Use of IMF credit in Iraq
Iraq: Use of IMF credit was 3.56 billion DOD, current US$ in 2024. ▼ Falling
Use of IMF credit in Iraq, 2015–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for use of imf credit in Iraq is 3.56 billion DOD, current US$, measured in 2024.
The figure is down 2.8% on the previous year and up 24.5% over ten years.
Over the whole period, use of imf credit in Iraq peaked at 5.01 billion DOD, current US$ in 2017 and was at its lowest, 2.86 billion DOD, current US$, in 2015.
That places Iraq 26th out of 122 countries with data for 2024, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.12 billion DOD, current US$ | 2.86 billion DOD, current US$ | 5.01 billion DOD, current US$ | 5 |
| 2020s | 3.58 billion DOD, current US$ | 2.94 billion DOD, current US$ | 4.13 billion DOD, current US$ | 5 |
Countries ranked near Iraq
- 23 Democratic Republic of Congo 4.08 billion DOD, current US$ compare
- 24 Algeria 4.01 billion DOD, current US$ compare
- 25 Philippines 3.65 billion DOD, current US$ compare
- 27 Morocco 3.28 billion DOD, current US$ compare
- 28 Zambia 3.13 billion DOD, current US$ compare
- 29 Sri Lanka 2.90 billion DOD, current US$ compare
More external debt data for Iraq
- Public and publicly guaranteed debt service 1.2% (2024)
- Net financial flows, IDA -16.46 million NFL, current US$ (2024)
- Net financial flows, IBRD -255.68 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 2.8% (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 3.24 billion TDS, current US$ (2024)
- Net financial flows, multilateral -273.14 million NFL, current US$ (2024)
- Multilateral debt service 565.88 million TDS, current US$ (2024)
- Multilateral debt service 17.4% (2024)
- IMF repurchases and charges 139.45 million TDS, current US$ (2024)
- PPG, official creditors -1.56 billion NFL, US$ (2024)
Frequently asked questions
- What is use of imf credit in Iraq?
- Use of imf credit in Iraq was 3.56 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Iraq?
- The highest recorded value was 5.01 billion DOD, current US$ in 2017.
- What is the lowest use of imf credit recorded in Iraq?
- The lowest recorded value was 2.86 billion DOD, current US$ in 2015.
- How does Iraq rank for use of imf credit?
- Iraq ranks 26th out of 122 countries with data for 2024.
- Is use of imf credit rising or falling in Iraq?
- Over the last ten years it is up 24.5%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.