Secondary income balance (credit less debit), Net (credits less) in Iraq
Iraq: Secondary income balance (credit less debit), Net (credits less) was 357.40 million in 2024. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Iraq, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Iraq stood at 357.40 million.
That represents a change of down 50.9% on the previous year and up 111.3% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Iraq peaked at 3.24 billion in 2005 and was at its lowest, -5.11 billion, in 2012.
Iraq ranks 97th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income balance (credit less debit), Net (credits less) in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 3.24 billion | — |
| 2006 | -462.10 million | -114.3% |
| 2007 | -380.50 million | -17.7% |
| 2008 | -2.94 billion | +671.6% |
| 2009 | -2.00 billion | -31.9% |
| 2010 | -2.51 billion | +25.5% |
| 2011 | -4.39 billion | +74.9% |
| 2012 | -5.11 billion | +16.6% |
| 2013 | -4.87 billion | -4.8% |
| 2014 | -3.16 billion | -35.0% |
| 2015 | 543.40 million | -117.2% |
| 2016 | 1.01 billion | +85.0% |
| 2017 | 1.18 billion | +17.7% |
| 2018 | 1.07 billion | -9.7% |
| 2019 | 308.20 million | -71.2% |
| 2020 | -300.50 million | -197.5% |
| 2021 | -924.40 million | +207.6% |
| 2022 | 1.04 billion | -212.3% |
| 2023 | 728.60 million | -29.8% |
| 2024 | 357.40 million | -50.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -508.24 million | -2.94 billion | 3.24 billion | 5 |
| 2010s | -1.59 billion | -5.11 billion | 1.18 billion | 10 |
| 2020s | 179.90 million | -924.40 million | 1.04 billion | 5 |
Countries ranked near Iraq
- 94 Netherlands Antilles 447.73 million compare
- 95 Mongolia 421.06 million compare
- 96 Lao People's Democratic Republic 390.44 million compare
- 98 Mauritania 335.30 million compare
- 99 New Caledonia 330.89 million compare
- 100 Sierra Leone 329.43 million compare
More financial sector data for Iraq
- Net domestic credit (current LCU), per capita 1.71 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 280.79 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 41.67 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 196.49 million SDR (2025)
- Gold reserves at market value 17.90 billion SDR (2025)
- Reserves excluding gold, foreign exchange 53.46 billion SDR (2025)
- Reserves excluding gold 53.98 billion SDR (2025)
- Total reserves (gold at market value) 71.89 billion SDR (2025)
- Total reserves (gold at national valuation) 71.67 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,524 SDR per person (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Iraq?
- Secondary income balance (credit less debit), net (credits less) in Iraq was 357.40 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Iraq?
- The highest recorded value was 3.24 billion in 2005.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Iraq?
- The lowest recorded value was -5.11 billion in 2012.
- How does Iraq rank for secondary income balance (credit less debit), net (credits less)?
- Iraq ranks 97th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Iraq?
- Over the last ten years it is up 111.3%. 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 Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.