Net domestic credit (current LCU), per unit of GDP in Iraq
Iraq: Net domestic credit (current LCU), per unit of GDP was 280.79 current LCU per US$ of GDP in 2024. ◆ Volatile
Net domestic credit (current LCU), per unit of GDP in Iraq, 1960–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for net domestic credit (current lcu), per unit of gdp in Iraq is 280.79 current LCU per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 36.2% on the previous year and up 6,773.4% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Iraq peaked at 316.98 current LCU per US$ of GDP in 2020 and was at its lowest, -195.41 current LCU per US$ of GDP, in 2008.
Iraq ranks 28th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), per unit of GDP in Iraq, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0329 current LCU per US$ of GDP | — |
| 1961 | 0.0474 current LCU per US$ of GDP | +44.4% |
| 1962 | 0.0573 current LCU per US$ of GDP | +20.8% |
| 1963 | 0.0464 current LCU per US$ of GDP | -19.0% |
| 1964 | 0.0513 current LCU per US$ of GDP | +10.7% |
| 1965 | 0.0793 current LCU per US$ of GDP | +54.4% |
| 1966 | 0.076 current LCU per US$ of GDP | -4.1% |
| 1967 | 0.075 current LCU per US$ of GDP | -1.3% |
| 1968 | 0.068 current LCU per US$ of GDP | -9.4% |
| 1969 | 0.0775 current LCU per US$ of GDP | +14.0% |
| 1970 | 0.0764 current LCU per US$ of GDP | -1.3% |
| 1971 | 0.0648 current LCU per US$ of GDP | -15.2% |
| 1972 | 0.0613 current LCU per US$ of GDP | -5.5% |
| 1973 | 0.0358 current LCU per US$ of GDP | -41.6% |
| 1974 | 0.0008 current LCU per US$ of GDP | -97.8% |
| 1975 | 0.0152 current LCU per US$ of GDP | +1870.7% |
| 1976 | 0.0043 current LCU per US$ of GDP | -71.6% |
| 2004 | 103.17 current LCU per US$ of GDP | +2394604.9% |
| 2005 | -14.09 current LCU per US$ of GDP | -113.7% |
| 2006 | -53.77 current LCU per US$ of GDP | +281.6% |
| 2007 | -140.89 current LCU per US$ of GDP | +162.0% |
| 2008 | -195.41 current LCU per US$ of GDP | +38.7% |
| 2009 | -112.5 current LCU per US$ of GDP | -42.4% |
| 2010 | -14.58 current LCU per US$ of GDP | -87.0% |
| 2011 | -6.06 current LCU per US$ of GDP | -58.4% |
| 2012 | -21.74 current LCU per US$ of GDP | +258.7% |
| 2013 | -16.13 current LCU per US$ of GDP | -25.8% |
| 2014 | 4.09 current LCU per US$ of GDP | -125.3% |
| 2015 | 109.88 current LCU per US$ of GDP | +2589.8% |
| 2016 | 226.35 current LCU per US$ of GDP | +106.0% |
| 2017 | 218.9 current LCU per US$ of GDP | -3.3% |
| 2018 | 81.44 current LCU per US$ of GDP | -62.8% |
| 2019 | 109.61 current LCU per US$ of GDP | +34.6% |
| 2020 | 316.98 current LCU per US$ of GDP | +189.2% |
| 2021 | 313 current LCU per US$ of GDP | -1.3% |
| 2022 | 143.62 current LCU per US$ of GDP | -54.1% |
| 2023 | 206.13 current LCU per US$ of GDP | +43.5% |
| 2024 | 280.79 current LCU per US$ of GDP | +36.2% |
Iraq compared with similar countries
- Iraq's 280.79 current LCU per US$ of GDP is above the median for upper middle income countries, which is 11.1 current LCU per US$ of GDP, 25.3× the median. (55 countries reporting)
- Iraq's 280.79 current LCU per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.63 current LCU per US$ of GDP, 77.3× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), per unit of GDP in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +2394604.9% | 0.0043 current LCU per US$ of GDP | 103.17 current LCU per US$ of GDP |
| 2015 | +2589.8% | 4.09 current LCU per US$ of GDP | 109.88 current LCU per US$ of GDP |
| 1975 | +1870.7% | 0.0008 current LCU per US$ of GDP | 0.0152 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0611 current LCU per US$ of GDP | 0.0329 current LCU per US$ of GDP | 0.0793 current LCU per US$ of GDP | 10 |
| 1970s | 0.0369 current LCU per US$ of GDP | 0.0008 current LCU per US$ of GDP | 0.0764 current LCU per US$ of GDP | 7 |
| 2000s | -68.92 current LCU per US$ of GDP | -195.41 current LCU per US$ of GDP | 103.17 current LCU per US$ of GDP | 6 |
| 2010s | 69.18 current LCU per US$ of GDP | -21.74 current LCU per US$ of GDP | 226.35 current LCU per US$ of GDP | 10 |
| 2020s | 252.1 current LCU per US$ of GDP | 143.62 current LCU per US$ of GDP | 316.98 current LCU per US$ of GDP | 5 |
Countries ranked near Iraq
- 25 Armenia 327.57 current LCU per US$ of GDP compare
- 26 Senegal 309.62 current LCU per US$ of GDP compare
- 27 Costa Rica 289.83 current LCU per US$ of GDP compare
- 29 Cote d'Ivoire 221.62 current LCU per US$ of GDP compare
- 30 Hungary 214.29 current LCU per US$ of GDP compare
- 31 Togo 206.91 current LCU per US$ of GDP compare
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 net domestic credit (current lcu), per unit of gdp in Iraq?
- Net domestic credit (current lcu), per unit of gdp in Iraq was 280.79 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Iraq?
- The highest recorded value was 316.98 current LCU per US$ of GDP in 2020.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Iraq?
- The lowest recorded value was -195.41 current LCU per US$ of GDP in 2008.
- How does Iraq rank for net domestic credit (current lcu), per unit of gdp?
- Iraq ranks 28th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is up 6,773.4%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.