
Gross debt in Iraq
The 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 2021 was between 74.2 billion and 155.3 billion USD. The hightest level within the past 17 years was reached in 2020. However, the liabilities in 2021 have been only 123 billion USD
Based on the number of inhabitants, this is a debt of 2,821 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.
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Gross debt of the last 17 years in billion USD
Year | Iraq total | Iraq per capita | EU per capita |
---|---|---|---|
2004 | 126.12 bn USD | 4,793 USD | 17,606 USD |
2005 | 113.57 bn USD | 4,218 USD | 18,337 USD |
2006 | 93.26 bn USD | 3,398 USD | 18,887 USD |
2007 | 104.01 bn USD | 3,727 USD | 20,910 USD |
2008 | 97.62 bn USD | 3,439 USD | 24,100 USD |
2009 | 97.56 bn USD | 3,367 USD | 25,376 USD |
2010 | 74.15 bn USD | 2,493 USD | 26,515 USD |
2011 | 75.64 bn USD | 2,462 USD | 29,254 USD |
2012 | 75.83 bn USD | 2,378 USD | 28,198 USD |
2013 | 75.05 bn USD | 2,264 USD | 30,008 USD |
2014 | 75.06 bn USD | 2,181 USD | 30,677 USD |
2015 | 94.95 bn USD | 2,515 USD | 25,944 USD |
2016 | 111.58 bn USD | 2,883 USD | 26,287 USD |
2017 | 110.57 bn USD | 2,791 USD | 27,108 USD |
2018 | 110.39 bn USD | 2,720 USD | 28,543 USD |
2019 | 105.59 bn USD | 2,540 USD | 27,264 USD |
2020 | 155.30 bn USD | 3,649 USD | 30,919 USD |
2021 | 122.82 bn USD | 2,821 USD | 33,827 USD |