Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Iraq
Iraq: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans was 26.09 trillion in 2024. ◆ Volatile
Latest (2024)
26.09 trillion
Change on year
down 4.5%
World rank
11th
of 134 countries
All-time high
27.33 trillion
in 2023
All-time low
374.99 billion
in 2004
Years of data
21
2004–2024
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Iraq, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, outstanding loans, commercial banks, of which: household sector loans in Iraq stood at 26.09 trillion.
The figure is down 4.5% on the previous year and up 157.3% over ten years.
Over the whole period, outstanding loans, commercial banks, of which: household sector loans in Iraq peaked at 27.33 trillion in 2023 and was at its lowest, 374.99 billion, in 2004.
Iraq ranks 11th of 134 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 374.99 billion | — |
| 2005 | 536.65 billion | +43.1% |
| 2006 | 1.18 trillion | +120.5% |
| 2007 | 1.43 trillion | +21.0% |
| 2008 | 2.69 trillion | +88.2% |
| 2009 | 2.85 trillion | +5.6% |
| 2010 | 6.34 trillion | +122.7% |
| 2011 | 7.57 trillion | +19.5% |
| 2012 | 9.96 trillion | +31.5% |
| 2013 | 10.62 trillion | +6.7% |
| 2014 | 10.14 trillion | -4.6% |
| 2015 | 9.63 trillion | -5.0% |
| 2016 | 9.65 trillion | +0.2% |
| 2017 | 10.28 trillion | +6.6% |
| 2018 | 10.96 trillion | +6.5% |
| 2019 | 11.83 trillion | +8.0% |
| 2020 | 16.14 trillion | +36.4% |
| 2021 | 19.03 trillion | +18.0% |
| 2022 | 22.59 trillion | +18.7% |
| 2023 | 27.33 trillion | +21.0% |
| 2024 | 26.09 trillion | -4.5% |
Iraq compared with similar countries
- Iraq's 26.09 trillion is above the median for upper middle income countries, which is 162.63 billion, 160.4× the median. (46 countries reporting)
- Iraq's 26.09 trillion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 372.73 billion, 70.0× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.51 trillion | 374.99 billion | 2.85 trillion | 6 |
| 2010s | 9.70 trillion | 6.34 trillion | 11.83 trillion | 10 |
| 2020s | 22.24 trillion | 16.14 trillion | 27.33 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 loans, commercial banks, of which: household sector loans in Iraq?
- Outstanding loans, commercial banks, of which: household sector loans in Iraq was 26.09 trillion in 2024, according to International Monetary Fund.
- What is the highest outstanding loans, commercial banks, of which: household sector loans recorded in Iraq?
- The highest recorded value was 27.33 trillion in 2023.
- What is the lowest outstanding loans, commercial banks, of which: household sector loans recorded in Iraq?
- The lowest recorded value was 374.99 billion in 2004.
- How does Iraq rank for outstanding loans, commercial banks, of which: household sector loans?
- Iraq ranks 11th out of 134 countries with data for 2024.
- Is outstanding loans, commercial banks, of which: household sector loans rising or falling in Iraq?
- Over the last ten years it is up 157.3%. 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 Loans, Commercial Banks, of Which: Household Sector Loans. Statizoid updates them automatically from the source API.
Download this data
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About this data
Gender-disaggregated data on access to and use of financial services.