Iraq: Nonbank financial institutions assets to GDP

The latest value from 1976 is 0.04 percent, a decline from 0.05 percent in 1975. In comparison, the world average is 9.83 percent, based on data from 24 countries. Historically, the average for Iraq from 1968 to 1976 is 0.1 percent. The minimum value, 0.04 percent, was reached in 1976 while the maximum of 0.15 percent was recorded in 1972. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: ...Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the IMF’s International Financial Statistics.