Iraq: Public and publicly guaranteed debt service (% of exports of goods, services and primary income)

Key figures

Over five years it is up 0.67 percentage points from 2.13% in 2019. Since 2015 it is up 0.54 percentage points from 2.26% in 2015.

What the numbers say

In 2024, Iraq's public and publicly guaranteed debt service (% of exports of goods, services and primary income) fell 1.02 percentage points on 2023 (from 3.82% to 2.8%).

Across the 8 yearly changes before that (2016 to 2023), the average change was +0.19 percentage points and a typical year strayed about 1.4 percentage points from that (the standard deviation). This year's change was 0.9 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 3.28 percentage points in 2020 and the biggest yearly fall was 1.44 percentage points in 2021. 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 there is no clear straight-line trend: a straight line explains 22% 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.

How it compares

In 2024, Iraq had the 90th highest value of the 101 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.

Closest to Iraq in the 2024 ranking

• Armenia — 86th of 101: 2.87%
• Timor-Leste — 87th of 101: 2.85%
• Guinea — 88th of 101: 2.83%
• Liberia — 90th of 101: 2.45%
• Djibouti — 91st of 101: 1.98%
• São Tomé and Principe — 92nd of 101: 1.96%

What this measures

Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 10 values

Public and publicly guaranteed debt service (% of exports of goods, services and primary income) in nearby economies

• Afghanistan — 1.67% (2020)
• Algeria — 0.19% (2024)
• Djibouti — 1.98% (2024)
• Egypt, Arab Rep. — 36.23% (2024)
• Jordan — 8.35% (2024)
• Lebanon — 1.58% (2023)
• Morocco — 8.78% (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

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Questions people ask

What is Iraq's public and publicly guaranteed debt service (% of exports of goods, services and primary income)?

2.8% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2015?

It is up 0.54 percentage points from 2.26% in 2015. The highest value was 5.41% in 2020 and the lowest 1.9% in 2018.

How does Iraq rank?

90th highest of 101 economies with data for 2024.

Is the latest change in public and publicly guaranteed debt service (% of exports of goods, services and primary income) unusual for Iraq?

In 2024, Iraq's public and publicly guaranteed debt service (% of exports of goods, services and primary income) fell 1.02 percentage points on 2023 (from 3.82% to 2.8%). Across the 8 yearly changes before that (2016 to 2023), the average change was +0.19 percentage points and a typical year strayed about 1.4 percentage points from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator DT.TDS.DPPG.XP.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics 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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