Iraq: Imports, billion dollars

* indicates monthly or quarterly data series
 Iraq

Imports of goods and services, billion USD

 Latest value 69.64
 Year 2022
 Measure billion U.S. dollars
 Data availability 1970 - 2022
 Average 24.30
 Min - Max 0.00 - 72.28
 Source The World Bank
The latest value from 2022 is 69.64 billion U.S. dollars, an increase from 50.71 billion U.S. dollars in 2021. In comparison, the world average is 177.55 billion U.S. dollars, based on data from 169 countries. Historically, the average for Iraq from 1970 to 2022 is 24.3 billion U.S. dollars. The minimum value, 0 billion U.S. dollars, was reached in 1993 while the maximum of 72.28 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.
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* indicates monthly or quarterly data series


Recent data
Iraq - Imports, billion dollars - Recent values chart

Historical series
Iraq - Imports, billion dollars - historical chart - 1970-2022




Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 106.69 2021 percent
 Trade openness 68.93 2022 percent
 Financial openness -1.242 2002 index points
 Exports, percent of GDP 37.32 2021 percent
 Exports, billion dollars 127.96 2022 billion U.S. dollars
 Growth of exports -14.97 2021 percent
 Imports, percent of GDP 24.18 2021 percent
 Imports, billion dollars 69.64 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -2.10 2023 percent
 Foreign Direct Investment, billion dollars -5.36 2023 billion U.S. dollars
 Portfolio investment inflows, equities -6.10 2023 million dollars (current)
 Current account, percent of GDP 16.80 2022 percent
 Current account, in dollars 28.37 2023 billion U.S. dollars
 Trade balance, percent of GDP 13.14 2021 percent
 Trade balance, in dollars 26.67 2023 billion U.S. dollars
 Reserves 112.23 2023 billion U.S. dollars
 Remittances, percent of GDP 0.35 2023 percent
 Remittances 879.41 2023 million U.S. dollars
 Net errors and omissions -2,345.09 2023 million USD
 External debt 8.58 2022 percent
 Short-term external debt 4.78 2023 percent
 Short-term debt to reserves 0.87 2023 percent
 Foreign exchange reserves 136,877.00 11/2024 billion
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