Economic Policy & Debt · Iraq
Yearly data from 2005 to 2025, from the World Bank.
Iraq's net trade in goods (current US$, BoP) was US$20.97 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 90.81% from US$10.99 billion in 2015 (6.67% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | US$20.97 billion | 2025 |
| Five years earlier | US$5.81 billion | 2020 |
| Ten years earlier | US$10.99 billion | 2015 |
| Highest | US$71.13 billion | 2022 |
| Lowest | US$3.7 billion | 2005 |
| Average since 2016 | US$32.34 billion | 2016–2025 |
| First recorded | US$3.7 billion | 2005 |
Over five years it is up 260.66% from US$5.81 billion in 2020 (29.25% a year on average, compounded). Since 2005 it is up 467.51% from US$3.7 billion in 2005 (9.07% a year on average, compounded).
In 2025, Iraq's net trade in goods (current US$, BoP) fell 21.4% on 2024 (from US$26.69 billion to US$20.97 billion).
Across the 19 yearly changes before that (2006 to 2024), the average change was +67.2% and a typical year strayed about 154.2% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 559.8% in 2021 and the biggest yearly fall was 87.8% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 4% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2025, Iraq had the 25th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
| Year | Net trade in goods (current US$, BoP) |
|---|---|
| 2025 | 20,970,770,000 |
| 2024 | 26,691,400,000 |
| 2023 | 43,196,686,393 |
| 2022 | 71,130,000,000 |
| 2021 | 38,362,700,000 |
| 2020 | 5,814,600,000 |
| 2019 | 32,167,600,000 |
| 2018 | 47,484,200,000 |
| 2017 | 25,373,500,000 |
| 2016 | 12,221,300,000 |
| 2015 | 10,990,385,778 |
| 2014 | 35,558,000,000 |
| 2013 | 36,765,082,324 |
| 2012 | 44,052,000,000 |
| 2011 | 39,051,000,000 |
| 2010 | 14,432,300,000 |
| 2009 | 4,144,500,000 |
| 2008 | 33,966,800,000 |
| 2007 | 22,964,500,000 |
| 2006 | 11,821,900,000 |
| 2005 | 3,695,200,000 |
Every indicator for Iraq is on the Iraq data page.
World Bank, World Development Indicators, indicator BN.GSR.MRCH.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in