Service imports in Iraq

Iraq: Service imports was 30.22 billion BoP, current US$ in 2024. ▲ Rising

Latest (2024)
30.22 billion BoP, current US$
Change on year
up 19.8%
World rank
41st
of 199 countries
All-time high
30.22 billion BoP, current US$
in 2024
All-time low
4.87 billion BoP, current US$
in 2007
Years of data
20
2005–2024

Service imports in Iraq, 2005–2024

010.0B20.0B30.0B2005201420242005: 6.1B BoP, current US$2006: 5.5B BoP, current US$2007: 4.9B BoP, current US$2008: 7.6B BoP, current US$2009: 8.6B BoP, current US$2010: 9.9B BoP, current US$2011: 11.1B BoP, current US$2012: 13.3B BoP, current US$2013: 17.6B BoP, current US$2014: 18.8B BoP, current US$2015: 17.8B BoP, current US$2016: 15.0B BoP, current US$2017: 16.3B BoP, current US$2018: 18.0B BoP, current US$2019: 22.9B BoP, current US$2020: 13.8B BoP, current US$2021: 16.0B BoP, current US$2022: 22.2B BoP, current US$2023: 25.2B BoP, current US$2024: 30.2B BoP, current US$

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

Analysis

Iraq recorded 30.22 billion BoP, current US$ for service imports in 2024. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 19.8% on the previous year and up 60.6% over ten years.

Over the whole period, service imports in Iraq peaked at 30.22 billion BoP, current US$ in 2024 and was at its lowest, 4.87 billion BoP, current US$, in 2007.

That places Iraq 41st out of 199 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.52 billion BoP, current US$ 4.87 billion BoP, current US$ 8.56 billion BoP, current US$ 5
2010s 16.06 billion BoP, current US$ 9.86 billion BoP, current US$ 22.86 billion BoP, current US$ 10
2020s 21.50 billion BoP, current US$ 13.82 billion BoP, current US$ 30.22 billion BoP, current US$ 5

Countries ranked near Iraq

  1. 38 Vietnam 35.60 billion BoP, current US$ compare
  2. 39 Qatar 31.35 billion BoP, current US$ compare
  3. 40 Greece 31.14 billion BoP, current US$ compare
  4. 42 Hungary 29.85 billion BoP, current US$ compare
  5. 43 Egypt 29.61 billion BoP, current US$ compare
  6. 44 Kuwait 29.60 billion BoP, current US$ compare

See the full ranking of 246 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is service imports in Iraq?
Service imports in Iraq was 30.22 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest service imports recorded in Iraq?
The highest recorded value was 30.22 billion BoP, current US$ in 2024.
What is the lowest service imports recorded in Iraq?
The lowest recorded value was 4.87 billion BoP, current US$ in 2007.
How does Iraq rank for service imports?
Iraq ranks 41st out of 199 countries with data for 2024.
Is service imports rising or falling in Iraq?
Over the last ten years it is up 60.6%. The long-run trend across the full record is rising.
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 Service imports (BoP, current US$). Statizoid updates them automatically from the source API.

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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Service imports (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
246 places, 9,773 data points, 1960–2025
Last refreshed

Imports of services are services provided by non-residents to residents. 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.