Current account balance — all countries

Current account balance — Iraq

Current account balance in Iraq in 2031 — -5.6%. Ranked 157 in the world out of 188. Since 2001, the indicator has fallen by 7.6 pp.

2031 -5.6% −1.4 pp vs 2030
World rank 157of 188
Period maximum 15.2%2008
Period minimum -10.7%2003

Trend over time

2001–2031 · % of GDP

Current account balance — Iraq, 2001–2031-20-1001020200120042007201020132016201920222025202820312001: 2%2002: -1.8%2003: -10.7%2004: -8.3%2005: 13.5%2006: 3.4%2007: -0.3%2008: 15.2%2009: -7.1%2010: 2.8%2011: 11.4%2012: 6.4%2013: 6.9%2014: 6.8%2015: -5.2%2016: -6.9%2017: -2.1%2018: 8.1%2019: 5.9%2020: -6.8%2021: 3.1%2022: 13.4%2023: 5.8%2024: -2.1%2025: -1.7%2026: -5.3%2027: 0.2%2028: -1.8%2029: -3.1%2030: -4.2%2031: -5.6%
Change over the period: −7.6 pp Annual average: -0.25 pp

Comparison, 2031

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

Iraq -5.6%
World computed 0.28%
Western Asia computed 0.8%
Current account balance — Iraq, by year Iraq All countries CSV XLSX
Year % Change, pp
2031 -5.6 −1.4 pp
2030 -4.2 −1.1 pp
2029 -3.1 −1.3 pp
2028 -1.8 −2 pp
2027 0.2 +5.5 pp
2026 -5.3 −3.6 pp
2025 -1.7 +0.4 pp
2024 -2.1 −7.9 pp
2023 5.8 −7.6 pp
2022 13.4 +10.3 pp
2021 3.1 +9.9 pp
2020 -6.8 −12.7 pp
2019 5.9 −2.2 pp
2018 8.1 +10.2 pp
2017 -2.1 +4.8 pp
2016 -6.9 −1.7 pp
2015 -5.2 −12 pp
2014 6.8 −0.1 pp
2013 6.9 +0.5 pp
2012 6.4 −5 pp
2011 11.4 +8.6 pp
2010 2.8 +9.9 pp
2009 -7.1 −22.3 pp
2008 15.2 +15.5 pp
2007 -0.3 −3.7 pp
2006 3.4 −10.1 pp
2005 13.5 +21.8 pp
2004 -8.3 +2.4 pp
2003 -10.7 −8.9 pp
2002 -1.8 −3.8 pp
2001 2

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

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