Iraq—Government Revenue Excluding Grants (% of GDP)
Latest Value
38.6%
2019
YoY Change
-1.2%
2018 → 2019
Maximum
39.2%
2014
Minimum
27.6%
2016
CAGR
-0.3%
6 years
Last
38.6%
Previous
39.1%
Highest
39.2%
Lowest
27.6%
Unit
% of GDP
Source
World Bank World Development Indicators
Iraq's government revenue excluding grants (% of GDP) was 38.6% in 2019. This represents a -1.2% change from 2018. Over the past 6 years, the highest recorded value was 39.2% (2014) and the lowest was 27.6% (2016). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 38.6% | -1.2% |
| 2018 | 39.1% | +13.0% |
| 2017 | 34.6% | +25.3% |
| 2016 | 27.6% | -9.8% |
| 2015 | 30.6% | -21.9% |
| 2014 | 39.2% |
Top Countries — Government Revenue Excluding Grants (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Naoero | 115.5% | 2024 |
| 2 | Kiribati | 80.2% | 2023 |
| 3 | Timor-Leste | 51.5% | 2022 |
| 4 | Norway | 51.5% | 2024 |
| 5 | Austria | 45.1% | 2024 |
| 6 | Greece | 44.8% | 2024 |
| 7 | Luxembourg | 44.6% | 2024 |
| 8 | Slovenia | 43.5% | 2024 |
| 9 | France | 42.1% | 2024 |
| 10 | Lesotho | 42.0% | 2024 |
About This Indicator
Definition
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.
Methodology
Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Unit
% of GDP