Current Account Balance (As % of GDP) rose 8.00% to 6.86% in Iraq in 2018

Current Account Balance (As % of GDP) (%), 2018
Economy | Iraq | May 17, 2019
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Current account balance as a share of GDP rose 8.00% to 6.86% in Iraq in 2018, according to the National Statistical Office.

Historically, current account balance as a share of GDP in Iraq reached an all time high of 6.86% in 2018 and an all time low of -24.0% in 2004.

Iraq has been ranked 21st within the group of 172 countries we follow in terms of current account balance as a share of GDP, 4 places below the position seen 10 years ago.

Current Account Balance (As % of GDP) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Bahrain % -0.045% -0.065% -2.31% -2.52% -2.92%
Iran % 2.20% 1.35% 0.257% -1.10% -0.931%
Iraq % 0.076% 0.153% 0.067% -1.69% -3.38%
Jordan % -0.106% -0.069% -0.023% -7.67% -6.87%
Kuwait % 0.064% 0.171% 0.251% 8.92% 7.17%
Lebanon % -0.228% -0.243% -0.222% -24.4% -23.3%
Pakistan % -0.053% -0.060% -0.026% -5.17% -5.48%
Saudi Arabia % 0.015% 0.092% 0.059% 7.63% 5.38%
Syria % ... ... ... ... ... ... ... ... ... ... ... ... ...
Turkey % -0.047% -0.027% 0.012% -1.80% -2.10%
Turkmenistan % -11.5% -8.18% -6.35% -6.15% -6.12%
United Arab Emirates % 6.92% 7.21% 7.47% 5.69% 4.75%
Yemen % -3.95% -9.34% -7.44% -4.52% -5.81%