Iraq - Current account balance

Current account balance (BoP, current US$)

The latest value for Current account balance (BoP, current US$) in Iraq was ($6,196,900,000) as of 2020. Over the past 15 years, the value for this indicator has fluctuated between $34,369,500,000 in 2018 and ($6,196,900,000) in 2020.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2005 ($3,335,400,000)
2006 $2,681,400,000
2007 $15,519,330,000
2008 $28,440,300,000
2009 ($1,128,500,000)
2010 $6,488,300,000
2011 $26,126,000,000
2012 $29,541,000,000
2013 $16,092,480,000
2014 $15,855,500,000
2015 ($2,761,814,000)
2016 $2,157,940,000
2017 $14,892,460,000
2018 $34,369,500,000
2019 $15,762,600,000
2020 ($6,196,900,000)

Current account balance (% of GDP)

Current account balance (% of GDP) in Iraq was -3.72 as of 2020. Its highest value over the past 15 years was 21.61 in 2008, while its lowest value was -6.68 in 2005.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2005 -6.68
2006 4.12
2007 17.47
2008 21.61
2009 -1.01
2010 4.68
2011 14.07
2012 13.55
2013 6.86
2014 6.94
2015 -1.66
2016 1.30
2017 7.95
2018 15.12
2019 6.70
2020 -3.72

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments