Net domestic credit in Iraq
Iraq: Net domestic credit was 78.52 trillion current LCU in 2024. ◆ Volatile
Net domestic credit in Iraq, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Iraq recorded 78.52 trillion current LCU for net domestic credit in 2024. That is the highest value across all 38 years on record.
The figure is up 41.7% on the previous year and up 8,314.8% over ten years.
Over the whole period, net domestic credit in Iraq peaked at 78.52 trillion current LCU in 2024 and was at its lowest, -25.72 trillion current LCU, in 2008.
Iraq ranks 16th of 186 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 142.44 million current LCU | 50.50 million current LCU | 232.99 million current LCU | 10 |
| 1970s | 175.26 million current LCU | 8.87 million current LCU | 252.09 million current LCU | 7 |
| 2000s | -8.54 trillion current LCU | -25.72 trillion current LCU | 3.78 trillion current LCU | 6 |
| 2010s | 13.04 trillion current LCU | -4.74 trillion current LCU | 40.98 trillion current LCU | 10 |
| 2020s | 59.64 trillion current LCU | 41.27 trillion current LCU | 78.52 trillion current LCU | 5 |
Countries ranked near Iraq
More financial sector data for Iraq
- Domestic credit to private sector 14.0% (2024)
- Claims on central government, etc. 7.2% (2024)
- Broad money 47.9% (2024)
- Monetary Sector credit to private sector 14.0% (2024)
- Net foreign assets 167.41 trillion current LCU (2024)
- Total reserves in months of imports 11.21 (2024)
- Net migration -1,064 (2025)
- Domestic credit to private sector by banks 14.0% (2024)
- Official exchange rate 1,300 LCU per US$, period average (2024)
- Claims on central government 9.2% (2024)
Frequently asked questions
- What is net domestic credit in Iraq?
- Net domestic credit in Iraq was 78.52 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Iraq?
- The highest recorded value was 78.52 trillion current LCU in 2024.
- What is the lowest net domestic credit recorded in Iraq?
- The lowest recorded value was -25.72 trillion current LCU in 2008.
- How does Iraq rank for net domestic credit?
- Iraq ranks 16th out of 186 countries with data for 2024.
- Is net domestic credit rising or falling in Iraq?
- Over the last ten years it is up 8,314.8%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. 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.