Iraq - External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Iraq was 19,645,300,000,000 as of 2019. As the graph below shows, over the past 49 years this indicator reached a maximum value of 42,498,600,000,000 in 2018 and a minimum value of -5,181,770,000,000 in 2005.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 200,900,000
1971 282,300,000
1972 211,500,000
1973 337,800,000
1974 1,002,100,000
1975 387,700,000
1976 1,125,000,000
1977 900,100,000
1978 1,756,300,000
1979 3,494,200,000
1980 5,034,800,000
1981 -3,480,500,000
1982 -5,096,900,000
1983 -1,048,900,000
1984 -582,100,000
1985 -701,300,000
1986 -1,455,800,000
1987 -511,300,000
1988 -607,200,000
1989 -184,700,000
1990 151,200,000
1991 -513,800,000
1992 -870,600,000
1993 -1,266,000,000
1994 -471,800,000
1995 -686,000,000
1996 -556,800,000
1997 3,245,910,000,000
1998 4,033,960,000,000
1999 5,843,430,000,000
2000 13,091,200,000,000
2001 1,556,120,000,000
2002 8,769,900,000,000
2003 162,992,000,000
2004 -4,094,950,000,000
2005 -5,181,770,000,000
2006 11,865,700,000,000
2007 19,735,300,000,000
2008 30,778,800,000,000
2009 147,420,000,000
2010 8,648,060,000,000
2011 36,214,800,000,000
2012 39,171,500,000,000
2013 32,603,600,000,000
2014 23,706,200,000,000
2015 -1,096,980,000,000
2016 3,207,360,000,000
2017 17,846,800,000,000
2018 42,498,600,000,000
2019 19,645,300,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts