Iraq: Government deficit (% of GDP)

Name: Iraq: Government deficit (% of GDP)
Creator: Global Macro Database
License: https://www.globalmacrodata.com/license.html

Percent of GDP · 1950–2025 · 47 observations · forecasts to 2031 · govdef_GDP

2025: −6.41%percent of GDP
Change on 2024: −3.0 pointsfrom −3.45%
Average, 2016–2025: −2.35%10 years
Record high and low: 14.8% (1973)low −35.4% (2004)

Government deficit (% of GDP)

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ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

Year	Value
2031	-7.27	Forecast
2030	-6.32	Forecast
2029	-5.68	Forecast
2028	-4.40	Forecast
2027	-2.66	Forecast
2026	-7.90	Forecast
2025	-6.41
2024	-3.45
2023	-1.14
2022	8.10
2021	-0.377
2020	-12.8
2019	0.834
2018	7.69
2017	-1.52
2016	-14.4

Sources

This series is derived from other GMD variables.

Iraq documentation (PDF)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms

Government deficit (% of GDP)

Recent values

Sources

More for Iraq

Government deficit (% of GDP) elsewhere