External debt — all countries

External debt — Iraq

External debt in Iraq in 2024 — 17,517,006,333 US$. Ranked 70 in the world out of 118. Since 2015, the indicator has fallen by 8.5%.

2024 17.52B US$ −13.79% vs 2023
World rank 70of 118
Period maximum 28.08B US$2017
Period minimum 17.52B US$2024

Trend over time

2015–2024 · US$

External debt — Iraq, 2015–202415B20B25B30B20152016201720182019202020212022202320242015: 19,135,602,755 US$2016: 23,353,445,730 US$2017: 28,081,416,225 US$2018: 27,797,448,160 US$2019: 27,486,478,709 US$2020: 26,328,297,577 US$2021: 25,360,186,233 US$2022: 22,722,727,264 US$2023: 20,318,433,379 US$2024: 17,517,006,333 US$
Change over the period: −1.62B (−8.46%) Average annual rate: -0.98 %

Comparison, 2024

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

Iraq 17.52B US$
Upper-middle-income countries computed 6.08T US$
External debt — Iraq, by year Iraq All countries CSV XLSX
Year US$ Change Change, %
2024 17.52B −2.8B −13.79%
2023 20.32B −2.4B −10.58%
2022 22.72B −2.64B −10.4%
2021 25.36B −968M −3.68%
2020 26.33B −1.16B −4.21%
2019 27.49B −311M −1.12%
2018 27.8B −284M −1.01%
2017 28.08B +4.73B +20.25%
2016 23.35B +4.22B +22.04%
2015 19.14B

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.