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. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Iraq, 2005–2024
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.
Net errors and omissions, Net (credits less debits), Adjusted using in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 450.93 million | — |
| 2006 | 579.12 million | +28.4% |
| 2007 | -3.66 billion | -732.4% |
| 2008 | -9.24 billion | +152.4% |
| 2009 | -7.79 billion | -15.8% |
| 2010 | -9.15 billion | +17.5% |
| 2011 | -3.74 billion | -59.1% |
| 2012 | -4.12 billion | +10.1% |
| 2013 | -11.90 billion | +189.1% |
| 2014 | -20.16 billion | +69.4% |
| 2015 | -14.19 billion | -29.6% |
| 2016 | -5.00 billion | -64.7% |
| 2017 | -8.60 billion | +71.9% |
| 2018 | -12.22 billion | +42.0% |
| 2019 | -3.80 billion | -68.9% |
| 2020 | 208.67 million | -105.5% |
| 2021 | -823.85 million | -494.8% |
| 2022 | -2.99 billion | +263.1% |
| 2023 | -2.36 billion | -21.1% |
| 2024 | -7.66 billion | +224.9% |
Iraq compared with similar countries
- Iraq's -7.66 billion is below the median for upper middle income countries, which is -19.88 million, 385.4× the median. (54 countries reporting)
- Iraq's -7.66 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 605.53 million. (20 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions, Net (credits less debits), Adjusted using 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 |
|---|---|---|---|
| 2007 | -732.4% | 579.12 million | -3.66 billion |
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
- 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 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.