Loans from nonresident banks (amounts outstanding) to GDP in Iraq
Iraq: Loans from nonresident banks (amounts outstanding) to GDP was 2.2% in 2021. ▼ Falling
Loans from nonresident banks (amounts outstanding) to GDP in Iraq, 2006–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
Iraq recorded 2.2% for loans from nonresident banks (amounts outstanding) to gdp in 2021.
Compared with earlier readings it is down 11.3% on the previous year and up 56.6% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Iraq peaked at 4.1% in 2006 and was at its lowest, 1.1%, in 2013.
Iraq ranks 127th of 136 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Loans from nonresident banks (amounts outstanding) to GDP in Iraq, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 4.1% | — |
| 2007 | 3.0% | -26.7% |
| 2008 | 2.1% | -32.5% |
| 2009 | 2.4% | +16.1% |
| 2010 | 1.9% | -19.4% |
| 2011 | 1.4% | -25.4% |
| 2012 | 1.2% | -14.8% |
| 2013 | 1.1% | -7.1% |
| 2014 | 1.2% | +2.7% |
| 2015 | 1.6% | +37.0% |
| 2016 | 1.6% | +0.1% |
| 2017 | 2.5% | +55.9% |
| 2018 | 2.0% | -17.7% |
| 2019 | 2.0% | -2.7% |
| 2020 | 2.5% | +26.7% |
| 2021 | 2.2% | -11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.9% | 2.1% | 4.1% | 4 |
| 2010s | 1.7% | 1.1% | 2.5% | 10 |
| 2020s | 2.4% | 2.2% | 2.5% | 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 loans from nonresident banks (amounts outstanding) to gdp in Iraq?
- Loans from nonresident banks (amounts outstanding) to gdp in Iraq was 2.2% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Iraq?
- The highest recorded value was 4.1% in 2006.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Iraq?
- The lowest recorded value was 1.1% in 2013.
- How does Iraq rank for loans from nonresident banks (amounts outstanding) to gdp?
- Iraq ranks 127th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Iraq?
- Over the last ten years it is up 56.6%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.