03_Official bilateral loans, total in Iraq

Iraq: 03_Official bilateral loans, total was 5.86 billion in 2023. ◆ Volatile

Latest (2023)
5.86 billion
Change on year
up 14.8%
World rank
10th
of 160 countries
All-time high
5.86 billion
in 2023
All-time low
27.00 million
in 2005
Years of data
27
1997–2023

03_Official bilateral loans, total in Iraq, 1997–2023

02.0B4.0B6.0B1997201020231997: 331.0M1998: 477.0M1999: 543.0M2000: 496.0M2001: 448.0M2002: 480.0M2003: 513.0M2004: 414.0M2005: 27.0M2006: 40.0M2007: 62.0M2008: 273.0M2009: 78.0M2010: 455.0M2011: 875.0M2012: 1.1B2013: 1.6B2014: 1.7B2015: 2.0B2016: 2.5B2017: 3.5B2018: 3.9B2019: 4.1B2020: 5.0B2021: 4.9B2022: 5.1B2023: 5.9B

Source: OECD.

Analysis

In 2023, 03_official bilateral loans, total in Iraq stood at 5.86 billion. That is the highest value across all 27 years on record.

That represents a change of up 14.8% on the previous year and up 265.6% over ten years.

Over the whole period, 03_official bilateral loans, total in Iraq peaked at 5.86 billion in 2023 and was at its lowest, 27.00 million, in 2005.

Iraq ranks 10th of 160 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 450.33 million 331.00 million 543.00 million 3
2000s 283.10 million 27.00 million 513.00 million 10
2010s 2.17 billion 455.00 million 4.14 billion 10
2020s 5.24 billion 4.95 billion 5.86 billion 4

Countries ranked near Iraq

  1. 7 Egypt 7.46 billion compare
  2. 8 Morocco 7.32 billion compare
  3. 9 Pakistan 6.48 billion compare
  4. 11 Colombia 5.36 billion compare
  5. 12 Turkey 4.92 billion compare
  6. 13 Myanmar 4.28 billion compare

See the full ranking of 162 places →

More reference data data for Iraq

All data for Iraq →

Frequently asked questions

What is 03_official bilateral loans, total in Iraq?
03_official bilateral loans, total in Iraq was 5.86 billion in 2023, according to OECD.
What is the highest 03_official bilateral loans, total recorded in Iraq?
The highest recorded value was 5.86 billion in 2023.
What is the lowest 03_official bilateral loans, total recorded in Iraq?
The lowest recorded value was 27.00 million in 2005.
How does Iraq rank for 03_official bilateral loans, total?
Iraq ranks 10th out of 160 countries with data for 2023.
Is 03_official bilateral loans, total rising or falling in Iraq?
Over the last ten years it is up 265.6%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from OECD, published as part of 03_Official bilateral loans, total. Statizoid updates them automatically from the source API.

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About this data

Indicator
03_Official bilateral loans, total
Source
OECD
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 3,734 data points, 1996–2023
Last refreshed

The data show the outstanding debt on loans, other than direct export credits, extended by governments which are members of the OECD’s Development Assistance Committee (DAC). In addition to straightforward loans, official bilateral loans include loans repayable in kind, and eligible loans in Associated Financing packages.