NATIONAL PUBLIC DEBT Iraq 2023

National debt fell in Iraq

In 2023 Iraq public debt was 103,860 million euros112,333 million dollars, has decreased 5,5202,940 million since 2022.

This amount means that the debt in 2023 reached 44.51% of Iraq GDP, a 4.49 percentage point rise from 2022, when it was 40.02% of GDP.

If we check the tables we can see the evolution of Iraq debt. It has risen since 2013 in global debt terms, when it was 56,510 million euros 75,054 million dollars and also in terms of GDP percentage, when it amounted to 31.99%.

According to the last data point published, Iraq per capita debt in 2023 was 2,304 euros2,492 dollars per inhabitant. In 2022 it was 2,482 euros 2,616 dollars, afterwards dropping by 178 euros 124dollars, and if we again check 2013 we can see that then the debt per person was 1,691 euros2,246 dollars .

The position of Iraq, as compared with the rest of the world, has worsened in 2023 in terms of GDP percentage. Currently it is country number 65 in the list of debt to GDP and 83 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Iraq. You can see debt in other countries in Public debt and see all the information about Iraq in economy of Iraq.

Iraq: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
2023103,860112,33344.51%€2,304$2,492
2022109,380115,27340.02%€2,482$2,616
2021102,644121,48257.64%€2,383$2,820
2020122,456139,75776.55%€2,908$3,318
201991,665102,62843.36%€2,225$2,491
201891,787108,44647.11%€2,280$2,693
2017100,572113,57459.76%€2,557$2,887
2016101,554112,38066.72%€2,640$2,921
201591,143101,13556.93%€2,427$2,693
201458,03077,11232.86%€1,588$2,110
201356,51075,05431.99%€1,691$2,246
201258,98875,83534.78%€1,811$2,328
201154,34875,63640.72%€1,711$2,381
201055,88874,15253.53%€1,805$2,395
200970,02597,56387.38%€2,322$3,235
200866,37897,61574.17%€2,255$3,317
200775,884104,010117.09%€2,640$3,619
200674,27493,263143.17%€2,647$3,323
200591,438113,820227.34%€3,340$4,158
2004101,473126,165344.32%€3,804$4,730
Iraq: Evolution of debt as a percentage of GDP

Iraq: Evolution of debt in millions