External loans and deposits of reporting banks vis-à-vis the banking in Iraq
Iraq: External loans and deposits of reporting banks vis-à-vis the banking was 16.7% in 2021. ▲ Rising
External loans and deposits of reporting banks vis-à-vis the banking in Iraq, 2004–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
In 2021, external loans and deposits of reporting banks vis-à-vis the banking in Iraq stood at 16.7%.
Compared with earlier readings it is up 35.1% on the previous year and up 61.8% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Iraq peaked at 33.7% in 2014 and was at its lowest, 5.1%, in 2004.
Iraq ranks 66th of 180 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
External loans and deposits of reporting banks vis-à-vis the banking in Iraq, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 2004 | 5.1% | — |
| 2005 | 9.8% | +91.8% |
| 2006 | 21.2% | +116.4% |
| 2007 | 10.9% | -48.7% |
| 2008 | 16.3% | +49.9% |
| 2009 | 18.2% | +11.5% |
| 2010 | 13.3% | -26.9% |
| 2011 | 10.3% | -22.3% |
| 2012 | 11.0% | +6.2% |
| 2013 | 22.8% | +107.7% |
| 2014 | 33.7% | +47.9% |
| 2015 | 16.3% | -51.6% |
| 2016 | 10.3% | -37.1% |
| 2017 | 10.4% | +1.0% |
| 2018 | 15.1% | +45.2% |
| 2019 | 19.2% | +27.3% |
| 2020 | 12.4% | -35.4% |
| 2021 | 16.7% | +35.1% |
Iraq compared with similar countries
- Iraq's 16.7% is above the median for upper middle income countries, which is 10.4%, 1.6× the median. (53 countries reporting)
- Iraq's 16.7% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 16.7%, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.6% | 5.1% | 21.2% | 6 |
| 2010s | 16.2% | 10.3% | 33.7% | 10 |
| 2020s | 14.6% | 12.4% | 16.7% | 2 |
Countries ranked near Iraq
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 external loans and deposits of reporting banks vis-à-vis the banking in Iraq?
- External loans and deposits of reporting banks vis-à-vis the banking in Iraq was 16.7% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Iraq?
- The highest recorded value was 33.7% in 2014.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Iraq?
- The lowest recorded value was 5.1% in 2004.
- How does Iraq rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Iraq ranks 66th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Iraq?
- Over the last ten years it is up 61.8%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis the banking sector (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.