Real interest rate in Iraq
Iraq: Real interest rate was 57.6% in 2015. ◆ Volatile
Real interest rate in Iraq, 2004–2015
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for real interest rate in Iraq is 57.6%, measured in 2015. That is the highest value across all 12 years on record.
The figure is up 215.1% on the previous year and up 448.9% over ten years.
Over the whole period, real interest rate in Iraq peaked at 57.6% in 2015 and was at its lowest, -16.5%, in 2005.
Iraq ranks 1st of 148 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 |
|---|---|---|---|---|
| 2000s | 2.1% | -16.5% | 44.3% | 6 |
| 2010s | 15.0% | -8.5% | 57.6% | 6 |
Countries ranked near Iraq
- 2 Madagascar 47.6% compare
- 3 Brazil 37.5% compare
- 4 Tajikistan 19.2% compare
More financial sector data for Iraq
- Domestic credit to private sector 14.0% (2024)
- Net domestic credit 78.52 trillion current LCU (2024)
- Total reserves in months of imports 11.21 (2024)
- Net foreign assets 167.41 trillion current LCU (2024)
- Domestic credit to private sector by banks 14.0% (2024)
- Claims on central government, etc. 7.2% (2024)
- Monetary Sector credit to private sector 14.0% (2024)
- Broad money 47.9% (2024)
- Official exchange rate 1,300 LCU per US$, period average (2024)
- Net migration -1,064 (2025)
Frequently asked questions
- What is real interest rate in Iraq?
- Real interest rate in Iraq was 57.6% in 2015, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Iraq?
- The highest recorded value was 57.6% in 2015.
- What is the lowest real interest rate recorded in Iraq?
- The lowest recorded value was -16.5% in 2005.
- How does Iraq rank for real interest rate?
- Iraq ranks 1st out of 148 countries with data for 2015.
- Is real interest rate rising or falling in Iraq?
- Over the last ten years it is up 448.9%. 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 Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.