Monetary Sector credit to private sector in Iraq
Iraq: Monetary Sector credit to private sector was 14.0% in 2024. ▼ Falling
Monetary Sector credit to private sector in Iraq, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Iraq is 14.0%, measured in 2024.
That represents a change of up 11.5% on the previous year and up 105.3% over ten years.
Over the whole period, monetary sector credit to private sector in Iraq peaked at 15.2% in 1965 and was at its lowest, 1.3%, in 2004.
Iraq ranks 154th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 38 years of available data.
Monetary Sector credit to private sector in Iraq, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 9.3% | — |
| 1961 | 10.0% | +7.2% |
| 1962 | 9.9% | -1.1% |
| 1963 | 10.1% | +1.6% |
| 1964 | 9.0% | -10.5% |
| 1965 | 15.2% | +69.0% |
| 1966 | 14.8% | -3.0% |
| 1967 | 14.3% | -3.1% |
| 1968 | 13.6% | -4.9% |
| 1969 | 13.6% | +0.0% |
| 1970 | 14.1% | +3.3% |
| 1971 | 12.5% | -11.3% |
| 1972 | 12.7% | +1.5% |
| 1973 | 12.0% | -5.5% |
| 1974 | 7.0% | -41.8% |
| 1975 | 7.2% | +3.3% |
| 1976 | 6.6% | -8.9% |
| 2004 | 1.3% | -80.7% |
| 2005 | 1.6% | +22.8% |
| 2006 | 2.3% | +45.5% |
| 2007 | 2.5% | +9.4% |
| 2008 | 2.7% | +8.3% |
| 2009 | 3.8% | +40.9% |
| 2010 | 5.4% | +42.7% |
| 2011 | 5.4% | +0.4% |
| 2012 | 5.9% | +9.1% |
| 2013 | 6.3% | +7.2% |
| 2014 | 6.8% | +7.6% |
| 2015 | 9.9% | +44.9% |
| 2016 | 10.1% | +2.0% |
| 2017 | 9.5% | -5.2% |
| 2018 | 8.6% | -10.2% |
| 2019 | 8.8% | +2.7% |
| 2020 | 13.3% | +51.2% |
| 2021 | 11.2% | -15.9% |
| 2022 | 9.5% | -14.8% |
| 2023 | 12.6% | +31.6% |
| 2024 | 14.0% | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.0% | 9.0% | 15.2% | 10 |
| 1970s | 10.3% | 6.6% | 14.1% | 7 |
| 2000s | 2.3% | 1.3% | 3.8% | 6 |
| 2010s | 7.7% | 5.4% | 10.1% | 10 |
| 2020s | 12.1% | 9.5% | 14.0% | 5 |
Countries ranked near Iraq
More financial sector data for Iraq
- Total reserves in months of imports, annual growth rate -29.4 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -19.45 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2102 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,137 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -19.12 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,148 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -6.89 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,529 SDR per person (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Iraq?
- Monetary sector credit to private sector in Iraq was 14.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Iraq?
- The highest recorded value was 15.2% in 1965.
- What is the lowest monetary sector credit to private sector recorded in Iraq?
- The lowest recorded value was 1.3% in 2004.
- How does Iraq rank for monetary sector credit to private sector?
- Iraq ranks 154th out of 186 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Iraq?
- Over the last ten years it is up 105.3%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.