Money in Iraq
Iraq: Money was 30.58 trillion in 2008. ◆ Volatile
Money in Iraq, 1950–2008
Source: International Monetary Fund.
Analysis
Iraq recorded 30.58 trillion for money in 2008. That is the highest value across all 32 years on record.
That represents a change of up 33.8% on the previous year and up 198.5% over five years.
Over the whole period, money in Iraq peaked at 30.58 trillion in 2008 and was at its lowest, 43.40 million, in 1952.
Iraq ranks 10th of 162 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Money in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 47.30 million | — |
| 1951 | 45.90 million | -3.0% |
| 1952 | 43.40 million | -5.4% |
| 1953 | 50.90 million | +17.3% |
| 1954 | 59.80 million | +17.5% |
| 1955 | 64.50 million | +7.9% |
| 1956 | 73.00 million | +13.2% |
| 1957 | 79.40 million | +8.8% |
| 1958 | 95.70 million | +20.5% |
| 1959 | 107.30 million | +12.1% |
| 1960 | 103.30 million | -3.7% |
| 1961 | 104.50 million | +1.2% |
| 1962 | 113.10 million | +8.2% |
| 1963 | 126.70 million | +12.0% |
| 1964 | 128.20 million | +1.2% |
| 1965 | 144.92 million | +13.0% |
| 1966 | 156.17 million | +7.8% |
| 1967 | 166.08 million | +6.3% |
| 1968 | 178.90 million | +7.7% |
| 1969 | 206.53 million | +15.4% |
| 1970 | 218.51 million | +5.8% |
| 1971 | 228.13 million | +4.4% |
| 1972 | 260.94 million | +14.4% |
| 1973 | 324.85 million | +24.5% |
| 1974 | 464.59 million | +43.0% |
| 1975 | 629.03 million | +35.4% |
| 1976 | 762.49 million | +21.2% |
| 2004 | 10.24 trillion | +1343419.3% |
| 2005 | 11.86 trillion | +15.8% |
| 2006 | 15.58 trillion | +31.4% |
| 2007 | 22.86 trillion | +46.7% |
| 2008 | 30.58 trillion | +33.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 66.72 million | 43.40 million | 107.30 million | 10 |
| 1960s | 142.84 million | 103.30 million | 206.53 million | 10 |
| 1970s | 412.65 million | 218.51 million | 762.49 million | 7 |
| 2000s | 18.22 trillion | 10.24 trillion | 30.58 trillion | 5 |
Countries ranked near Iraq
More financial sector data for Iraq
- Net domestic credit (current LCU), per capita 1.71 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 280.79 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 41.67 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 196.49 million SDR (2025)
- Gold reserves at market value 17.90 billion SDR (2025)
- Reserves excluding gold, foreign exchange 53.46 billion SDR (2025)
- Reserves excluding gold 53.98 billion SDR (2025)
- Total reserves (gold at market value) 71.89 billion SDR (2025)
- Total reserves (gold at national valuation) 71.67 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,524 SDR per person (2025)
Frequently asked questions
- What is money in Iraq?
- Money in Iraq was 30.58 trillion in 2008, according to International Monetary Fund.
- What is the highest money recorded in Iraq?
- The highest recorded value was 30.58 trillion in 2008.
- What is the lowest money recorded in Iraq?
- The lowest recorded value was 43.40 million in 1952.
- How does Iraq rank for money?
- Iraq ranks 10th out of 162 countries with data for 2008.
- Where does this Iraq data come from?
- The figures come from International Monetary Fund, published as part of Money (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.