Net domestic credit (current LCU), annual growth rate in Iraq
Iraq: Net domestic credit (current LCU), annual growth rate was 41.67 % change on previous year in 2024. ◆ Volatile
Net domestic credit (current LCU), annual growth rate in Iraq, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iraq recorded 41.67 % change on previous year for net domestic credit (current lcu), annual growth rate in 2024.
Compared with earlier readings it is up 21.5% on the previous year and down 66.6% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Iraq peaked at 124.66 % change on previous year in 2014 and was at its lowest, -396.52 % change on previous year, in 2006.
That places Iraq 13th out of 186 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 57.03 % change on previous year | — |
| 1962 | 28.88 % change on previous year | -49.4% |
| 1963 | -18 % change on previous year | -162.3% |
| 1964 | 30.91 % change on previous year | -271.7% |
| 1965 | 68.77 % change on previous year | +122.5% |
| 1966 | 3.92 % change on previous year | -94.3% |
| 1967 | -0.499 % change on previous year | -112.7% |
| 1968 | 2.86 % change on previous year | -672.6% |
| 1969 | 18.32 % change on previous year | +541.3% |
| 1970 | 7.65 % change on previous year | -58.2% |
| 1971 | -0.0917 % change on previous year | -101.2% |
| 1972 | 0.5986 % change on previous year | -752.8% |
| 1973 | -27.14 % change on previous year | -4633.5% |
| 1974 | -95.17 % change on previous year | +250.7% |
| 1976 | -62.55 % change on previous year | -34.3% |
| 2005 | -118.67 % change on previous year | +89.7% |
| 2006 | -396.52 % change on previous year | +234.1% |
| 2007 | -257.28 % change on previous year | -35.1% |
| 2008 | -105.47 % change on previous year | -59.0% |
| 2009 | 51.16 % change on previous year | -148.5% |
| 2010 | 83.92 % change on previous year | +64.0% |
| 2011 | 44.27 % change on previous year | -47.3% |
| 2012 | -320.94 % change on previous year | -825.1% |
| 2013 | 20.16 % change on previous year | -106.3% |
| 2014 | 124.66 % change on previous year | +518.4% |
| 2016 | 105.96 % change on previous year | -15.0% |
| 2017 | 8.59 % change on previous year | -91.9% |
| 2018 | -54.82 % change on previous year | -738.4% |
| 2019 | 38.3 % change on previous year | -169.9% |
| 2020 | 123.9 % change on previous year | +223.5% |
| 2021 | 14.46 % change on previous year | -88.3% |
| 2022 | -37.12 % change on previous year | -356.6% |
| 2023 | 34.29 % change on previous year | -192.4% |
| 2024 | 41.67 % change on previous year | +21.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.35 % change on previous year | -18 % change on previous year | 68.77 % change on previous year | 9 |
| 1970s | -29.45 % change on previous year | -95.17 % change on previous year | 7.65 % change on previous year | 6 |
| 2000s | -165.36 % change on previous year | -396.52 % change on previous year | 51.16 % change on previous year | 5 |
| 2010s | 5.56 % change on previous year | -320.94 % change on previous year | 124.66 % change on previous year | 9 |
| 2020s | 35.44 % change on previous year | -37.12 % change on previous year | 123.9 % change on previous year | 5 |
Countries ranked near Iraq
- 10 Kyrgyzstan 44.88 % change on previous year compare
- 11 Tajikistan 42.75 % change on previous year compare
- 12 Türkiye 42.15 % change on previous year compare
- 14 Malawi 40.48 % change on previous year compare
- 15 Nigeria 35.83 % change on previous year compare
- 16 Saint Kitts and Nevis 35.76 % change on previous year compare
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 net domestic credit (current lcu), annual growth rate in Iraq?
- Net domestic credit (current lcu), annual growth rate in Iraq was 41.67 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Iraq?
- The highest recorded value was 124.66 % change on previous year in 2014.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Iraq?
- The lowest recorded value was -396.52 % change on previous year in 2006.
- How does Iraq rank for net domestic credit (current lcu), annual growth rate?
- Iraq ranks 13th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Iraq?
- Over the last ten years it is down 66.6%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.