Trade openness — all countries

Trade openness — Iraq

Trade openness in Iraq in 2024 — 77.14%. Ranked 96 in the world out of 172. Since 1970, the indicator has risen by 19.62 pp.

2024 77.14% +7.68 pp vs 2023
World rank 96of 172
Period maximum 154.23%2003
Period minimum 0.02%1995

Trend over time

1970–2024 · % of GDP

Trade openness — Iraq, 1970–202405010015020019701976198219881994200020062012201820241970: 57.52%1971: 66.65%1972: 58.41%1973: 70.94%1974: 92.61%1975: 94.9%1976: 93.28%1977: 97.03%1978: 88.33%1979: 93.62%1980: 95.05%1981: 93.91%1982: 92.79%1983: 57.55%1984: 55.33%1985: 54.96%1986: 42.94%1987: 49.35%1988: 42.5%1989: 44.84%1990: 15.13%1991: 3.79%1992: 1.92%1993: 0.54%1994: 0.1%1995: 0.02%1996: 0.03%1997: 106.19%1998: 132.24%1999: 138.31%2000: 125.34%2001: 126.78%2002: 119.76%2003: 154.23%2004: 120.23%2005: 115.74%2006: 89.65%2007: 74.09%2008: 81.06%2009: 78.69%2010: 73.5%2011: 72.17%2012: 73.61%2013: 67.41%2014: 68.98%2015: 69.59%2016: 54.59%2017: 59.78%2018: 65.8%2019: 68.99%2020: 57.74%2021: 61.5%2022: 68.76%2023: 69.46%2024: 77.14%
Change over the period: +19.62 pp Annual average: 0.36 pp

Comparison, 2024

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

Iraq 77.14%
World 56.72%
Western Asia computed 64.3%
Trade openness — Iraq, by year Iraq All countries CSV XLSX
Year % Change, pp
2024 77.14 +7.68 pp
2023 69.46 +0.7 pp
2022 68.76 +7.26 pp
2021 61.5 +3.76 pp
2020 57.74 −11.25 pp
2019 68.99 +3.19 pp
2018 65.8 +6.02 pp
2017 59.78 +5.19 pp
2016 54.59 −15 pp
2015 69.59 +0.61 pp
2014 68.98 +1.57 pp
2013 67.41 −6.2 pp
2012 73.61 +1.44 pp
2011 72.17 −1.33 pp
2010 73.5 −5.19 pp
2009 78.69 −2.37 pp
2008 81.06 +6.96 pp
2007 74.09 −15.56 pp
2006 89.65 −26.09 pp
2005 115.74 −4.49 pp
2004 120.23 −34 pp
2003 154.23 +34.47 pp
2002 119.76 −7.02 pp
2001 126.78 +1.44 pp
2000 125.34 −12.98 pp
1999 138.31 +6.07 pp
1998 132.24 +26.05 pp
1997 106.19 +106.16 pp
1996 0.03 +0.01 pp
1995 0.02 −0.08 pp
1994 0.1 −0.45 pp
1993 0.54 −1.38 pp
1992 1.92 −1.87 pp
1991 3.79 −11.34 pp
1990 15.13 −29.71 pp
1989 44.84 +2.34 pp
1988 42.5 −6.85 pp
1987 49.35 +6.41 pp
1986 42.94 −12.02 pp
1985 54.96 −0.37 pp
1984 55.33 −2.22 pp
1983 57.55 −35.24 pp
1982 92.79 −1.12 pp
1981 93.91 −1.14 pp
1980 95.05 +1.43 pp
1979 93.62 +5.29 pp
1978 88.33 −8.7 pp
1977 97.03 +3.75 pp
1976 93.28 −1.62 pp
1975 94.9 +2.29 pp
1974 92.61 +21.68 pp
1973 70.94 +12.53 pp
1972 58.41 −8.24 pp
1971 66.65 +9.13 pp
1970 57.52

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

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