Iraq recorded a government budget deficit of 11101733 IQD Million in October of 2025. Government Budget Value in Iraq averaged 8615342.15 IQD Million from 2004 until 2025, reaching an all time high of 61244368.00 IQD Million in August of 2015 and a record low of -16599895.00 IQD Million in November of 2020. source: Central Bank Of Iraq

Related	Last	Previous	Unit	Reference
Fiscal Expenditure	115535280.00	99976737.00	IQD Million	Oct 2025
Government Budget	-1.50	-1.10	percent of GDP	Dec 2024
Government Budget Value	-11101733.00	-8128971.00	IQD Million	Oct 2025
Government Debt to GDP	42.90	42.10	percent of GDP	Dec 2024
Government Revenues	104433547.00	91847766.00	IQD Million	Oct 2025

Iraq Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.