Iraq - External balance on goods and services (constant LCU)
The value for External balance on goods and services (constant LCU) in Iraq was 54,696,000,000,000 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 70,172,300,000,000 in 2016 and a minimum value of 12,016,300,000,000 in 2011.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2007 | 19,735,300,000,000 |
| 2008 | 14,142,700,000,000 |
| 2009 | 17,112,200,000,000 |
| 2010 | 12,033,700,000,000 |
| 2011 | 12,016,300,000,000 |
| 2012 | 16,550,900,000,000 |
| 2013 | 15,429,200,000,000 |
| 2014 | 22,136,400,000,000 |
| 2015 | 59,430,600,000,000 |
| 2016 | 70,172,300,000,000 |
| 2017 | 64,801,900,000,000 |
| 2018 | 64,196,100,000,000 |
| 2019 | 54,696,000,000,000 |
Base Period: varies by country
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
