Iraq Current Account Balance (% GDP) Statistics

05, Dec 2019, EST.

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Country or Region: Iraq › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Iraq indicators, › See Current Account Balance (% GDP) 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. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Iraq , Year 2015 - In Detail

Current Account Balance (% GDP) for Iraq in year 2015 is -6.388 %. 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. 118 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Iraq is 2.27 less than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Iraq was -0.78 % Current Account Balance (% GDP) for Iraq in 2015 was or will be 724.26% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Iraq was or will be -14.44 %, which is 126.10% more than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Iraq, in other Years
Year %
  2021 1.931
  2020 0.855
  2019 -1.281
  2018 -4.437
  2017 -10.956
  2016 -14.443
2015 -6.388
  2014 -0.775
  2013 1.363
  2012 6.658
  2011 12.012
  2010 2.959
  2009 -6.806
  2008 15.873
  2007 0.834
  2006 5.924
  2005 12.348
  2004 -17.494
  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