Interest payments in Iraq
Iraq: Interest payments was 6.22 billion current LCU in 2019. ◆ Volatile
Interest payments in Iraq, 2014–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2019, interest payments in Iraq stood at 6.22 billion current LCU. That is the lowest value across all 6 years on record.
Compared with earlier readings it is down 99.9% on the previous year and down 99.1% over ten years.
That places Iraq 94th out of 155 countries with data for 2019, putting it in the middle of the range.
Interest payments in Iraq, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | 711.54 billion current LCU | — |
| 2015 | 655.70 billion current LCU | -7.8% |
| 2016 | 1.40 trillion current LCU | +113.9% |
| 2017 | 2.29 trillion current LCU | +63.2% |
| 2018 | 5.53 trillion current LCU | +141.3% |
| 2019 | 6.22 billion current LCU | -99.9% |
Iraq compared with similar countries
- Iraq's 6.22 billion current LCU is below the median for upper middle income countries, which is 34.20 billion current LCU, 18% of the median. (48 countries reporting)
- Iraq's 6.22 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.27 billion current LCU, 1.5× the median. (14 countries reporting)
Countries ranked near Iraq
More public sector data for Iraq
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- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
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Frequently asked questions
- What is interest payments in Iraq?
- Interest payments in Iraq was 6.22 billion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Iraq?
- The highest recorded value was 5.53 trillion current LCU in 2018.
- What is the lowest interest payments recorded in Iraq?
- The lowest recorded value was 6.22 billion current LCU in 2019.
- How does Iraq rank for interest payments?
- Iraq ranks 94th out of 155 countries with data for 2019.
- Is interest payments rising or falling in Iraq?
- Over the last ten years it is down 99.1%. The long-run trend across the full record is volatile.
- 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.