Flag of iq

Iraq Private Credit (% GDP)

Iraq's private credit (% GDP) rose to 13.96% in 2024, up from 12.55% in 2023, according to World Bank. This represents an increase of 1.41% from the previous year. Iraq has private credit (% GDP) lower than the global median (13.96% vs median 39.47%). Compared with the median in Asia, Iraq is lower (13.96% vs regional median 59.91%) and ranks 38th out of 41 countries in Asia.

Yearly Historical Data (1960-2024)

(in %)
Year Private Credit (% GDP)
2024 13.96%
2023 12.55%
2022 9.54%
2021 11.2%
2020 13.31%
2019 8.81%
2018 8.58%
2017 9.55%
2016 10.08%
2015 9.88%
2014 6.81%
2013 6.34%
2012 5.91%
2011 5.41%
2010 5.39%
2009 3.78%
2008 2.68%
2007 2.48%
2006 2.26%
2005 1.56%
2004 1.27%
1976 6.55%
1975 7.19%
1974 6.96%
1973 11.97%
1972 12.67%
1971 12.48%
1970 14.07%
1969 13.62%
1968 13.62%
1967 14.31%
1966 14.77%
1965 15.22%
1964 9%
1963 10.06%
1962 9.9%
1961 10.01%
1960 9.34%
Iraq Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Iraq.
Indicator Last Value Prior Value Period
Interest Rate 5.5% 5.5% Aug'25