Broad money in Iraq
Iraq: Broad money was 47.9% in 2024. ▲ Rising
Broad money in Iraq, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Iraq recorded 47.9% for broad money in 2024.
The figure is down 6.4% on the previous year and up 37.1% over ten years.
Over the whole period, broad money in Iraq peaked at 55.6% in 2020 and was at its lowest, 19.2%, in 1974.
That places Iraq 103rd out of 166 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 38 years of available data.
Broad money in Iraq, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 24.1% | — |
| 1961 | 22.8% | -5.1% |
| 1962 | 23.2% | +1.7% |
| 1963 | 25.4% | +9.2% |
| 1964 | 21.8% | -13.9% |
| 1965 | 23.7% | +8.3% |
| 1966 | 23.5% | -0.7% |
| 1967 | 24.7% | +5.1% |
| 1968 | 24.0% | -2.8% |
| 1969 | 26.5% | +10.3% |
| 1970 | 25.5% | -3.6% |
| 1971 | 23.5% | -7.9% |
| 1972 | 26.6% | +13.2% |
| 1973 | 29.4% | +10.6% |
| 1974 | 19.2% | -34.8% |
| 1975 | 22.8% | +18.9% |
| 1976 | 21.1% | -7.6% |
| 2004 | 27.0% | +28.0% |
| 2005 | 20.2% | -24.9% |
| 2006 | 20.8% | +2.9% |
| 2007 | 24.5% | +17.6% |
| 2008 | 23.5% | -4.0% |
| 2009 | 35.8% | +52.3% |
| 2010 | 37.9% | +5.8% |
| 2011 | 34.1% | -10.0% |
| 2012 | 30.4% | -10.9% |
| 2013 | 32.7% | +7.8% |
| 2014 | 34.9% | +6.7% |
| 2015 | 43.4% | +24.4% |
| 2016 | 45.9% | +5.8% |
| 2017 | 41.9% | -8.8% |
| 2018 | 35.5% | -15.3% |
| 2019 | 37.5% | +5.6% |
| 2020 | 55.6% | +48.4% |
| 2021 | 46.0% | -17.3% |
| 2022 | 40.4% | -12.2% |
| 2023 | 51.2% | +26.7% |
| 2024 | 47.9% | -6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.0% | 21.8% | 26.5% | 10 |
| 1970s | 24.0% | 19.2% | 29.4% | 7 |
| 2000s | 25.3% | 20.2% | 35.8% | 6 |
| 2010s | 37.4% | 30.4% | 45.9% | 10 |
| 2020s | 48.2% | 40.4% | 55.6% | 5 |
Countries ranked near Iraq
- 100 Costa Rica 50.6% compare
- 101 Venezuela, Bolivarian Republic of 48.6% compare
- 102 Mexico 48.0% compare
- 104 Bangladesh 47.9% compare
- 105 Solomon Islands 47.8% compare
- 106 Gambia 46.9% compare
More financial sector data for Iraq
- Total reserves (gold at national valuation) (SDR), annual growth rate -7.63 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 1,678 SDR per person (2024)
- Total reserves in months of imports, annual growth rate -29.4 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -19.45 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2102 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,137 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -19.12 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,148 SDR per person (2025)
Frequently asked questions
- What is broad money in Iraq?
- Broad money in Iraq was 47.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Iraq?
- The highest recorded value was 55.6% in 2020.
- What is the lowest broad money recorded in Iraq?
- The lowest recorded value was 19.2% in 1974.
- How does Iraq rank for broad money?
- Iraq ranks 103rd out of 166 countries with data for 2024.
- Is broad money rising or falling in Iraq?
- Over the last ten years it is up 37.1%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. 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.