NATIONAL PUBLIC DEBT Iraq 2024

Iraq national debt goes up

In 2024 Iraq public debt was 119,692 million euros129,513 million dollars, has increased 14,33915,565 million since 2023.

This amount means that the debt in 2024 reached 46.46% of Iraq GDP, a 4.38 percentage point rise from 2023, when it was 42.08% of GDP.

If we check the tables we can see the evolution of Iraq debt. It has risen since 2014 in global debt terms, when it was 48,676 million euros 64,682 million dollars and also in terms of GDP percentage, when it amounted to 27.57%.

According to the last data point published, Iraq per capita debt in 2024 was 2,655 euros2,873 dollars per inhabitant. In 2023 it was 2,337 euros 2,528 dollars, afterwards rising by 318 euros345 dollars, and if we again check 2014 we can see that then the debt per person was 1,332 euros1,770 dollars .

The position of Iraq, as compared with the rest of the world, has worsened in 2024 in terms of GDP percentage. Currently it is country number 73 in the list of debt to GDP and 87 in debt per capita, out of the 192 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
2024119,692129,51346.46%€2,655$2,873
2023105,353113,94842.08%€2,337$2,528
2022106,529112,26838.97%€2,417$2,547
202197,431115,31354.72%€2,262$2,677
2020115,910132,28672.46%€2,752$3,141
201988,17998,72541.71%€2,141$2,397
201886,431102,11844.36%€2,147$2,536
201794,030106,18755.87%€2,390$2,699
201691,780101,56460.30%€2,386$2,640
201577,37785,85948.34%€2,060$2,286
201448,67664,68227.57%€1,332$1,770
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