Iraq Government Budget ValueMay 2022 Data - 2004-2021 Historical - June Forecast

Name: Iraq Government Budget Value
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Iraq,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Iraq recorded a government budget surplus of 7120385 IQD Million in November of 2021. source: Central Bank Of Iraq

Government Budget Value in Iraq averaged 8284962 IQD Million from 2004 until 2021, reaching an all time high of 61244368 IQD Million in August of 2015 and a record low of -16599895 IQD Million in November of 2020. This page provides - Iraq Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Government Budget Value - values, historical data and charts - was last updated on June of 2022.

Government Budget Value in Iraq is expected to be 2934213.00 IQD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Government Budget Value is projected to trend around 2634213.00 IQD Million in 2023 and 6256637.89 IQD Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Debt to GDP	59.30	84.20	percent of GDP	Dec 2021
Government Budget	1.90	-12.80	percent of GDP	Dec 2021
Government Budget Value	7120385.00	5555493.00	IQD Million	Nov 2021
Government Revenues	94038465.00	81649919.00	IQD Million	Nov 2021
Fiscal Expenditure	86918080.00	76094426.00	IQD Million	Nov 2021

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.