Net foreign assets (current LCU), per unit of GDP in Iraq
Iraq: Net foreign assets (current LCU), per unit of GDP was 598.64 current LCU per US$ of GDP in 2024. ◆ Volatile
Net foreign assets (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 foreign assets (current lcu), per unit of gdp in Iraq is 598.64 current LCU per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 9.9% on the previous year and up 33.9% over ten years.
Over the whole period, net foreign assets (current lcu), per unit of gdp in Iraq peaked at 664.39 current LCU per US$ of GDP in 2023 and was at its lowest, -1.93 current LCU per US$ of GDP, in 2005.
That places Iraq 11th 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 foreign assets (current LCU), per unit of GDP in Iraq, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0691 current LCU per US$ of GDP | — |
| 1961 | 0.0517 current LCU per US$ of GDP | -25.1% |
| 1962 | 0.0433 current LCU per US$ of GDP | -16.4% |
| 1963 | 0.063 current LCU per US$ of GDP | +45.6% |
| 1964 | 0.0437 current LCU per US$ of GDP | -30.6% |
| 1965 | 0.0383 current LCU per US$ of GDP | -12.3% |
| 1966 | 0.0449 current LCU per US$ of GDP | +17.2% |
| 1967 | 0.0482 current LCU per US$ of GDP | +7.2% |
| 1968 | 0.054 current LCU per US$ of GDP | +12.0% |
| 1969 | 0.054 current LCU per US$ of GDP | +0.1% |
| 1970 | 0.0492 current LCU per US$ of GDP | -8.9% |
| 1971 | 0.0503 current LCU per US$ of GDP | +2.3% |
| 1972 | 0.0612 current LCU per US$ of GDP | +21.6% |
| 1973 | 0.0866 current LCU per US$ of GDP | +41.6% |
| 1974 | 0.0867 current LCU per US$ of GDP | +0.2% |
| 1975 | 0.0639 current LCU per US$ of GDP | -26.3% |
| 1976 | 0.081 current LCU per US$ of GDP | +26.8% |
| 2004 | 97.18 current LCU per US$ of GDP | +119824.4% |
| 2005 | -1.93 current LCU per US$ of GDP | -102.0% |
| 2006 | 181.69 current LCU per US$ of GDP | -9497.1% |
| 2007 | 407.07 current LCU per US$ of GDP | +124.0% |
| 2008 | 458.99 current LCU per US$ of GDP | +12.8% |
| 2009 | 513.16 current LCU per US$ of GDP | +11.8% |
| 2010 | 442.72 current LCU per US$ of GDP | -13.7% |
| 2011 | 385.62 current LCU per US$ of GDP | -12.9% |
| 2012 | 421.11 current LCU per US$ of GDP | +9.2% |
| 2013 | 464.44 current LCU per US$ of GDP | +10.3% |
| 2014 | 447.11 current LCU per US$ of GDP | -3.7% |
| 2015 | 470.43 current LCU per US$ of GDP | +5.2% |
| 2016 | 391.28 current LCU per US$ of GDP | -16.8% |
| 2017 | 372.93 current LCU per US$ of GDP | -4.7% |
| 2018 | 404.19 current LCU per US$ of GDP | +8.4% |
| 2019 | 438.9 current LCU per US$ of GDP | +8.6% |
| 2020 | 582.76 current LCU per US$ of GDP | +32.8% |
| 2021 | 580.82 current LCU per US$ of GDP | -0.3% |
| 2022 | 637.5 current LCU per US$ of GDP | +9.8% |
| 2023 | 664.39 current LCU per US$ of GDP | +4.2% |
| 2024 | 598.64 current LCU per US$ of GDP | -9.9% |
Iraq compared with similar countries
- Iraq's 598.64 current LCU per US$ of GDP is above the median for upper middle income countries, which is 2.6 current LCU per US$ of GDP, 229.9× the median. (55 countries reporting)
- Iraq's 598.64 current LCU per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.62 current LCU per US$ of GDP, 228.3× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets (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 | +119824.4% | 0.081 current LCU per US$ of GDP | 97.18 current LCU per US$ of GDP |
| 2006 | +9497.1% | -1.93 current LCU per US$ of GDP | 181.69 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.051 current LCU per US$ of GDP | 0.0383 current LCU per US$ of GDP | 0.0691 current LCU per US$ of GDP | 10 |
| 1970s | 0.0684 current LCU per US$ of GDP | 0.0492 current LCU per US$ of GDP | 0.0867 current LCU per US$ of GDP | 7 |
| 2000s | 276.03 current LCU per US$ of GDP | -1.93 current LCU per US$ of GDP | 513.16 current LCU per US$ of GDP | 6 |
| 2010s | 423.87 current LCU per US$ of GDP | 372.93 current LCU per US$ of GDP | 470.43 current LCU per US$ of GDP | 10 |
| 2020s | 612.82 current LCU per US$ of GDP | 580.82 current LCU per US$ of GDP | 664.39 current LCU per US$ of GDP | 5 |
Countries ranked near Iraq
- 8 Paraguay 1,129 current LCU per US$ of GDP compare
- 9 Lebanon 972.5 current LCU per US$ of GDP compare
- 10 Laos 878.42 current LCU per US$ of GDP compare
- 12 Madagascar 585.29 current LCU per US$ of GDP compare
- 13 Colombia 527.49 current LCU per US$ of GDP compare
- 14 Mongolia 361.61 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 foreign assets (current lcu), per unit of gdp in Iraq?
- Net foreign assets (current lcu), per unit of gdp in Iraq was 598.64 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), per unit of gdp recorded in Iraq?
- The highest recorded value was 664.39 current LCU per US$ of GDP in 2023.
- What is the lowest net foreign assets (current lcu), per unit of gdp recorded in Iraq?
- The lowest recorded value was -1.93 current LCU per US$ of GDP in 2005.
- How does Iraq rank for net foreign assets (current lcu), per unit of gdp?
- Iraq ranks 11th out of 186 countries with data for 2024.
- Is net foreign assets (current lcu), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is up 33.9%. 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 foreign assets (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net foreign assets (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net foreign assets (current LCU) ÷ GDP (current US$)
Computed from
- Net foreign assets 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 foreign assets (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.