Iraq Government net lending/borrowing in Iraq

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: -7.9% 2027: -2.7% 2028: -4.4% 2029: -5.7% 2030: -6.3% 2031: -7.3%
-7.3 (2031) ANUAL · % of GDP · Annual · CSV
Period% of GDP
Jan 2031 -7.3
Jan 2030 -6.3
Jan 2029 -5.7
Jan 2028 -4.4
Jan 2027 -2.7
Jan 2026 -7.9
Jan 2025 -6.4
Jan 2024 -3.5
Jan 2023 -1.1
Jan 2022 8.1
Jan 2021 -0.4
Jan 2020 -12.8
Jan 2019 0.8
Jan 2018 7.7
Jan 2017 -1.5
Jan 2016 -14.4
Jan 2015 -12.8
Jan 2014 -5.6
Jan 2013 -6.1
Jan 2012 4.1
Jan 2011 4.7
Jan 2010 -4.2
Jan 2009 -14.9
Jan 2008 -0.9
Jan 2007 10.0
Jan 2006 10.7
Jan 2005 4.1
Jan 2004 -35.4

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
Iraq's government budget balance is the shortfall recorded when public spending exceeds revenue over the fiscal year; when revenue exceeds spending there is a surplus. Published by the Ministry of Finance, it is usually expressed as a percentage of GDP.
How it's calculated
It is the difference between central government revenue and spending over the period, scaled against GDP to obtain the ratio. The figures are annual and hinge heavily on oil revenue.
Market implications
The deficit sets Iraq's borrowing needs and the path of debt. As a heavily oil-dependent economy, the fiscal balance swings with crude prices, shaping budget sustainability and the assessments of the IMF and the rating agencies.
Limitations
It is a low-frequency figure, subject to revision and to delays in budget approval. Its heavy reliance on oil revenue makes it highly volatile and hard to compare with diversified economies.