Iraq's PPG, IDA (DOD, current US$) was US$203.05 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 30.49% from US$292.12 million in 2019 (7.02% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$203.05 million | 2024 |
| Five years earlier | US$292.12 million | 2019 |
| Highest | US$335.5 million | 2015 |
| Lowest | US$203.05 million | 2024 |
| Average since 2015 | US$282.82 million | 2015–2024 |
| First recorded | US$335.5 million | 2015 |
Over five years it is down 30.49% from US$292.12 million in 2019 (7.02% a year on average, compounded). Since 2015 it is down 39.48% from US$335.5 million in 2015 (5.43% a year on average, compounded).
What the numbers say
In 2024, Iraq's PPG, IDA (DOD, current US$) fell 10% on 2023 (from US$225.53 million to US$203.05 million).
Across the 8 yearly changes before that (2016 to 2023), the average change was −4.8% and a typical year strayed about 4.2% from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 2.3% in 2017 and the biggest yearly fall was 11% in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$15.1 million a year. A straight line explains 95% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Iraq had the 63rd highest value of the 94 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.
| Value | Year | |
|---|---|---|
| Iraq | US$203.05 million | 2024 |
| Upper middle income | US$12.23 billion | 2024 |
Closest to Iraq in the 2024 ranking
What this measures
Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 10 values
| Year | PPG, IDA (DOD, current US$) |
|---|---|
| 2024 | 203,054,000 |
| 2023 | 225,529,000 |
| 2022 | 240,070,000 |
| 2021 | 269,746,000 |
| 2020 | 290,919,000 |
| 2019 | 292,117,000 |
| 2018 | 310,967,000 |
| 2017 | 333,883,000 |
| 2016 | 326,378,000 |
| 2015 | 335,496,000 |
PPG, IDA (DOD, current US$) in nearby economies
- Afghanistan — US$279.74 million (2024)
- Djibouti — US$295.54 million (2024)
- Egypt, Arab Rep. — US$100.81 million (2024)
- Jordan — US$194.03 million (2024)
- Morocco — US$98,000 (2024)
- Pakistan — US$17.56 billion (2024)
- Syrian Arab Republic — US$14.05 million (2024)
- Tunisia — US$0 (2023)
- Yemen, Rep. — US$1.04 billion (2024)
More economic policy & debt data for Iraq
- Total reserves, including gold (current US$) — US$98.45 billion (2025)
- Total reserves, excluding gold (current US$) — US$73.93 billion (2025)
- GDP (current US$) — US$254.37 billion (2025)
- GDP (current LCU) — 330.68 trillion (2025)
- GDP (constant 2015 US$) — US$188.32 billion (2025)
- GDP (constant LCU) — 207.34 trillion (2025)
- GDP per capita (current US$) — US$5,410 (2025)
- GDP per capita (current LCU) — 7.03 million (2025)
- GDP per capita (constant 2015 US$) — US$4,005 (2025)
- GDP per capita (constant LCU) — 4.41 million (2025)
- GNI (current US$) — US$254.8 billion (2025)
Reading data like this
Questions people ask
- What is Iraq's PPG, IDA (DOD, current US$)?
- US$203.05 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2015?
- It is down 39.48% from US$335.5 million in 2015 (5.43% a year on average, compounded). The highest value was US$335.5 million in 2015 and the lowest US$203.05 million in 2024.
- How does Iraq rank?
- 63rd highest of 94 economies with data for 2024.
- Is the latest change in PPG, IDA (DOD, current US$) unusual for Iraq?
- In 2024, Iraq's PPG, IDA (DOD, current US$) fell 10% on 2023 (from US$225.53 million to US$203.05 million). Across the 8 yearly changes before that (2016 to 2023), the average change was −4.8% and a typical year strayed about 4.2% from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator DT.DOD.MIDA.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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.
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