Iraq's service imports (current US$, BoP) was US$26.87 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 50.83% from US$17.81 billion in 2015 (4.2% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$26.87 billion | 2025 |
| Five years earlier | US$13.82 billion | 2020 |
| Ten years earlier | US$17.81 billion | 2015 |
| Highest | US$30.22 billion | 2024 |
| Lowest | US$4.87 billion | 2007 |
| Average since 2016 | US$20.65 billion | 2016–2025 |
| First recorded | US$6.09 billion |
What the numbers say
In 2025, Iraq's service imports (current US$, BoP) fell 11.1% on 2024 (from US$30.22 billion to US$26.87 billion).
Across the 19 yearly changes before that (2006 to 2024), the average change was +10.9% and a typical year strayed about 21.3% from that (the standard deviation). This year's change was 1.0 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 55.6% in 2008 and the biggest yearly fall was 39.6% in 2020. 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 the straight-line trend is upward, about US$1.46 billion a year. A straight line explains 62% 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 2025, Iraq had the 46th 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.
| Value | Year | |
|---|---|---|
| Iraq | US$26.87 billion | 2025 |
| World | US$8.75 trillion | 2025 |
| Upper middle income | US$1.47 trillion | 2025 |
Closest to Iraq in the 2025 ranking
What this measures
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 21 values
| Year | Service imports (current US$, BoP) |
|---|---|
| 2025 | 26,867,100,000 |
| 2024 | 30,218,600,000 |
| 2023 | 25,226,700,000 |
| 2022 | 22,246,700,000 |
| 2021 | 15,985,800,000 |
| 2020 | 13,816,000,000 |
| 2019 | 22,864,900,000 |
| 2018 | 18,000,300,000 |
| 2017 | 16,268,800,000 |
| 2016 | 15,038,960,000 |
Service imports (current US$, BoP) in nearby economies
- Afghanistan — US$1.11 billion (2020)
- Algeria — US$11.99 billion (2025)
- Bahrain — US$12.97 billion (2025)
- Djibouti — US$729.63 million (2024)
- Egypt, Arab Rep. — US$29.61 billion (2025)
- Israel — US$56.46 billion (2025)
- Jordan — US$6.5 billion (2024)
- Kuwait — US$29.6 billion (2025)
- Lebanon — US$6.63 billion (2023)
- Libya — US$10.05 billion (2023)
- Malta
More economic policy & debt data for Iraq
- Total reserves, including gold (current US$) — 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$254.8 billion (2025)
Reading data like this
Questions people ask
- What is Iraq's service imports (current US$, BoP)?
- US$26.87 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 340.84% from US$6.09 billion in 2005 (7.7% a year on average, compounded). The highest value was US$30.22 billion in 2024 and the lowest US$4.87 billion in 2007.
- How does Iraq rank?
- 46th highest of 136 economies with data for 2025.
- Is the latest change in service imports (current US$, BoP) unusual for Iraq?
- In 2025, Iraq's service imports (current US$, BoP) fell 11.1% on 2024 (from US$30.22 billion to US$26.87 billion). Across the 19 yearly changes before that (2006 to 2024), the average change was +10.9% and a typical year strayed about 21.3% from that (the standard deviation). This year's change was 1.0 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 BM.GSR.NFSV.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.
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