Iraq | External debt stocks, total (DOD, current US$)
Created at
2024-08-15 14:07
Category
The indicator "External Debt Stocks, Total (DOD, Current US$)" represents the total amount of debt that a country owes to foreign creditors, expressed in current U.S. dollars. This debt includes obligations to private foreign banks, foreign governments, and international financial institutions. "DOD" stands for "Disbursed and Outstanding Debt," referring to the portion of the debt that has already been borrowed and remains unpaid by the country. It encompasses both long-term and short-term debt, including obligations related to loans, bonds, and other forms of borrowing. The chart illustrates the total external debt owed by Iraq over an 8-year period, from 2015 to 2022, with the data expressed in current U.S. dollars. The figures are presented in billions, offering a clear view of the trends and fluctuations in Iraq's external debt during this period.