Bank nonperforming loans to total gross loans in Iraq
Iraq: Bank nonperforming loans to total gross loans was 16.5% in 2024. ▲ Rising
Bank nonperforming loans to total gross loans in Iraq, 2015–2024
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
Iraq recorded 16.5% for bank nonperforming loans to total gross loans in 2024.
The figure is up 12.8% on the previous year and up 83.4% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Iraq peaked at 21.0% in 2020 and was at its lowest, 9.0%, in 2015.
That places Iraq 6th out of 151 countries with data for 2024, putting it in the top 10%.
Bank nonperforming loans to total gross loans in Iraq, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 9.0% | — |
| 2016 | 12.7% | +40.7% |
| 2017 | 14.8% | +17.0% |
| 2018 | 17.5% | +18.2% |
| 2019 | 16.2% | -7.8% |
| 2020 | 21.0% | +29.6% |
| 2021 | 18.5% | -11.8% |
| 2022 | 18.8% | +1.9% |
| 2023 | 14.7% | -22.2% |
| 2024 | 16.5% | +12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.1% | 9.0% | 17.5% | 5 |
| 2020s | 17.9% | 14.7% | 21.0% | 5 |
Countries ranked near Iraq
- 3 Algeria 20.7% compare
- 4 Bangladesh 19.0% compare
- 5 Ghana 18.9% compare
- 7 Central African Republic 16.2% compare
- 8 Saint Kitts and Nevis 15.8% compare
- 9 Congo 15.2% compare
More financial sector data for Iraq
- Net domestic credit (current LCU), per capita 1.71 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 280.79 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 41.67 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 196.49 million SDR (2025)
- Gold reserves at market value 17.90 billion SDR (2025)
- Reserves excluding gold, foreign exchange 53.46 billion SDR (2025)
- Reserves excluding gold 53.98 billion SDR (2025)
- Total reserves (gold at market value) 71.89 billion SDR (2025)
- Total reserves (gold at national valuation) 71.67 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,524 SDR per person (2025)
Frequently asked questions
- What is bank nonperforming loans to total gross loans in Iraq?
- Bank nonperforming loans to total gross loans in Iraq was 16.5% in 2024, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Iraq?
- The highest recorded value was 21.0% in 2020.
- What is the lowest bank nonperforming loans to total gross loans recorded in Iraq?
- The lowest recorded value was 9.0% in 2015.
- How does Iraq rank for bank nonperforming loans to total gross loans?
- Iraq ranks 6th out of 151 countries with data for 2024.
- Is bank nonperforming loans to total gross loans rising or falling in Iraq?
- Over the last ten years it is up 83.4%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
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About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.