Fiscal Expenditure in Iraq increased to 17377596 IQD Million in March from 10749424 IQD Million in February of 2020.

Fiscal Expenditure in Iraq averaged 29931082.20 IQD Million from 2004 until 2020, reaching an all time high of 111723523 IQD Million in December of 2019 and a record low of 468749 IQD Million in January of 2004. This page provides - Iraq Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Fiscal Expenditure - values, historical data and charts - was last updated on August of 2020.

Fiscal Expenditure in Iraq is expected to be 35377914.63 IQD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Iraq to stand at 34213916.21 in 12 months time. In the long-term, the Iraq Fiscal Expenditure is projected to trend around 34431478.72 IQD Million in 2021 and 34432573.92 IQD Million in 2022, according to our econometric models.

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Iraq Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
17377596.00 10749424.00 111723523.00 468749.00 2004 - 2020 IQD Million Monthly
Current Prices, NSA

Iraq Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.40 59.60 344.30 32.00 percent [+]
Government Budget -0.90 7.90 10.70 -34.90 percent of GDP [+]
Government Budget Value 790508.00 2056534.00 61244368.00 -13581445.00 IQD Million [+]
Government Revenues 18168104.00 12805958.00 119466403.00 1119448.00 IQD Million [+]
Fiscal Expenditure 17377596.00 10749424.00 111723523.00 468749.00 IQD Million [+]
Military Expenditure 6200.00 7416.00 9536.00 2037.00 USD Million [+]
Credit Rating 23.00 [+]


Iraq Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.