🇮🇶
Iraq Fiscal Balance
-3.5% GDPas of 2024
Iraq's fiscal balance stands at -3.5% GDP as of 2024. The indicator has increased from -5.6% in 2014 to -3.5% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -5.6% GDP | — |
| 2015 | -12.8% GDP | -7.2pp |
| 2016 | -14.4% GDP | -1.6pp |
| 2017 | -1.5% GDP | +12.9pp |
| 2018 | 7.7% GDP | +9.2pp |
| 2019 | 0.8% GDP | -6.9pp |
| 2020 | -12.8% GDP | -13.6pp |
| 2021 | -0.4% GDP | +12.4pp |
| 2022 | 8.1% GDP | +8.5pp |
| 2023 | -1.1% GDP | -9.2pp |
| 2024 | -3.5% GDP | -2.4pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.