Iraq recorded a government budget surplus of 15193856 IQD Million in the first seven months of 2018. Government Budget Value in Iraq averaged 9565373.57 IQD Million from 2004 until 2018, reaching an all time high of 61244368 IQD Million in August of 2015 and a record low of -13581445 IQD Million in September of 2012.
Government Budget Value in Iraq is expected to be 3297411.00 IQD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Iraq to stand at 2593231.00 in 12 months time. In the long-term, the Iraq Government Budget Value is projected to trend around 2484573.00 IQD Million in 2020, according to our econometric models.