Real interest rate in Iraq
Iraq: Real interest rate was 57.6% in 2015. ◆ Volatile
Real interest rate in Iraq, 2004–2015
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for real interest rate in Iraq is 57.6%, measured in 2015. That is the highest value across all 12 years on record.
The figure is up 215.1% on the previous year and up 448.9% over ten years.
Over the whole period, real interest rate in Iraq peaked at 57.6% in 2015 and was at its lowest, -16.5%, in 2005.
Iraq ranks 1st of 149 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Real interest rate in Iraq, year by year
| Year | % | Change |
|---|---|---|
| 2004 | -3.4% | — |
| 2005 | -16.5% | +379.3% |
| 2006 | -7.1% | -57.3% |
| 2007 | 3.8% | -153.8% |
| 2008 | -8.4% | -321.8% |
| 2009 | 44.3% | -626.5% |
| 2010 | -1.9% | -104.3% |
| 2011 | -8.5% | +340.6% |
| 2012 | 10.9% | -228.8% |
| 2013 | 13.6% | +24.6% |
| 2014 | 18.3% | +34.6% |
| 2015 | 57.6% | +215.1% |
Iraq compared with similar countries
- Iraq's 57.6% is above the median for upper middle income countries, which is 5.2%, 11.2× the median. (49 countries reporting)
- Iraq's 57.6% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.2%, 9.3× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | -16.5% | 44.3% | 6 |
| 2010s | 15.0% | -8.5% | 57.6% | 6 |
Countries ranked near Iraq
- 2 Madagascar 47.6% compare
- 3 Brazil 37.5% compare
- 4 Tajikistan 19.2% 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 real interest rate in Iraq?
- Real interest rate in Iraq was 57.6% in 2015, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Iraq?
- The highest recorded value was 57.6% in 2015.
- What is the lowest real interest rate recorded in Iraq?
- The lowest recorded value was -16.5% in 2005.
- How does Iraq rank for real interest rate?
- Iraq ranks 1st out of 149 countries with data for 2015.
- Is real interest rate rising or falling in Iraq?
- Over the last ten years it is up 448.9%. 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 Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.