Services, Credit/Revenue in Iraq
Iraq: Services, Credit/Revenue was 10.21 billion in 2024. ◆ Volatile
Services, Credit/Revenue in Iraq, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, credit/revenue in Iraq stood at 10.21 billion. That is the highest value across all 20 years on record.
The figure is up 17.3% on the previous year and up 185.1% over ten years.
Over the whole period, services, credit/revenue in Iraq peaked at 10.21 billion in 2024 and was at its lowest, 355.20 million, in 2005.
That places Iraq 69th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, Credit/Revenue in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 355.20 million | — |
| 2006 | 357.10 million | +0.5% |
| 2007 | 867.90 million | +143.0% |
| 2008 | 1.50 billion | +72.4% |
| 2009 | 2.19 billion | +46.6% |
| 2010 | 2.83 billion | +29.2% |
| 2011 | 2.82 billion | -0.4% |
| 2012 | 2.83 billion | +0.4% |
| 2013 | 2.80 billion | -1.0% |
| 2014 | 3.58 billion | +27.7% |
| 2015 | 5.03 billion | +40.6% |
| 2016 | 5.53 billion | +9.9% |
| 2017 | 6.05 billion | +9.3% |
| 2018 | 5.57 billion | -7.8% |
| 2019 | 7.32 billion | +31.4% |
| 2020 | 3.80 billion | -48.0% |
| 2021 | 5.18 billion | +36.1% |
| 2022 | 9.03 billion | +74.5% |
| 2023 | 8.70 billion | -3.7% |
| 2024 | 10.21 billion | +17.3% |
Iraq compared with similar countries
- Iraq's 10.21 billion is above the median for upper middle income countries, which is 5.14 billion, 2.0× the median. (54 countries reporting)
- Iraq's 10.21 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 9.83 billion, 1.0× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.05 billion | 355.20 million | 2.19 billion | 5 |
| 2010s | 4.44 billion | 2.80 billion | 7.32 billion | 10 |
| 2020s | 7.38 billion | 3.80 billion | 10.21 billion | 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 services, credit/revenue in Iraq?
- Services, credit/revenue in Iraq was 10.21 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Iraq?
- The highest recorded value was 10.21 billion in 2024.
- What is the lowest services, credit/revenue recorded in Iraq?
- The lowest recorded value was 355.20 million in 2005.
- How does Iraq rank for services, credit/revenue?
- Iraq ranks 69th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Iraq?
- Over the last ten years it is up 185.1%. 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 Services, Credit/Revenue (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.