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MacroIraq

Government debt in Iraq

How indebted is the state my taxes would go to?

Iraq's government debt is 52.80 % — #59 of 125 countries on the atlas (lower is better). Period 2025.

52.80%

Checked 24 Oct 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: 45.70 %2025: 52.80 %20042014202552.80 %
22 official observations, 2004 → 2025. Every point is a published value — never interpolated.
Rank
#59 of 125
lower is better
Ranked behind
53 %
66 of 125 countries
Latest move
▲ 7.10 pp
since 2024
Below its peak
291.50 pp
peak 344.30 % in 2004
Full series
▼ 291.50 pp
since 2004

In Asia: #24 of 37vs median 54.70 %: −1.90 pp (better)

Among 125 countries

6 of 125 countries between 12.30 % and 17.90 %2 of 125 countries between 17.90 % and 23.49 %10 of 125 countries between 23.49 % and 29.09 %11 of 125 countries between 29.09 % and 34.68 %8 of 125 countries between 34.68 % and 40.28 %9 of 125 countries between 40.28 % and 45.88 %7 of 125 countries between 45.88 % and 51.47 %13 of 125 countries between 51.47 % and 57.07 %8 of 125 countries between 57.07 % and 62.66 %10 of 125 countries between 62.66 % and 68.26 %4 of 125 countries between 68.26 % and 73.85 %3 of 125 countries between 73.85 % and 79.45 %7 of 125 countries between 79.45 % and 85.05 %6 of 125 countries between 85.05 % and 90.64 %2 of 125 countries between 90.64 % and 96.24 %6 of 125 countries between 96.24 % and 101.83 %2 of 125 countries between 101.83 % and 107.43 %1 of 125 countries between 107.43 % and 113.02 %2 of 125 countries between 113.02 % and 118.62 %1 of 125 countries between 124.22 % and 129.81 %2 of 125 countries between 135.41 % and 141.00 %5 of 125 countries between 141.00 % and 146.60 %median 54.70 %Iraq: ahead of 53 % of the 125 countries with a published government debtIraq 52.80 %12.30 %146.60 %
Half of all 125 countries sit between 36.10 % and 81.70 %. Iraq is ahead of 53 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Iraq
57 Algeria52.10 %−0.70 pp
58 South Korea52.40 %−0.40 pp
59 Iraq52.80 %—
60 Angola52.90 %+0.10 pp
61 Norway54.00 %+1.20 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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