Iraq recorded a Government Budget deficit equal to 0.80 percent of the country's Gross Domestic Product in 2021. source: IMF
Government Budget in Iraq averaged -3.74 percent of GDP from 2004 until 2021, reaching an all time high of 10.70 percent of GDP in 2006 and a record low of -35.40 percent of GDP in 2004. This page provides - Iraq Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq Government Budget - values, historical data and charts - was last updated on December of 2022.
Government Budget in Iraq is expected to reach 10.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Government Budget is projected to trend around 8.00 percent of GDP in 2023 and 5.00 percent of GDP in 2024, according to our econometric models.