Iraq recorded a Current Account surplus of 15609.90 USD Million in the second quarter of 2022. source: Central Bank of Iraq

Current Account in Iraq averaged 3398.76 USD Million from 1988 until 2022, reaching an all time high of 32344.00 USD Million in the fourth quarter of 2008 and a record low of -15410.00 USD Million in the fourth quarter of 2001. This page provides - Iraq Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Current Account - values, historical data and charts - was last updated on December of 2022.

Current Account in Iraq is expected to be 16600.38 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Current Account is projected to trend around 11622.45 USD Million in 2023 and 9845.76 USD Million in 2024, according to our econometric models.

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Iraq Current Account

Related Last Previous Unit Reference
Balance of Trade 18830.20 14432.60 USD Million Jun 2022
Current Account 15609.90 9163.50 USD Million Jun 2022
Current Account to GDP 5.90 -10.80 percent of GDP Dec 2021
Imports 12339.60 12257.50 USD Million Jun 2022
Exports 31169.80 26690.10 USD Million Jun 2022

Iraq Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
15609.90 9163.50 32344.00 -15410.00 1988 - 2022 USD Million Quarterly