Share of government expenditure going to interest payments in Iraq

Iraq: Share of government expenditure going to interest payments was 0.0082 in 2019. ◆ Volatile

Latest (2019)
0.0082
Change on year
down 99.9%
World rank
152nd
of 152 countries
All-time high
8.39
in 2018
All-time low
0.0082
in 2019
Years of data
6
2014–2019

Share of government expenditure going to interest payments in Iraq, 2014–2019

024682014201620192014: 12015: 1.22016: 2.72017: 42018: 8.42019: 0.008

Source: Our World in Data.

Analysis

In 2019, share of government expenditure going to interest payments in Iraq stood at 0.0082. That is the lowest value across all 6 years on record.

Compared with earlier readings it is down 99.9% on the previous year and down 99.2% over ten years.

Iraq ranks 152nd of 152 countries on this measure, in the bottom quarter.

Share of government expenditure going to interest payments in Iraq, year by year

Annual values for Share of government expenditure going to interest payments in Iraq, 2014 to 2019.
Year Value Change
2014 1.04
2015 1.25 +19.9%
2016 2.68 +115.2%
2017 3.98 +48.3%
2018 8.39 +111.0%
2019 0.0082 -99.9%

Countries ranked near Iraq

  1. 149 Afghanistan 0.1342
  2. 150 Timor-Leste 0.1333 compare
  3. 151 Kuwait 0.1277

See the full ranking of 152 places →

More reference data data for Iraq

All data for Iraq →

Frequently asked questions

What is share of government expenditure going to interest payments in Iraq?
Share of government expenditure going to interest payments in Iraq was 0.0082 in 2019, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Iraq?
The highest recorded value was 8.39 in 2018.
What is the lowest share of government expenditure going to interest payments recorded in Iraq?
The lowest recorded value was 0.0082 in 2019.
How does Iraq rank for share of government expenditure going to interest payments?
Iraq ranks 152nd out of 152 countries with data for 2019.
Is share of government expenditure going to interest payments rising or falling in Iraq?
Over the last ten years it is down 99.2%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Iraq. Statizoid, drawing on Our World in Data. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/iraq/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed