Iraq: Imports of goods and services (% of GDP)
In , Iraq's Imports of goods and services (% of GDP) was 33.20.
That's up 11.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 47.94 . Iraq ranks #99 globally out of 160 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #10 of 16.
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 61.39
- Trough
- 24.18
- 1-year change
- +11.3%
- 5-year change
- +7.3%
- +1.4% / yr
- 10-year change
- +10.5%
- +1.0% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 33.2013 | |
| 29.8301 | |
| 24.2328 | |
| 24.1816 | |
| 29.9920 | |
| 30.9381 | |
| 24.9992 | |
| 25.8648 | |
| 26.4798 | |
| 35.0776 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Iraq's Imports of goods and services (% of GDP) in 2024?
- In 2024, Iraq's Imports of goods and services (% of GDP) was 33.20, according to World Bank Open Data.
- Is Iraq's Imports of goods and services (% of GDP) rising or falling?
- Iraq's Imports of goods and services (% of GDP) rose 11.3% from 2023 to 2024.
- How does Iraq rank globally on Imports of goods and services (% of GDP)?
- In 2024, Iraq ranked #99 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does Iraq's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Iraq is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #10 of 16.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.