Iraq Government gross debt in Iraq

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 61.7% 2027: 58.7% 2028: 60.9% 2029: 63.8% 2030: 66.9% 2031: 70.6%
70.6 (2031) ANUAL · % of GDP · Annual · CSV
Period% of GDP
Jan 2031 70.6
Jan 2030 66.9
Jan 2029 63.8
Jan 2028 60.9
Jan 2027 58.7
Jan 2026 61.7
Jan 2025 53.9
Jan 2024 45.2
Jan 2023 42.1
Jan 2022 39.0
Jan 2021 54.7
Jan 2020 72.5
Jan 2019 41.7
Jan 2018 44.4
Jan 2017 55.9
Jan 2016 60.3
Jan 2015 48.3
Jan 2014 27.6
Jan 2013 32.0
Jan 2012 34.8
Jan 2011 40.7
Jan 2010 53.5
Jan 2009 87.4
Jan 2008 74.2
Jan 2007 117.1
Jan 2006 143.2
Jan 2005 227.3
Jan 2004 344.3

About this indicator

Source
International Monetary Fund
Frequency
Annual
Release
Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.
What it is
Government gross debt measures the total outstanding liabilities of Iraq's general government to its creditors. It is usually expressed as a share of GDP to gauge sustainability.
How it's calculated
It is compiled by adding the gross liabilities of general government (debt securities, loans and other liabilities). The reference figure comes from the IMF World Economic Outlook, is annual and is expressed as a percentage of GDP and in absolute dinar terms.
Market implications
Iraq's debt is highly sensitive to oil prices, on which its fiscal revenue depends: a slump in crude quickly widens the deficit and lifts borrowing. It is a key variable for investors given the country's heavy reliance on hydrocarbons.
Limitations
It is a low-frequency figure of limited quality and subject to revision. The ratio depends on nominal GDP and on oil prices, so it can swing sharply without any change in the underlying debt stock.