Net domestic credit (current LCU) in Iraq
Iraq: Net domestic credit (current LCU) was 78.52 trillion current LCU in 2024. ◆ Volatile
Net domestic credit in Iraq, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Iraq recorded 78.52 trillion current LCU for net domestic credit in 2024. That is the highest value across all 38 years on record.
The figure is up 41.7% on the previous year and up 8,314.8% over ten years.
Over the whole period, net domestic credit in Iraq peaked at 78.52 trillion current LCU in 2024 and was at its lowest, -25.72 trillion current LCU, in 2008.
Iraq ranks 16th of 187 countries on this measure, 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) in Iraq, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 50.50 million current LCU | — |
| 1961 | 79.30 million current LCU | +57.0% |
| 1962 | 102.20 million current LCU | +28.9% |
| 1963 | 83.80 million current LCU | -18.0% |
| 1964 | 109.70 million current LCU | +30.9% |
| 1965 | 185.14 million current LCU | +68.8% |
| 1966 | 192.40 million current LCU | +3.9% |
| 1967 | 191.44 million current LCU | -0.5% |
| 1968 | 196.91 million current LCU | +2.9% |
| 1969 | 232.99 million current LCU | +18.3% |
| 1970 | 250.82 million current LCU | +7.7% |
| 1971 | 250.59 million current LCU | -0.1% |
| 1972 | 252.09 million current LCU | +0.6% |
| 1973 | 183.68 million current LCU | -27.1% |
| 1974 | 8.87 million current LCU | -95.2% |
| 1975 | 204.27 million current LCU | +2202.9% |
| 1976 | 76.49 million current LCU | -62.6% |
| 2004 | 3.78 trillion current LCU | +4940925.0% |
| 2005 | -705.56 billion current LCU | -118.7% |
| 2006 | -3.50 trillion current LCU | +396.5% |
| 2007 | -12.52 trillion current LCU | +257.3% |
| 2008 | -25.72 trillion current LCU | +105.5% |
| 2009 | -12.56 trillion current LCU | -51.2% |
| 2010 | -2.02 trillion current LCU | -83.9% |
| 2011 | -1.13 trillion current LCU | -44.3% |
| 2012 | -4.74 trillion current LCU | +320.9% |
| 2013 | -3.78 trillion current LCU | -20.2% |
| 2014 | 933.12 billion current LCU | -124.7% |
| 2015 | 18.33 trillion current LCU | +1863.9% |
| 2016 | 37.74 trillion current LCU | +106.0% |
| 2017 | 40.98 trillion current LCU | +8.6% |
| 2018 | 18.52 trillion current LCU | -54.8% |
| 2019 | 25.61 trillion current LCU | +38.3% |
| 2020 | 57.34 trillion current LCU | +123.9% |
| 2021 | 65.63 trillion current LCU | +14.5% |
| 2022 | 41.27 trillion current LCU | -37.1% |
| 2023 | 55.42 trillion current LCU | +34.3% |
| 2024 | 78.52 trillion current LCU | +41.7% |
Iraq compared with similar countries
- Iraq's 78.52 trillion current LCU is above the median for upper middle income countries, which is 1.08 trillion current LCU, 72.6× the median. (55 countries reporting)
- Iraq's 78.52 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.54 trillion current LCU, 51.1× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) 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 | +4940925.0% | 76.49 million current LCU | 3.78 trillion current LCU |
| 1975 | +2202.9% | 8.87 million current LCU | 204.27 million current LCU |
| 2015 | +1863.9% | 933.12 billion current LCU | 18.33 trillion current LCU |
| 2006 | -396.5% | -705.56 billion current LCU | -3.50 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 142.44 million current LCU | 50.50 million current LCU | 232.99 million current LCU | 10 |
| 1970s | 175.26 million current LCU | 8.87 million current LCU | 252.09 million current LCU | 7 |
| 2000s | -8.54 trillion current LCU | -25.72 trillion current LCU | 3.78 trillion current LCU | 6 |
| 2010s | 13.04 trillion current LCU | -4.74 trillion current LCU | 40.98 trillion current LCU | 10 |
| 2020s | 59.64 trillion current LCU | 41.27 trillion current LCU | 78.52 trillion current LCU | 5 |
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 net domestic credit in Iraq?
- Net domestic credit in Iraq was 78.52 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Iraq?
- The highest recorded value was 78.52 trillion current LCU in 2024.
- What is the lowest net domestic credit recorded in Iraq?
- The lowest recorded value was -25.72 trillion current LCU in 2008.
- How does Iraq rank for net domestic credit?
- Iraq ranks 16th out of 187 countries with data for 2024.
- Is net domestic credit rising or falling in Iraq?
- Over the last ten years it is up 8,314.8%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.