Net secondary income in Iraq

Iraq: Net secondary income was 357.40 million BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
357.40 million BoP, current US$
Change on year
down 50.9%
World rank
96th
of 199 countries
All-time high
3.24 billion BoP, current US$
in 2005
All-time low
-5.11 billion BoP, current US$
in 2012
Years of data
20
2005–2024

Net secondary income in Iraq, 2005–2024

-6.0B-4.0B-2.0B02.0B4.0B2005201420242005: 3.2B BoP, current US$2006: -462.1M BoP, current US$2007: -380.5M BoP, current US$2008: -2.9B BoP, current US$2009: -2.0B BoP, current US$2010: -2.5B BoP, current US$2011: -4.4B BoP, current US$2012: -5.1B BoP, current US$2013: -4.9B BoP, current US$2014: -3.2B BoP, current US$2015: 543.4M BoP, current US$2016: 1.0B BoP, current US$2017: 1.2B BoP, current US$2018: 1.1B BoP, current US$2019: 308.2M BoP, current US$2020: -300.5M BoP, current US$2021: -924.4M BoP, current US$2022: 1.0B BoP, current US$2023: 728.6M BoP, current US$2024: 357.4M BoP, current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

In 2024, net secondary income in Iraq stood at 357.40 million BoP, current US$.

That represents a change of down 50.9% on the previous year and up 111.3% over ten years.

Over the whole period, net secondary income in Iraq peaked at 3.24 billion BoP, current US$ in 2005 and was at its lowest, -5.11 billion BoP, current US$, in 2012.

That places Iraq 96th out of 199 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s -508.24 million BoP, current US$ -2.94 billion BoP, current US$ 3.24 billion BoP, current US$ 5
2010s -1.59 billion BoP, current US$ -5.11 billion BoP, current US$ 1.18 billion BoP, current US$ 10
2020s 179.90 million BoP, current US$ -924.40 million BoP, current US$ 1.04 billion BoP, current US$ 5

Countries ranked near Iraq

  1. 93 Niger 420.92 million BoP, current US$ compare
  2. 94 Laos 390.44 million BoP, current US$ compare
  3. 95 Sierra Leone 387.60 million BoP, current US$ compare
  4. 97 Armenia 347.93 million BoP, current US$ compare
  5. 98 Mauritania 335.30 million BoP, current US$ compare
  6. 99 New Caledonia 330.89 million BoP, current US$ compare

See the full ranking of 200 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is net secondary income in Iraq?
Net secondary income in Iraq was 357.40 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest net secondary income recorded in Iraq?
The highest recorded value was 3.24 billion BoP, current US$ in 2005.
What is the lowest net secondary income recorded in Iraq?
The lowest recorded value was -5.11 billion BoP, current US$ in 2012.
How does Iraq rank for net secondary income?
Iraq ranks 96th out of 199 countries with data for 2024.
Is net secondary income rising or falling in Iraq?
Over the last ten years it is up 111.3%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net secondary income (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,778 data points, 1960–2025
Last refreshed

Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.