The benchmark interest rate in Iraq was last recorded at 4 percent.

Interest Rate in Iraq averaged 6.56 percent from 2004 until 2020, reaching an all time high of 20 percent in December of 2007 and a record low of 4 percent in March of 2016. This page provides the latest reported value for - Iraq Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iraq Interest Rate - values, historical data and charts - was last updated on October of 2020.

Interest Rate in Iraq is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Iraq to stand at 4.00 in 12 months time. In the long-term, the Iraq Interest Rate is projected to trend around 4.00 percent in 2021, according to our econometric models.

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Iraq Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.00 4.00 20.00 4.00 2004 - 2020 percent Daily

Iraq Money Last Previous Highest Lowest Unit
Interest Rate 4.00 4.00 20.00 4.00 percent [+]
Money Supply M0 81744.00 79148.00 81744.00 6708.00 IQD Billion [+]
Money Supply M1 97030.00 94447.00 97030.00 5774.00 IQD Billion [+]
Money Supply M2 111026.00 110236.00 111026.00 6953.00 IQD Billion [+]
Cash Reserve Ratio 15.00 15.00 25.00 15.00 percent [+]


Iraq Interest Rate
In Iraq, interest rates decisions are taken by the Central Bank of Iraq. The official interest rate is the Policy Rate.