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. On the other hand 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 140.4 billion USD. The highest level of the last years at 140 billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is in Iraq a debt of 3,491 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,780 USD.

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Gross debt of the last 16 years in billion USD

YearIraq totalIraq per capitaEU per capita
2004126.12 bn USD4,793 USD15,459 USD
2005113.57 bn USD4,218 USD16,095 USD
200693.26 bn USD3,398 USD16,570 USD
2007104.02 bn USD3,727 USD18,334 USD
200897.61 bn USD3,439 USD21,119 USD
200997.56 bn USD3,367 USD22,222 USD
201074.15 bn USD2,493 USD26,496 USD
201175.64 bn USD2,462 USD29,231 USD
201275.83 bn USD2,378 USD28,064 USD
201375.05 bn USD2,264 USD29,836 USD
201475.06 bn USD2,181 USD30,512 USD
201594.95 bn USD2,669 USD25,813 USD
2016111.63 bn USD3,049 USD26,165 USD
2017110.57 bn USD2,944 USD26,931 USD
2018108.75 bn USD2,830 USD28,362 USD
2019106.12 bn USD2,700 USD27,095 USD
2020140.43 bn USD3,491 USD30,780 USD

Comparison of the gross debt per capita with the European Union in Euro

      Iraq       European Union

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