Iraq Current Account Balance (US Dollars) Statistics

22, Mar 2019, EDT.

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Country or Region: Iraq › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Iraq indicators, › See Current Account Balance (US Dollars) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Iraqi Dinar
Currency Symbol: IQD

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. Source: Central Bank Latest actual data: 2014. Estimates based on authorities' figures. BOP Manual used: Balance of Payments Manual, fifth edition (BPM5) Primary domestic currency: Iraqi dinar Data last updated: 03/2016

Current Account Balance (US Dollars) Statistics for Iraq , Year 2015 - In Detail

Current Account Balance (US Dollars) for Iraq in year 2015 is US$ -10.824 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes Iraq No. 169 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Iraq is US$ 17.86 less than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Iraq was US$ -1.73 Billion Current Account Balance (US Dollars) for Iraq in 2015 was or will be 524.94% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Iraq was or will be US$-21.44 Billion, which is 98.03% more than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Iraq, in other Years
Year US$ Billion
  2021 4.226
  2020 1.755
  2019 -2.449
  2018 -7.865
  2017 -18.013
  2016 -21.435
2015 -10.824
  2014 -1.732
  2013 3.17
  2012 14.516
  2011 22.312
  2010 4.099
  2009 -7.6
  2008 20.891
  2007 0.741
  2006 3.859
  2005 6.182
  2004 -6.41
  2003 n/a
  2002 n/a
  2001 n/a
  2000 n/a
  1999 n/a
  1998 n/a
  1997 n/a
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a