Current account balance in US dollars — all countries

Current account balance in US dollars — Iraq

Current account balance in US dollars in Iraq in 2031 — -20.1 bn US$. Ranked 176 in the world out of 187. Since 2001, the indicator has fallen by 4,954.8%.

2031 -20.1 bn US$ −39.37% vs 2030
World rank 176of 187
Period maximum 38.7 bn US$2022
Period minimum -20.1 bn US$2031

Trend over time

2001–2031 · billion US$

Current account balance in US dollars — Iraq, 2001–2031-40-2002040200120042007201020132016201920222025202820312001: 0.41 bn US$2002: -0.39 bn US$2003: -1.68 bn US$2004: -3.05 bn US$2005: 6.78 bn US$2006: 2.25 bn US$2007: -0.3 bn US$2008: 20 bn US$2009: -7.88 bn US$2010: 3.82 bn US$2011: 21.18 bn US$2012: 14.04 bn US$2013: 16.09 bn US$2014: 15.86 bn US$2015: -9.26 bn US$2016: -11.55 bn US$2017: -3.92 bn US$2018: 18.54 bn US$2019: 13.91 bn US$2020: -12.45 bn US$2021: 6.51 bn US$2022: 38.7 bn US$2023: 15.84 bn US$2024: -5.98 bn US$2025: -4.52 bn US$2026: -14.16 bn US$2027: 0.72 bn US$2028: -5.35 bn US$2029: -9.93 bn US$2030: -14.42 bn US$2031: -20.1 bn US$
Change over the period: −20.51 (−4,954.83%)

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Iraq

Iraq -20.1 bn US$
World computed 458.47 bn US$
Middle East & North Africa computed 66.74 bn US$
Western Asia computed 57.07 bn US$
Upper-middle-income countries computed 583.33 bn US$
Current account balance in US dollars — Iraq, by year Iraq All countries CSV XLSX
Year bn US$ Change Change, %
2031 -20.1 −5.68 −39.37%
2030 -14.42 −4.49 −45.26%
2029 -9.93 −4.58 −85.54%
2028 -5.35 −6.07 −844.23%
2027 0.72 +14.88 +105.08%
2026 -14.16 −9.64 −213.18%
2025 -4.52 +1.45 +24.32%
2024 -5.98 −21.81 −137.73%
2023 15.84 −22.87 −59.08%
2022 38.7 +32.19 +494.35%
2021 6.51 +18.96 +152.31%
2020 -12.45 −26.36 −189.49%
2019 13.91 −4.63 −24.97%
2018 18.54 +22.46 +573.25%
2017 -3.92 +7.63 +66.08%
2016 -11.55 −2.29 −24.7%
2015 -9.26 −25.12 −158.42%
2014 15.86 −0.24 −1.47%
2013 16.09 +2.05 +14.61%
2012 14.04 −7.14 −33.69%
2011 21.18 +17.35 +454.06%
2010 3.82 +11.7 +148.5%
2009 -7.88 −27.88 −139.4%
2008 20 +20.3 +6,789.3%
2007 -0.3 −2.55 −113.31%
2006 2.25 −4.54 −66.89%
2005 6.78 +9.83 +322.76%
2004 -3.05 −1.36 −80.93%
2003 -1.68 −1.3 −336.01%
2002 -0.39 −0.8 −193.24%
2001 0.41

About the indicator

The current account balance in billions of US dollars: trade in goods and services, income from investment and labor, and current transfers, all together. A positive value means a country exports capital, a negative one that it imports it. By definition the sum over all countries of the world should be zero, but in practice it fails to balance by several hundred billion: the discrepancy comes from countries recording the same flows differently.

Important: The same indicator as a percent of GDP is available separately, and for comparing countries it suits better. The absolute value is needed to see the scale of the flows in the world economy.

Source: World Economic Outlook (IMF), license IMF open data.