Iraq recorded a Government Debt to GDP of 42.90 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Iraq averaged 80.19 percent of GDP from 2004 until 2024, reaching an all time high of 344.30 percent of GDP in 2004 and a record low of 27.60 percent of GDP in 2014. source: IMF

Government Debt to GDP in Iraq is expected to reach 44.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Government Debt to GDP is projected to trend around 45.00 percent of GDP in 2026 and 47.00 percent of GDP in 2027, according to our econometric models.



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 Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
42.90 42.10 344.30 27.60 2004 - 2024 percent of GDP Yearly