Iraq recorded a government debt equivalent to 48.40 percent of the country's Gross Domestic Product in 2018. Iraq Government Debt to GDP - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Debt to GDP in Iraq averaged 94.55 percent from 2004 until 2018, reaching an all time high of 344.30 percent in 2004 and a record low of 32 percent in 2013. This page provides - Iraq Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt to GDP in Iraq is expected to reach 47.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Government Debt to GDP is projected to trend around 45.00 percent in 2021, according to our econometric models.


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Iraq Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
48.40 59.60 344.30 32.00 2004 - 2018 percent Yearly


Iraq Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.