Interest payments in Iraq
Iraq: Interest payments was 0.0% in 2019. ◆ Volatile
Interest payments in Iraq, 2014–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for interest payments in Iraq is 0.0%, measured in 2019. 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 99.2% over ten years.
That places Iraq 152nd out of 152 countries with data for 2019, putting it in the bottom quarter.
Interest payments in Iraq, year by year
| Year | % of expense | Change |
|---|---|---|
| 2014 | 1.0% | — |
| 2015 | 1.2% | +19.9% |
| 2016 | 2.7% | +115.2% |
| 2017 | 4.0% | +48.3% |
| 2018 | 8.4% | +111.0% |
| 2019 | 0.0% | -99.9% |
Iraq compared with similar countries
- Iraq's 0.0% is below the median for upper middle income countries, which is 8.8%, 0% of the median. (47 countries reporting)
- Iraq's 0.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.3%, 0% of the median. (14 countries reporting)
Countries ranked near Iraq
- 149 Afghanistan 0.1%
- 150 East Timor 0.1% compare
- 151 Kuwait 0.1%
More public sector data for Iraq
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Iraq?
- Interest payments in Iraq was 0.0% 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 8.4% in 2018.
- What is the lowest interest payments recorded in Iraq?
- The lowest recorded value was 0.0% in 2019.
- How does Iraq rank for interest payments?
- Iraq ranks 152nd out of 152 countries with data for 2019.
- Is interest payments rising or falling in Iraq?
- Over the last ten years it is down 99.2%. 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 (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.