Outstanding Deposits, Commercial Banks, of Which: Household Sector in Iraq
Iraq: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 27.48 trillion in 2024. ◆ Volatile
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Iraq, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, outstanding deposits, commercial banks, of which: household sector in Iraq stood at 27.48 trillion.
That represents a change of down 5.2% on the previous year and up 54.6% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Iraq peaked at 28.97 trillion in 2023 and was at its lowest, 2.83 trillion, in 2005.
That places Iraq 12th out of 127 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.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 2.84 trillion | — |
| 2005 | 2.83 trillion | -0.3% |
| 2006 | 3.43 trillion | +20.9% |
| 2007 | 5.31 trillion | +54.8% |
| 2008 | 8.86 trillion | +66.9% |
| 2009 | 10.05 trillion | +13.5% |
| 2010 | 10.25 trillion | +2.0% |
| 2011 | 12.01 trillion | +17.1% |
| 2012 | 14.99 trillion | +24.8% |
| 2013 | 17.81 trillion | +18.8% |
| 2014 | 17.78 trillion | -0.2% |
| 2015 | 17.28 trillion | -2.8% |
| 2016 | 17.43 trillion | +0.9% |
| 2017 | 19.15 trillion | +9.8% |
| 2018 | 19.52 trillion | +2.0% |
| 2019 | 22.47 trillion | +15.1% |
| 2020 | 22.82 trillion | +1.6% |
| 2021 | 26.82 trillion | +17.5% |
| 2022 | 28.22 trillion | +5.2% |
| 2023 | 28.97 trillion | +2.7% |
| 2024 | 27.48 trillion | -5.2% |
Iraq compared with similar countries
- Iraq's 27.48 trillion is above the median for upper middle income countries, which is 343.07 billion, 80.1× the median. (40 countries reporting)
- Iraq's 27.48 trillion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 692.08 billion, 39.7× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.55 trillion | 2.83 trillion | 10.05 trillion | 6 |
| 2010s | 16.87 trillion | 10.25 trillion | 22.47 trillion | 10 |
| 2020s | 26.86 trillion | 22.82 trillion | 28.97 trillion | 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 outstanding deposits, commercial banks, of which: household sector in Iraq?
- Outstanding deposits, commercial banks, of which: household sector in Iraq was 27.48 trillion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Iraq?
- The highest recorded value was 28.97 trillion in 2023.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Iraq?
- The lowest recorded value was 2.83 trillion in 2005.
- How does Iraq rank for outstanding deposits, commercial banks, of which: household sector?
- Iraq ranks 12th out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Iraq?
- Over the last ten years it is up 54.6%. 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 Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.