraq: Expense was 27.6% in 2019. ▬ Flat

Latest (2019)
27.6%
Change on year
up 12.8%
World rank
70th
of 157 countries
All-time high
27.6%
in 2019
All-time low
24.5%
in 2018
Years of data
6
2014–2019

Expense in Iraq, 2014–2019

01020302014201620192014: 25.7 % of GDP2015: 27 % of GDP2016: 26.6 % of GDP2017: 26 % of GDP2018: 24.5 % of GDP2019: 27.6 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Iraq recorded 27.6% for expense in 2019. That is the highest value across all 6 years on record.

That represents a change of up 12.8% on the previous year and up 7.4% over ten years.

That places Iraq 70th out of 157 countries with data for 2019, putting it in the middle of the range.

Countries ranked near Iraq

  1. 67 El Salvador 27.9% compare
  2. 68 Kenya 27.8% compare
  3. 69 Fiji 27.8% compare
  4. 71 Australia 27.6% compare
  5. 72 Jamaica 27.5% compare
  6. 73 Saint Kitts and Nevis 26.7% compare

See the full ranking of 183 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is expense in Iraq?
Expense in Iraq was 27.6% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Iraq?
The highest recorded value was 27.6% in 2019.
What is the lowest expense recorded in Iraq?
The lowest recorded value was 24.5% in 2018.
How does Iraq rank for expense?
Iraq ranks 70th out of 157 countries with data for 2019.
Is expense rising or falling in Iraq?
Over the last ten years it is up 7.4%. The long-run trend across the full record is flat.
Where does this Iraq data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.