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MacroIraq

Government debt in Iraq

How indebted is the state my taxes would go to?

Iraq's government debt is 53.90 % — #60 of 124 countries on the atlas (lower is better). Period 2025.

53.90%

Checked 8 Sept 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 0.5 years' worth of the country's entire economic output.

Government debt in Iraq over time

344.30 %185.95 %27.60 %344.30 % · 200427.60 % · 20142004: 344.30 %2005: 227.30 %2006: 143.20 %2007: 117.10 %2008: 74.20 %2009: 87.40 %2010: 53.50 %2011: 40.70 %2012: 34.80 %2013: 32.00 %2014: 27.60 %2015: 48.30 %2016: 60.30 %2017: 55.90 %2018: 44.40 %2019: 41.70 %2020: 72.50 %2021: 54.70 %2022: 39.00 %2023: 42.10 %2024: 45.20 %2025: 53.90 %20042014202553.90 %
22 official observations, 2004 → 2025. Every point is a published value — never interpolated.
Rank
#60 of 124
lower is better
Ranked behind
52 %
64 of 124 countries
Latest move
▲ 8.70 pp
since 2024
Below its peak
290.40 pp
peak 344.30 % in 2004
Full series
▼ 290.40 pp
since 2004

In Asia: #24 of 37vs median 54.55 %: −0.65 pp (better)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %Iraq: ahead of 52 % of the 124 countries with a published government debtIraq 53.90 %12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. Iraq is ahead of 52 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Iraq
58 Papua New Guinea52.10 %−1.80 pp
59 South Korea52.30 %−1.60 pp
60 Iraq53.90 %—
61 Algeria54.10 %+0.20 pp
62 Ecuador54.40 %+0.50 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Iraq

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Iraq with another country →Everything about Iraq →
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