Savings Rate, Percent per annum in Iraq
Iraq: Savings Rate, Percent per annum was 4.46 in 2015. ▼ Falling
Savings Rate, Percent per annum in Iraq, 2005–2015
Source: International Monetary Fund.
Analysis
The most recent figure for savings rate, percent per annum in Iraq is 4.46, measured in 2015.
That represents a change of up 1.5% on the previous year and down 20.3% over ten years.
Over the whole period, savings rate, percent per annum in Iraq peaked at 9.47 in 2008 and was at its lowest, 4.39, in 2014.
Iraq ranks 12th of 63 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Savings Rate, Percent per annum in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 5.59 | — |
| 2006 | 5.66 | +1.2% |
| 2007 | 9.18 | +62.2% |
| 2008 | 9.47 | +3.2% |
| 2009 | 6.84 | -27.8% |
| 2010 | 5.52 | -19.3% |
| 2011 | 5.24 | -5.0% |
| 2012 | 5.06 | -3.4% |
| 2013 | 4.88 | -3.6% |
| 2014 | 4.39 | -10.0% |
| 2015 | 4.46 | +1.5% |
Iraq compared with similar countries
- Iraq's 4.46 is above the median for upper middle income countries, which is 1.91, 2.3× the median. (25 countries reporting)
- Iraq's 4.46 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.87, 1.6× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.35 | 5.59 | 9.47 | 5 |
| 2010s | 4.93 | 4.39 | 5.52 | 6 |
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 savings rate, percent per annum in Iraq?
- Savings rate, percent per annum in Iraq was 4.46 in 2015, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Iraq?
- The highest recorded value was 9.47 in 2008.
- What is the lowest savings rate, percent per annum recorded in Iraq?
- The lowest recorded value was 4.39 in 2014.
- How does Iraq rank for savings rate, percent per annum?
- Iraq ranks 12th out of 63 countries with data for 2015.
- Is savings rate, percent per annum rising or falling in Iraq?
- Over the last ten years it is down 20.3%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from International Monetary Fund, published as part of Savings Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.