Currency in circulation outside of depository corporations in Iraq
Iraq: Currency in circulation outside of depository corporations was 93.40 trillion Domestic currency in 2024. ◆ Volatile
Latest (2024)
93.40 trillion Domestic currency
Change on year
down 1.3%
World rank
5th
of 145 countries
All-time high
94.62 trillion Domestic currency
in 2023
All-time low
6.73 trillion Domestic currency
in 2004
Years of data
21
2004–2024
Currency in circulation outside of depository corporations in Iraq, 2004–2024
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Iraq recorded 93.40 trillion Domestic currency for currency in circulation outside of depository corporations in 2024.
That represents a change of down 1.3% on the previous year and up 158.9% over ten years.
Over the whole period, currency in circulation outside of depository corporations in Iraq peaked at 94.62 trillion Domestic currency in 2023 and was at its lowest, 6.73 trillion Domestic currency, in 2004.
That places Iraq 5th out of 145 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Currency in circulation outside of depository corporations in Iraq, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2004 | 6.73 trillion Domestic currency | — |
| 2005 | 9.11 trillion Domestic currency | +35.3% |
| 2006 | 10.97 trillion Domestic currency | +20.4% |
| 2007 | 14.23 trillion Domestic currency | +29.8% |
| 2008 | 18.49 trillion Domestic currency | +29.9% |
| 2009 | 21.78 trillion Domestic currency | +17.8% |
| 2010 | 24.34 trillion Domestic currency | +11.8% |
| 2011 | 28.30 trillion Domestic currency | +16.2% |
| 2012 | 30.59 trillion Domestic currency | +8.1% |
| 2013 | 35.00 trillion Domestic currency | +14.4% |
| 2014 | 36.07 trillion Domestic currency | +3.1% |
| 2015 | 34.86 trillion Domestic currency | -3.4% |
| 2016 | 42.08 trillion Domestic currency | +20.7% |
| 2017 | 40.34 trillion Domestic currency | -4.1% |
| 2018 | 40.50 trillion Domestic currency | +0.4% |
| 2019 | 47.64 trillion Domestic currency | +17.6% |
| 2020 | 59.99 trillion Domestic currency | +25.9% |
| 2021 | 71.53 trillion Domestic currency | +19.2% |
| 2022 | 82.03 trillion Domestic currency | +14.7% |
| 2023 | 94.62 trillion Domestic currency | +15.3% |
| 2024 | 93.40 trillion Domestic currency | -1.3% |
Iraq compared with similar countries
- Iraq's 93.40 trillion Domestic currency is above the median for upper middle income countries, which is 152.22 billion Domestic currency, 613.6× the median. (47 countries reporting)
- Iraq's 93.40 trillion Domestic currency is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 127.27 billion Domestic currency, 733.9× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.55 trillion Domestic currency | 6.73 trillion Domestic currency | 21.78 trillion Domestic currency | 6 |
| 2010s | 35.97 trillion Domestic currency | 24.34 trillion Domestic currency | 47.64 trillion Domestic currency | 10 |
| 2020s | 80.31 trillion Domestic currency | 59.99 trillion Domestic currency | 94.62 trillion Domestic currency | 5 |
Countries ranked near Iraq
- 2 Korea 182.67 trillion Domestic currency compare
- 3 Colombia 154.54 trillion Domestic currency compare
- 4 Japan 115.64 trillion Domestic currency compare
- 6 Uzbekistan 68.45 trillion Domestic currency compare
- 7 Argentina 24.58 trillion Domestic currency compare
- 8 Paraguay 17.26 trillion Domestic currency compare
More financial sector data for Iraq
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 8.44 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 6.17 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 8.44 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is currency in circulation outside of depository corporations in Iraq?
- Currency in circulation outside of depository corporations in Iraq was 93.40 trillion Domestic currency in 2024, according to International Monetary Fund.
- What is the highest currency in circulation outside of depository corporations recorded in Iraq?
- The highest recorded value was 94.62 trillion Domestic currency in 2023.
- What is the lowest currency in circulation outside of depository corporations recorded in Iraq?
- The lowest recorded value was 6.73 trillion Domestic currency in 2004.
- How does Iraq rank for currency in circulation outside of depository corporations?
- Iraq ranks 5th out of 145 countries with data for 2024.
- Is currency in circulation outside of depository corporations rising or falling in Iraq?
- Over the last ten years it is up 158.9%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from International Monetary Fund, published as part of Currency in circulation outside of depository corporations (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
Monetary and Financial Statistics (MFS), Monetary Aggregates 2026 April