household debts in Iraq

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.

Back to overview: Iraq

Gross debt of the last 17 years in billion USD

YearIraq totalIraq per capitaEU per capita
2004126.12 bn USD4,793 USD17,606 USD
2005113.57 bn USD4,218 USD18,337 USD
200693.26 bn USD3,398 USD18,887 USD
2007104.01 bn USD3,727 USD20,910 USD
200897.62 bn USD3,439 USD24,100 USD
200997.56 bn USD3,367 USD25,376 USD
201074.15 bn USD2,493 USD26,515 USD
201175.64 bn USD2,462 USD29,254 USD
201275.83 bn USD2,378 USD28,198 USD
201375.05 bn USD2,264 USD30,008 USD
201475.06 bn USD2,181 USD30,677 USD
201594.95 bn USD2,515 USD25,944 USD
2016111.58 bn USD2,883 USD26,287 USD
2017110.57 bn USD2,791 USD27,108 USD
2018110.39 bn USD2,720 USD28,543 USD
2019105.59 bn USD2,540 USD27,264 USD
2020155.30 bn USD3,649 USD30,919 USD
2021122.82 bn USD2,821 USD33,827 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Iraq       European Union

Comparison: average incomeAverage income around the worldA comparison of the average income per capita over 69 countries worldwide
The richest countries in the worldThe richest countries in the worldThese are the 50 wealthiest countries in a global comparison: tax havens, gambling, and oil ensure prosperity.
Venezuela: InflationInflation rates in VenezuelaDevelopment of inflation rates over the last 40 years in Venezuela incl. comparison with the U.S.