Net lending (+) / net borrowing (-) in Iraq
Iraq: Net lending (+) / net borrowing (-) was 2.0% in 2019. ◆ Volatile
Net lending (+) / net borrowing (-) in Iraq, 2014–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Iraq recorded 2.0% for net lending (+) / net borrowing (-) in 2019.
Compared with earlier readings it is down 78.8% on the previous year and up 172.4% over ten years.
That places Iraq 19th out of 156 countries with data for 2019, putting it in the top quarter.
Net lending (+) / net borrowing (-) in Iraq, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | -2.8% | — |
| 2015 | -6.0% | +117.4% |
| 2016 | -7.1% | +17.7% |
| 2017 | 1.1% | -116.2% |
| 2018 | 9.4% | +724.9% |
| 2019 | 2.0% | -78.8% |
Countries ranked near Iraq
- 16 Kyrgyzstan 3.2% compare
- 17 Nicaragua 2.3% compare
- 18 Andorra 2.3%
- 20 Mongolia 1.8% compare
- 21 Timor-Leste 1.6% compare
- 22 Russian Federation 1.6% compare
More public sector data for Iraq
- Arms imports 23.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4995 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -20.69 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 23.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 134.19 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0221 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 11.95 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.18 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 66.8 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Iraq?
- Net lending (+) / net borrowing (-) in Iraq was 2.0% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Iraq?
- The highest recorded value was 9.4% in 2018.
- What is the lowest net lending (+) / net borrowing (-) recorded in Iraq?
- The lowest recorded value was -7.1% in 2016.
- How does Iraq rank for net lending (+) / net borrowing (-)?
- Iraq ranks 19th out of 156 countries with data for 2019.
- Is net lending (+) / net borrowing (-) rising or falling in Iraq?
- Over the last ten years it is up 172.4%. 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 Net lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.