Net foreign assets in Iraq

Iraq: Net foreign assets was 167.41 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
167.41 trillion current LCU
Change on year
down 6.3%
World rank
7th
of 186 countries
All-time high
183.20 trillion current LCU
in 2022
All-time low
-96.80 billion current LCU
in 2005
Years of data
38
1960–2024

Net foreign assets in Iraq, 1960–2024

050.0T100.0T150.0T200.0T1960199220241960: 106.2M current LCU1961: 86.5M current LCU1962: 77.2M current LCU1963: 113.8M current LCU1964: 93.4M current LCU1965: 89.5M current LCU1966: 113.7M current LCU1967: 122.9M current LCU1968: 156.3M current LCU1969: 162.4M current LCU1970: 161.4M current LCU1971: 194.5M current LCU1972: 251.7M current LCU1973: 444.6M current LCU1974: 998.9M current LCU1975: 860.0M current LCU1976: 1.4B current LCU2004: 3.6T current LCU2005: -96.8B current LCU2006: 11.8T current LCU2007: 36.2T current LCU2008: 60.4T current LCU2009: 57.3T current LCU2010: 61.3T current LCU2011: 71.6T current LCU2012: 91.8T current LCU2013: 109.0T current LCU2014: 102.1T current LCU2015: 78.5T current LCU2016: 65.2T current LCU2017: 69.8T current LCU2018: 91.9T current LCU2019: 102.5T current LCU2020: 105.4T current LCU2021: 121.8T current LCU2022: 183.2T current LCU2023: 178.6T current LCU2024: 167.4T current LCU

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for net foreign assets in Iraq is 167.41 trillion current LCU, measured in 2024.

Compared with earlier readings it is down 6.3% on the previous year and up 63.9% over ten years.

Over the whole period, net foreign assets in Iraq peaked at 183.20 trillion current LCU in 2022 and was at its lowest, -96.80 billion current LCU, in 2005.

Iraq ranks 7th 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

DecadeAverage LowestHighest Years
1960s 112.19 million current LCU 77.20 million current LCU 162.44 million current LCU 10
1970s 621.41 million current LCU 161.36 million current LCU 1.44 billion current LCU 7
2000s 28.20 trillion current LCU -96.80 billion current LCU 60.41 trillion current LCU 6
2010s 84.38 trillion current LCU 61.32 trillion current LCU 108.98 trillion current LCU 10
2020s 151.29 trillion current LCU 105.42 trillion current LCU 183.20 trillion current LCU 5

Countries ranked near Iraq

  1. 4 South Korea 627.85 trillion current LCU compare
  2. 5 Uzbekistan 616.23 trillion current LCU compare
  3. 6 Colombia 241.28 trillion current LCU compare
  4. 8 Cambodia 132.36 trillion current LCU compare
  5. 9 Japan 70.71 trillion current LCU compare
  6. 10 India 66.95 trillion current LCU compare

See the full ranking of 186 places →

More financial sector data for Iraq

All data for Iraq →

Frequently asked questions

What is net foreign assets in Iraq?
Net foreign assets in Iraq was 167.41 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest net foreign assets recorded in Iraq?
The highest recorded value was 183.20 trillion current LCU in 2022.
What is the lowest net foreign assets recorded in Iraq?
The lowest recorded value was -96.80 billion current LCU in 2005.
How does Iraq rank for net foreign assets?
Iraq ranks 7th out of 186 countries with data for 2024.
Is net foreign assets rising or falling in Iraq?
Over the last ten years it is up 63.9%. 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 foreign assets (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net foreign assets (current LCU)
Unit
current LCU
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 9,009 data points, 1960–2025
Last refreshed

Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. 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.