Gross debt in IraqThe government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.
The gross debt in Iraq in the period from 2004 to 2020 was between 74.2 billion and 155.3 billion USD. The highest level of the last years at 155 billion US Dollar was reached in 2020.
Based on the number of inhabitants, this is a debt of 3,648 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.
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Gross debt of the last 16 years in billion USD
|Year||Iraq total||Iraq per capita||EU per capita|
|2004||126.12 bn USD||4,793 USD||17,595 USD|
|2005||113.57 bn USD||4,218 USD||18,327 USD|
|2006||93.26 bn USD||3,398 USD||18,877 USD|
|2007||104.01 bn USD||3,727 USD||20,898 USD|
|2008||97.62 bn USD||3,439 USD||24,086 USD|
|2009||97.56 bn USD||3,367 USD||25,361 USD|
|2010||74.15 bn USD||2,493 USD||26,496 USD|
|2011||75.64 bn USD||2,462 USD||29,231 USD|
|2012||75.83 bn USD||2,378 USD||28,174 USD|
|2013||75.05 bn USD||2,264 USD||29,981 USD|
|2014||75.06 bn USD||2,181 USD||30,648 USD|
|2015||94.95 bn USD||2,515 USD||25,918 USD|
|2016||111.63 bn USD||2,885 USD||26,261 USD|
|2017||110.57 bn USD||2,791 USD||27,024 USD|
|2018||108.75 bn USD||2,679 USD||28,448 USD|
|2019||105.46 bn USD||2,537 USD||27,168 USD|
|2020||155.26 bn USD||3,648 USD||30,783 USD|