Goods and services expense in Iraq
Iraq: Goods and services expense was 9.45 trillion current LCU in 2019. ▬ Flat
Goods and services expense in Iraq, 2014–2019
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
More public sector data for Iraq
- Arms imports 23.00 million SIPRI trend indicator values (2024)
- Tax revenue 1.3% (2019)
- Taxes on income, profits and capital gains 2.0% (2019)
- Taxes on goods and services 0.4% (2019)
- Net investment in nonfinancial assets 9.0% (2019)
- Net lending (+) / net borrowing (-) 2.0% (2019)
- Interest payments 0.0% (2019)
- Grants and other revenue 96.5% (2019)
- Interest payments 0.0% (2019)
- Other taxes 0.2% (2019)
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
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.