Subsidies and other transfers in Iraq
Iraq: Subsidies and other transfers was 24.47 trillion current LCU in 2019. ▲ Rising
Subsidies and other transfers in Iraq, 2014–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Iraq is 24.47 trillion current LCU, measured in 2019. That is the highest value across all 6 years on record.
That represents a change of up 24.2% on the previous year and up 6.1% over ten years.
That places Iraq 10th out of 153 countries with data for 2019, putting it in the top 10%.
Countries ranked near Iraq
More public sector data for Iraq
- Arms imports 23.00 million SIPRI trend indicator values (2024)
- Tax revenue 1.3% (2019)
- Taxes on income, profits and capital gains 2.0% (2019)
- Taxes on goods and services 0.4% (2019)
- Net investment in nonfinancial assets 9.0% (2019)
- Net lending (+) / net borrowing (-) 2.0% (2019)
- Interest payments 0.0% (2019)
- Grants and other revenue 96.5% (2019)
- Interest payments 0.0% (2019)
- Other taxes 0.2% (2019)
Frequently asked questions
- What is subsidies and other transfers in Iraq?
- Subsidies and other transfers in Iraq was 24.47 trillion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Iraq?
- The highest recorded value was 24.47 trillion current LCU in 2019.
- What is the lowest subsidies and other transfers recorded in Iraq?
- The lowest recorded value was 15.29 trillion current LCU in 2015.
- How does Iraq rank for subsidies and other transfers?
- Iraq ranks 10th out of 153 countries with data for 2019.
- Is subsidies and other transfers rising or falling in Iraq?
- Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.