Interest payments in Iraq
Iraq: Interest payments was 6.22 billion current LCU in 2019. ◆ Volatile
Interest payments in Iraq, 2014–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2019, interest payments in Iraq stood at 6.22 billion current LCU. That is the lowest value across all 6 years on record.
Compared with earlier readings it is down 99.9% on the previous year and down 99.1% over ten years.
That places Iraq 94th out of 155 countries with data for 2019, putting it 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 interest payments in Iraq?
- Interest payments in Iraq was 6.22 billion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Iraq?
- The highest recorded value was 5.53 trillion current LCU in 2018.
- What is the lowest interest payments recorded in Iraq?
- The lowest recorded value was 6.22 billion current LCU in 2019.
- How does Iraq rank for interest payments?
- Iraq ranks 94th out of 155 countries with data for 2019.
- Is interest payments rising or falling in Iraq?
- Over the last ten years it is down 99.1%. The long-run trend across the full record is volatile.
- 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.