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% |
Iraq compared with similar countries
- Iraq's 357.40 million is below the median for upper middle income countries, which is 975.41 million, 37% of the median. (54 countries reporting)
- Iraq's 357.40 million is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.34 billion, 27% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Secondary income balance (credit less debit), Net (credits less) in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -671.6% | -380.50 million | -2.94 billion |
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 Laos 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
- 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 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.