Iraq recorded a Government Budget surplus equal to 6.20 percent of the country's Gross Domestic Product in 2018. source: Central Bank Of Iraq

Government Budget in Iraq averaged -3.70 percent of GDP from 2004 until 2018, reaching an all time high of 10.70 percent of GDP in 2006 and a record low of -34.90 percent of GDP in 2004. This page provides - Iraq Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Government Budget - values, historical data and charts - was last updated on January of 2021.

Government Budget in Iraq is expected to reach -22.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Government Budget is projected to trend around -12.50 percent of GDP in 2021 and -9.00 percent of GDP in 2022, according to our econometric models.

Ok
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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Iraq Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-0.90 7.90 10.70 -34.90 2004 - 2019 percent of GDP Yearly

Iraq Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.30 46.90 344.30 32.00 percent [+]
Government Budget -0.90 7.90 10.70 -34.90 percent of GDP [+]
Government Budget Value -14771415.00 -13292946.00 61244368.00 -14771415.00 IQD Million [+]
Government Revenues 43094076.00 38441232.00 119466403.00 1119448.00 IQD Million [+]
Fiscal Expenditure 57865461.00 51734178.00 111723523.00 468749.00 IQD Million [+]
Military Expenditure 6200.00 7416.00 9536.00 2037.00 USD Million [+]
Credit Rating 23.00 [+]


Iraq Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.