Total reserves (% of total external debt) in Iraq
Iraq: Total reserves (% of total external debt) was 574.8% in 2024. ▲ Rising
Total reserves in Iraq, 2015–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
The most recent figure for total reserves in Iraq is 574.8%, measured in 2024. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 4.1% on the previous year and up 103.7% over ten years.
Over the whole period, total reserves in Iraq peaked at 574.8% in 2024 and was at its lowest, 175.6%, in 2017.
Iraq ranks 2nd of 112 countries on this measure, in the top 10%.
Total reserves (% of total external debt) in Iraq, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 2015 | 282.2% | — |
| 2016 | 194.0% | -31.3% |
| 2017 | 175.6% | -9.5% |
| 2018 | 232.8% | +32.6% |
| 2019 | 247.5% | +6.3% |
| 2020 | 206.7% | -16.5% |
| 2021 | 253.3% | +22.5% |
| 2022 | 426.9% | +68.6% |
| 2023 | 552.4% | +29.4% |
| 2024 | 574.8% | +4.1% |
Iraq compared with similar countries
- Iraq's 574.8% is above the median for upper middle income countries, which is 38.0%, 15.1× the median. (51 countries reporting)
- Iraq's 574.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 46.7%, 12.3× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 226.4% | 175.6% | 282.2% | 5 |
| 2020s | 402.8% | 206.7% | 574.8% | 5 |
Countries ranked near Iraq
- 1 Algeria 1,203.3% compare
- 3 Afghanistan 320.7% compare
- 4 Haiti 287.3% compare
- 5 East Timor 262.6% 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 total reserves in Iraq?
- Total reserves in Iraq was 574.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total reserves recorded in Iraq?
- The highest recorded value was 574.8% in 2024.
- What is the lowest total reserves recorded in Iraq?
- The lowest recorded value was 175.6% in 2017.
- How does Iraq rank for total reserves?
- Iraq ranks 2nd out of 112 countries with data for 2024.
- Is total reserves rising or falling in Iraq?
- Over the last ten years it is up 103.7%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total reserves (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.