Tax revenue in Iraq
Iraq: Tax revenue was 3.71 trillion current LCU in 2019. ▲ Rising
Tax revenue in Iraq, 2014–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2019, tax revenue in Iraq stood at 3.71 trillion current LCU.
The figure is down 30.4% on the previous year and up 52.4% over ten years.
That places Iraq 30th out of 157 countries with data for 2019, putting it in the top quarter.
Countries ranked near Iraq
- 27 Cote d'Ivoire 6.39 trillion current LCU compare
- 28 Mexico 4.97 trillion current LCU compare
- 29 Philippines 3.80 trillion current LCU compare
- 31 Senegal 3.64 trillion current LCU compare
- 32 United States 3.16 trillion current LCU compare
- 33 Malawi 3.07 trillion current LCU compare
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 tax revenue in Iraq?
- Tax revenue in Iraq was 3.71 trillion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Iraq?
- The highest recorded value was 5.96 trillion current LCU in 2017.
- What is the lowest tax revenue recorded in Iraq?
- The lowest recorded value was 2.44 trillion current LCU in 2014.
- How does Iraq rank for tax revenue?
- Iraq ranks 30th out of 157 countries with data for 2019.
- Is tax revenue rising or falling in Iraq?
- Over the last ten years it is up 52.4%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.