Iraq recorded a Government Budget surplus equal to 6.20 percent of the country's Gross Domestic Product in 2018.
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 June of 2020.
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.