Net foreign assets in Iraq
Iraq: Net foreign assets was 167.41 trillion current LCU in 2024. ◆ Volatile
Net foreign assets in Iraq, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net foreign assets in Iraq is 167.41 trillion current LCU, measured in 2024.
Compared with earlier readings it is down 6.3% on the previous year and up 63.9% over ten years.
Over the whole period, net foreign assets in Iraq peaked at 183.20 trillion current LCU in 2022 and was at its lowest, -96.80 billion current LCU, in 2005.
Iraq ranks 7th 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 foreign assets in Iraq, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 106.20 million current LCU | — |
| 1961 | 86.50 million current LCU | -18.5% |
| 1962 | 77.20 million current LCU | -10.8% |
| 1963 | 113.80 million current LCU | +47.4% |
| 1964 | 93.40 million current LCU | -17.9% |
| 1965 | 89.52 million current LCU | -4.2% |
| 1966 | 113.70 million current LCU | +27.0% |
| 1967 | 122.86 million current LCU | +8.1% |
| 1968 | 156.27 million current LCU | +27.2% |
| 1969 | 162.44 million current LCU | +3.9% |
| 1970 | 161.36 million current LCU | -0.7% |
| 1971 | 194.52 million current LCU | +20.6% |
| 1972 | 251.65 million current LCU | +29.4% |
| 1973 | 444.65 million current LCU | +76.7% |
| 1974 | 998.92 million current LCU | +124.7% |
| 1975 | 859.98 million current LCU | -13.9% |
| 1976 | 1.44 billion current LCU | +67.3% |
| 2004 | 3.56 trillion current LCU | +247341.5% |
| 2005 | -96.80 billion current LCU | -102.7% |
| 2006 | 11.84 trillion current LCU | -12327.9% |
| 2007 | 36.16 trillion current LCU | +205.5% |
| 2008 | 60.41 trillion current LCU | +67.0% |
| 2009 | 57.30 trillion current LCU | -5.1% |
| 2010 | 61.32 trillion current LCU | +7.0% |
| 2011 | 71.63 trillion current LCU | +16.8% |
| 2012 | 91.80 trillion current LCU | +28.2% |
| 2013 | 108.98 trillion current LCU | +18.7% |
| 2014 | 102.13 trillion current LCU | -6.3% |
| 2015 | 78.46 trillion current LCU | -23.2% |
| 2016 | 65.24 trillion current LCU | -16.8% |
| 2017 | 69.82 trillion current LCU | +7.0% |
| 2018 | 91.90 trillion current LCU | +31.6% |
| 2019 | 102.54 trillion current LCU | +11.6% |
| 2020 | 105.42 trillion current LCU | +2.8% |
| 2021 | 121.79 trillion current LCU | +15.5% |
| 2022 | 183.20 trillion current LCU | +50.4% |
| 2023 | 178.64 trillion current LCU | -2.5% |
| 2024 | 167.41 trillion current LCU | -6.3% |
Iraq compared with similar countries
- Iraq's 167.41 trillion current LCU is above the median for upper middle income countries, which is 276.97 billion current LCU, 604.4× the median. (55 countries reporting)
- Iraq's 167.41 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 501.95 billion current LCU, 333.5× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets 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 | +247341.5% | 1.44 billion current LCU | 3.56 trillion current LCU |
| 2006 | +12327.9% | -96.80 billion current LCU | 11.84 trillion current LCU |
| 2007 | +205.5% | 11.84 trillion current LCU | 36.16 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 112.19 million current LCU | 77.20 million current LCU | 162.44 million current LCU | 10 |
| 1970s | 621.41 million current LCU | 161.36 million current LCU | 1.44 billion current LCU | 7 |
| 2000s | 28.20 trillion current LCU | -96.80 billion current LCU | 60.41 trillion current LCU | 6 |
| 2010s | 84.38 trillion current LCU | 61.32 trillion current LCU | 108.98 trillion current LCU | 10 |
| 2020s | 151.29 trillion current LCU | 105.42 trillion current LCU | 183.20 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 foreign assets in Iraq?
- Net foreign assets in Iraq was 167.41 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Iraq?
- The highest recorded value was 183.20 trillion current LCU in 2022.
- What is the lowest net foreign assets recorded in Iraq?
- The lowest recorded value was -96.80 billion current LCU in 2005.
- How does Iraq rank for net foreign assets?
- Iraq ranks 7th out of 187 countries with data for 2024.
- Is net foreign assets rising or falling in Iraq?
- Over the last ten years it is up 63.9%. 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 foreign assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. 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.