Goods and services expense in Iraq

Iraq: Goods and services expense was 9.45 trillion current LCU in 2019. ▬ Flat

Latest (2019)
9.45 trillion current LCU
Change on year
up 118.5%
World rank
9th
of 155 countries
All-time high
9.45 trillion current LCU
in 2019
All-time low
4.03 trillion current LCU
in 2017
Years of data
6
2014–2019

Goods and services expense in Iraq, 2014–2019

02.0T4.0T6.0T8.0T10.0T2014201620192014: 8.9T current LCU2015: 4.7T current LCU2016: 4.1T current LCU2017: 4.0T current LCU2018: 4.3T current LCU2019: 9.5T current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

Iraq recorded 9.45 trillion current LCU for goods and services expense in 2019. That is the highest value across all 6 years on record.

Compared with earlier readings it is up 118.5% on the previous year and up 6.3% over ten years.

That places Iraq 9th out of 155 countries with data for 2019, putting it in the top 10%.

Countries ranked near Iraq

  1. 6 Uzbekistan 13.95 trillion current LCU compare
  2. 7 Uganda 10.37 trillion current LCU compare
  3. 8 Paraguay 9.54 trillion current LCU compare
  4. 10 Myanmar 7.10 trillion current LCU compare
  5. 11 Chile 6.03 trillion current LCU compare
  6. 12 Somalia 5.75 trillion current LCU compare

See the full ranking of 155 places →

More public sector data for Iraq

All data for Iraq →

Frequently asked questions

What is goods and services expense in Iraq?
Goods and services expense in Iraq was 9.45 trillion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest goods and services expense recorded in Iraq?
The highest recorded value was 9.45 trillion current LCU in 2019.
What is the lowest goods and services expense recorded in Iraq?
The lowest recorded value was 4.03 trillion current LCU in 2017.
How does Iraq rank for goods and services expense?
Iraq ranks 9th out of 155 countries with data for 2019.
Is goods and services expense rising or falling in Iraq?
Over the last ten years it is up 6.3%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.