Lending Rate, Percent per annum in Iraq
Iraq: Lending Rate, Percent per annum was 12.29 in 2015. ▼ Falling
Lending Rate, Percent per annum in Iraq, 2004–2015
Source: International Monetary Fund.
Analysis
In 2015, lending rate, percent per annum in Iraq stood at 12.29. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 2.5% on the previous year and down 8.4% over ten years.
Over the whole period, lending rate, percent per annum in Iraq peaked at 19.21 in 2008 and was at its lowest, 12.29, in 2015.
That places Iraq 51st out of 144 countries with data for 2015, putting it in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Lending Rate, Percent per annum in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 13.27 | — |
| 2005 | 13.42 | +1.1% |
| 2006 | 14.38 | +7.1% |
| 2007 | 18.78 | +30.7% |
| 2008 | 19.21 | +2.3% |
| 2009 | 16.16 | -15.9% |
| 2010 | 14.35 | -11.2% |
| 2011 | 14.13 | -1.5% |
| 2012 | 13.87 | -1.9% |
| 2013 | 13.57 | -2.1% |
| 2014 | 12.6 | -7.2% |
| 2015 | 12.29 | -2.5% |
Iraq compared with similar countries
- Iraq's 12.29 is above the median for upper middle income countries, which is 8.99, 1.4× the median. (46 countries reporting)
- Iraq's 12.29 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 8.1, 1.5× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.87 | 13.27 | 19.21 | 6 |
| 2010s | 13.47 | 12.29 | 14.35 | 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 lending rate, percent per annum in Iraq?
- Lending rate, percent per annum in Iraq was 12.29 in 2015, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Iraq?
- The highest recorded value was 19.21 in 2008.
- What is the lowest lending rate, percent per annum recorded in Iraq?
- The lowest recorded value was 12.29 in 2015.
- How does Iraq rank for lending rate, percent per annum?
- Iraq ranks 51st out of 144 countries with data for 2015.
- Is lending rate, percent per annum rising or falling in Iraq?
- Over the last ten years it is down 8.4%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from International Monetary Fund, published as part of Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.