Iraq Current Account to GDP  2004-2017 | Data | Chart | Calendar

Iraq recorded a Current Account deficit of 7.30 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Iraq averaged -0.52 percent from 2004 until 2016, reaching an all time high of 12.70 percent in 2008 and a record low of -24 percent in 2004.

Iraq Current Account to GDP
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Iraq Trade Last Previous Highest Lowest Unit
Balance of Trade 4397.00 30804.00 47550.00 -3492.00 USD Million [+]
Exports 43442.00 83981.00 94209.00 1720.40 USD Million [+]
Imports 39045.00 53177.00 59349.00 2681.90 USD Million [+]
Current Account 24427.90 26440.00 58507.00 -15410.00 USD Million [+]
Current Account to GDP -7.30 -6.50 12.70 -24.00 percent [+]
Gold Reserves 89.82 89.82 89.82 0.00 Tonnes [+]
Crude Oil Production 4380.00 4400.00 4830.00 0.00 BBL/D/1K [+]
Terrorism Index 10.00 9.96 10.00 4.09 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Iraq Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Iraq Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-7.30 -6.50 12.70 -24.00 2004 - 2016 percent Yearly




current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16