Iraq - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in Iraq was 9,453,210,000,000 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 9,453,210,000,000 in 2019 and a minimum value of 4,034,460,000,000 in 2017.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2014 8,890,940,000,000
2015 4,698,410,000,000
2016 4,089,080,000,000
2017 4,034,460,000,000
2018 4,327,010,000,000
2019 9,453,210,000,000

Goods and services expense (% of expense)

Goods and services expense (% of expense) in Iraq was 12.40 as of 2019. Its highest value over the past 5 years was 12.98 in 2014, while its lowest value was 6.57 in 2018.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2014 12.98
2015 8.93
2016 7.82
2017 7.01
2018 6.57
2019 12.40

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance