Iraq: Government spending, in dollars

The latest value from 2021 is 37.15 billion U.S. dollars, a decline from 40.72 billion U.S. dollars in 2020. In comparison, the world average is 98.73 billion U.S. dollars, based on data from 163 countries. Historically, the average for Iraq from 1970 to 2021 is 14.61 billion U.S. dollars. The minimum value, 0.04 billion U.S. dollars, was reached in 1992 while the maximum of 45.13 billion U.S. dollars was recorded in 2019. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.