Net errors and omissions, Net (credits less debits), Adjusted using in Iraq
Iraq: Net errors and omissions, Net (credits less debits), Adjusted using was -7.66 billion in 2024. β Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Iraq, 2005β2024
Source: International Monetary Fund.
Analysis
In 2024, net errors and omissions, net (credits less debits), adjusted using in Iraq stood at -7.66 billion.
The figure is down 224.9% on the previous year and up 62.0% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Iraq peaked at 579.12 million in 2006 and was at its lowest, -20.16 billion, in 2014.
Iraq ranks 187th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.93 billion | -9.24 billion | 579.12 million | 5 |
| 2010s | -9.29 billion | -20.16 billion | -3.74 billion | 10 |
| 2020s | -2.73 billion | -7.66 billion | 208.67 million | 5 |
Countries ranked near Iraq
More financial sector data for Iraq
- Domestic credit to private sector by banks 14.0% (2024)
- Total reserves in months of imports 11.21 (2024)
- Net domestic credit 78.52 trillion current LCU (2024)
- Net foreign assets 167.41 trillion current LCU (2024)
- Monetary Sector credit to private sector 14.0% (2024)
- Broad money 47.9% (2024)
- Claims on central government, etc. 7.2% (2024)
- Domestic credit to private sector 14.0% (2024)
- Official exchange rate 1,300 LCU per US$, period average (2024)
- Net migration -1,064 (2025)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Iraq?
- Net errors and omissions, net (credits less debits), adjusted using in Iraq was -7.66 billion in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Iraq?
- The highest recorded value was 579.12 million in 2006.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Iraq?
- The lowest recorded value was -20.16 billion in 2014.
- How does Iraq rank for net errors and omissions, net (credits less debits), adjusted using?
- Iraq ranks 187th out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Iraq?
- Over the last ten years it is up 62.0%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from International Monetary Fund, published as part of Net errors and omissions, Net (credits less debits), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.