Goods and services expense in Iraq
Iraq: Goods and services expense was 12.4% in 2019. ▼ Falling
Goods and services expense in Iraq, 2014–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2019, goods and services expense in Iraq stood at 12.4%.
The figure is up 88.6% on the previous year and down 4.5% over ten years.
Iraq ranks 92nd of 154 countries on this measure, in the middle of the range.
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 12.4% 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 13.0% in 2014.
- What is the lowest goods and services expense recorded in Iraq?
- The lowest recorded value was 6.6% in 2018.
- How does Iraq rank for goods and services expense?
- Iraq ranks 92nd out of 154 countries with data for 2019.
- Is goods and services expense rising or falling in Iraq?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is falling.
- 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 (% of expense). 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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.