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Iraq - General government gross debt as a share of GDP

48.4 (%) in 2018

In 2018, government gross debt as a share of GDP for Iraq was 48.4 %. Government gross debt as a share of GDP of Iraq fell gradually from 344.3 % in 2004 to 48.4 % in 2018.

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What is government gross debt as a share of GDP?

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

What is Iraq government gross debt as a share of GDP?

Date Value Change, %
2018 48.4 -18.80 %
2017 59.6 -9.79 %
2016 66.1 16.18 %
2015 56.9 73.10 %
2014 32.9 2.74 %
2013 32.0 -8.04 %
2012 34.8 -14.58 %
2011 40.7 -23.94 %
2010 53.5 -38.73 %
2009 87.4 17.81 %
2008 74.2 -36.65 %
2007 117.1

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