Interest rate spread (lending rate minus deposit rate, %) in Iraq
Iraq: Interest rate spread (lending rate minus deposit rate, %) was 7.4% in 2015. ▬ Flat
Interest rate spread in Iraq, 2005–2015
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
The most recent figure for interest rate spread in Iraq is 7.4%, measured in 2015.
The figure is down 0.1% on the previous year and up 8.4% over ten years.
Over the whole period, interest rate spread in Iraq peaked at 8.7% in 2008 and was at its lowest, 6.9%, in 2005.
Iraq ranks 36th of 141 countries on this measure, in the top quarter.
Interest rate spread (lending rate minus deposit rate, %) in Iraq, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 2005 | 6.9% | — |
| 2006 | 7.8% | +13.1% |
| 2007 | 8.4% | +7.7% |
| 2008 | 8.7% | +3.9% |
| 2009 | 8.3% | -3.9% |
| 2010 | 8.3% | -0.6% |
| 2011 | 8.2% | -0.8% |
| 2012 | 8.0% | -2.7% |
| 2013 | 7.8% | -2.1% |
| 2014 | 7.4% | -4.9% |
| 2015 | 7.4% | -0.1% |
Iraq compared with similar countries
- Iraq's 7.4% is above the median for upper middle income countries, which is 5.4%, 1.4× the median. (49 countries reporting)
- Iraq's 7.4% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.3%, 2.2× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.0% | 6.9% | 8.7% | 5 |
| 2010s | 7.9% | 7.4% | 8.3% | 6 |
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 interest rate spread in Iraq?
- Interest rate spread in Iraq was 7.4% in 2015, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Iraq?
- The highest recorded value was 8.7% in 2008.
- What is the lowest interest rate spread recorded in Iraq?
- The lowest recorded value was 6.9% in 2005.
- How does Iraq rank for interest rate spread?
- Iraq ranks 36th out of 141 countries with data for 2015.
- Is interest rate spread rising or falling in Iraq?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is flat.
- Where does this Iraq data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.